Ariana Resources Share Discussion Threads

[lottsgold] 05/8/2020 19:58

PUR seems like it can double by year end to me, i was in from 70-130 managed to sell the top at once but will kidnap back in there soon. Very quiet board but won't be once the rise before production starts they are sitting on super high grade deposits i think. Too many places to look...i'm so overweight here it's ridiculous but I feel safe with the direction and news flow coming.

[gary hindsight] 05/8/2020 19:49

Yes managed to break even at least. I already had holding for a while at a lower price. Always read this good board but never posted. Spread my hgm proceeds over aau, cey and pur to get same gold weighting in my portfolio.

[mattjos] 05/8/2020 19:38

"This time too there is something of a game-changer evident in that the biggest silver short of all, JP Morgan, has according to long term silver analyst, Ted Butler, who knows a thing or two about silver and its markets, reduced its short position to at, or near, zero. JP Morgan also has, again according to Butler, amassed an enormous silver bullion hoard in the meantime and is thus poised to benefit hugely from any runup in the silver price. The megabank has also, Butler reports, reduced its gold shorts to near zero too. The moral - don’t try and bet against the world’s biggest, and most successful banker!"

[lottsgold] 05/8/2020 19:37

Nice, should be in good profit soon enough welcome aboard. Sorry hadn't had a chance to catch up on the days chat. Nice to have a lively board.

[gary hindsight] 05/8/2020 19:16

That was my one that hadn't printed. I thought it may be delayed but it hadn't shown even after close and thought had missed reporting it.

[lottsgold] 05/8/2020 18:10

Big buy showing from this morning. Hope we can keep the momentum going tomorrow.

[pauliewonder] 05/8/2020 15:54

Agree. Exciting times. Shame the share price is still as low as it is because I would rather the good rides happen from a higher base. For a hugely cash generative production company, with great assets and potential, this should be closer to 20p than 10p. But 10p will be a start

[snotra] 05/8/2020 15:53

Thanks. Yes, I think I need to stop looking at the shareprice!

[charles clore] 05/8/2020 15:47

Hi and well done. If you think it's exciting now i think the ride is going to get truly exhilarating from this month onward.

[bigglesbingham] 05/8/2020 15:46

Welcome to the board !

[snotra] 05/8/2020 15:38

Hi all, just thought I'd say hello.

I've held 1.2m shares in AAU since 2014 which I bought on the back of an investor presentation. I went for another share but AAU were there and I was impressed with the story. I haven't paid a lot of attention since then and now wish I'd picked up some more...

I came in to some money recently and bought another 1.1m a couple of weeks ago at ~4.5p. The majority are in a SIPP so looking long term. Getting excited now!

[soulsauce] 05/8/2020 15:37

Well our aisc are among the lowest and do Cey have a Salinbas in their portfolio of assets?

[pauliewonder] 05/8/2020 15:35

Wow. Every time I look at the gold and silver prices they get higher. At these levels the co are making over $1500 per oz.Multiplied by 20k = $30mAAU share is $15m paThat doesn't take into account silver credit or any assets.

[thanksamillion] 05/8/2020 15:29

Article on Bloomberg.

Bulls Bet That Bond Market’s Trillions Are Now Coming for Gold.

[cyberbub] 05/8/2020 14:59

Rennik it depends on AISC per Oz at both companies also.

[thanksamillion] 05/8/2020 14:57

AAU 14 day RSI still around 75, more go for yet.

[bigglesbingham] 05/8/2020 14:50

Ren are they going to be getting 49% of their market cap in cash in next few months to boot? Ha ha answer a lot of head room imho

[renniks2016] 05/8/2020 14:43

A rough share price comparison AAU Vs CEY we produce 20k oz PA 50% ours, they produce 256k oz PA 25.6 x more than us, CEY MC 2,654,070 AAU MC 60,930,00 some 43.5 x ours, so we our discounted for what?

To me that sounds like a hell of a lot of headroom to make up! wrong or right?

[bigglesbingham] 05/8/2020 14:40

They would argue they wouldn't take have come across AAU if he hadn't have highlighted the opportunity. Trick is looking what people advocate, then assess reasons why in a logical manner and make own decision on own criteria including when to sell. This has imho just started

[1candc] 05/8/2020 14:35

None that would admit the folly of following the pied piper to financial loss

[shortarm] 05/8/2020 14:26

Topsliceers - 100 lines by tomorrow.. 'I must not topslice my Ariana shares'

[cyberbub] 05/8/2020 14:23

Proper breaking out now. Glad I didn't hesitate to pay 4.6p for my 1M when the offer was 4.5p :-)

[from8to800] 05/8/2020 14:13

A pattern of this magnitude wouldn't be labeled as a cup and handle but rather a saucer. Technicalities!

[bigglesbingham] 05/8/2020 14:08

I have understood KS strategy all way along and he's always backed PG when I've questioned their results. I believe they will come into their own as market cap hits £100m I will watch with keen interest.