Ariana Resources Share Discussion Threads

[inntolife] 10/8/2020 08:40

Those shares at 5.55 are into both his and his wife's ISA's that used up the total of £20,000 in each of the ISA's nice tax free bonus when he comes to cash them in :)
Good for him

[pauliewonder] 10/8/2020 07:51

So the RNS is essentially given shares at 1.55p and selling the full amount at 5.56p. Nice profit. Then repurchase total shares of 955k at 5.55p.

[auphilman] 09/8/2020 21:07

Y that was enjoyable Plas, never heard of the robinhood trading platform.. interesting how the millennials are now trading gold like bitcoin.... yet another driver i guess

[plasybryn] 09/8/2020 15:22

Interesting interviewhttps://m.youtube.com/watch?v=0kmBjoFlSlw

[pauliewonder] 09/8/2020 15:05

Wow. Gold at $3300 and silver $75 by end of 2020. AAU share price would be unrecognisable if that becomes reality.

[bigglesbingham] 09/8/2020 14:29

Great line "if you get a winner stick with it!! "

[renniks2016] 09/8/2020 14:03

Considering we produce 10 x more silver than gold, this is an interesting listen. http://ow.ly/7M6Q50ATCeA

[pauliewonder] 09/8/2020 11:29

Htxp://www.proactiveinvestors.co.uk/companies/news/221642/ariana-resources-sees-salinbas-as-major-gold-district-221642.htmlI'm this interview KS talks about Kiziltepe mine extension and some "exciting" prospects for extension, particularly the north west vein of the Arzu south pit. They have recently been drill testing this area. Should therefore hopefully be due some news on this, which is exciting as Arzu south = the highest grades at Kiziltepe

[plasybryn] 09/8/2020 10:54

:listen to this great interview and hear what these 2 titans are suggesting for gold!
Do the maths for Ariana Resources even with 23.5% at these prices!!

[mad foetus] 09/8/2020 09:10

I think gold looks over extended, but otoh since it broke 1800 any dip has been aggressively bought. Nothing rises in a straight line but gold bull markets historically have lasted for a decade and several hundred percent. Unless you are both skilled and lucky, holding for the duration is a better bet than trying to find peaks and troughs.

[1candc] 09/8/2020 08:57

(Kitco News) Gold price pullbacks or not, gold will continue to make new highs, eventually heading to $2,100 and higher, according to analysts. The levels being eyed range from $2,100 all the way to $3,000 for this year.

Full article

[1candc] 08/8/2020 22:31

AAU has the lowest costs per Gold ounce production than any other miner I can think of at circa $615, so even before the latest surge in the Gold and Silver price the company was very profitable. I think there is further headway in the Gold and Silver price and AAU is in an excellent position to profit from that.

[pauliewonder] 08/8/2020 09:49

Possibly but we have support at around $1980 so won't drop far in my view. Also, US sanction on Carrie Lam amongst other global tension, China-US and COVID, won't stay low for long although there will be volatility.At anything above 1800 margins for the co are very strong. Our costs are 500 currently but thought to be 615 for life of mine. So $1800 gives profit of nearly $1200 not taking into account the full silver credit

[rumpus1] 08/8/2020 08:53

Think we will see some more headwinds in the gold price as it has gone up way too quickly. I wouldn't be surprised to see a correction under 2000 this week, especially if the $ continues to strengthen on the back of the non-farm payroll data for July. Think we will be in for a bit of a rough ride this week.

[jc2706] 08/8/2020 05:24

Not really. The whole sector needs to cool off a bit. It's healthy.

[cyberbub] 07/8/2020 22:30

Bit disappointing share price action today?

[bigglesbingham] 07/8/2020 19:14

He certainly does that. That's what's good about this board , if you make a comment which can be misconstrued people are on you like a rash ha ha

[charles clore] 07/8/2020 18:44

Sorry but I didn't mean lifestyle company as in the way some have interpreted the phrase. But Kerim does enjoy his work as anyone who follows the company will know. That is how I meant it so apologies for the confusion.

[gaddy88] 07/8/2020 17:55

PREM needs a criminal investigation.

[plasybryn] 07/8/2020 17:17

Or more recently PREM. Unbelievable how they pull the wool over investors eyes.

[matt778] 07/8/2020 16:24

Spot on JC I have seen countless 'lifestyle' companies over the years now I just give them a very wide berth

[jc2706] 07/8/2020 15:50

Anyone who thinks this is a lifestyle company should have a look at RRR or RGM over the past few years. Now those really are lifestyle companies for Andrew Bell.

[bigglesbingham] 07/8/2020 15:42

Should have read "not sure I agree .......

[bigglesbingham] 07/8/2020 15:41

Yes I didn't agree no way is this a lifestyle company