Mariana Share Discussion Threads

[pr0t0n] 02/11/2016 11:01

Webcast from Zurich, 13.50 UK time

[wisteria2] 02/11/2016 09:46

£1.50 the share price assuming steadying of pog ! GLA HOLDERS......considering the spectre of trump or Clinton as pressy, must be good for the POG if nothing else!!

[hectorp] 02/11/2016 09:36

What's the upside for 2017-18? Ive read the recent newsflow, chip also commented on his thread. Looks very promising. Would rather have been a buyer at 20-40p,
now that is too late.
I am assuming gold at $1300 USD for 2017 but of course it could be higher.
H

[gersemi] 02/11/2016 09:23

View from Northland extracted from PA-Inv

'NORTHLAND CAPITAL PARTNERS VIEW: The acquisition of a controlling interest in Awalé Resources that owns the Bondoukou Gold Project is shaping up to be an exciting move for Mariana Resources with several targets already defined where artisanal miners are currently extracting gold. The work programme for Q416 and H117 will focus on refining existing targets and generating new targets for RC drill testing in H217.'

[boadicea] 02/11/2016 09:03

Luckyvince -
Your recollections of past share price performance mostly belong in another world.
In 2010, the company was active and progressing in the Santa Cruz province of Patagonia - in particular the Las Calandrias site. A combination of gold price collapse and Argentinian politics caused that to be mothballed although (unlike MIRL) it still has holdings and concessions there. Following that, a large amount of capital was invested in generally unsuccessful exploration in Peru and then abandoned.
Finally, the company was effectively rescued by the fortunate buy-in at Hot Maden coupled with a recovery in the pog.
It is lucky to have survived imho but at the inevitable expense of dilution and the current share price has little operational connexion with events of 5+ years ago.

That said, the marginality and volatility and of junior gold companies means that earlier investors (~2009-2012) may now see a decent recovery in their positions although the real gains will go to those who arrived in the last couple of years.

The above makes an interesting comparison with the likes of SHG and OMI where recovery is based largely on the original operations.

[gersemi] 02/11/2016 07:09

News out from Ivory Coast..promising

Gold flying as well

[gersemi] 01/11/2016 20:27

TSX close up 6.4% at C$1.33 = 81p

[pr0t0n] 01/11/2016 18:29

Gersemi,

The point I was trying to make that seller (for whatever reason) could have been
anyone. Warrants are gone.

[gersemi] 01/11/2016 18:27

proton

There have been some relatively large trades this week which I would say are sells and I hope from the warrant holders. To be fair though, the number of shares issued triggered by this warrant dilution is quite minimal so its effect should be anemic

[pr0t0n] 01/11/2016 18:21

Ok,

Since July they issued 1.5 million warrants.
Last one of 928k was on the 5th of Oct.

[pr0t0n] 01/11/2016 18:10

anthoniya,

That could have been the case last week, but if my memory serves me right there was just over 1 million issued. Surely these have gone by now.

[anthonyla] 01/11/2016 17:56

Warrant holders, Irish lass. They were responsible for Marl failing to break 70p last week after that great RNS.

[irishlass2] 01/11/2016 16:36

Another positive day, even if we are off the highs of the day. Interesting that someone thought it would be a good day to sell some large trades.

[barrywhit] 01/11/2016 16:34

Interesting days trading, quite a turnover of shares a couple of 250k shares showing and still up on the day...TSX and USOTC trading well also......GLA

[luckyvince] 01/11/2016 11:51

5 to 7 years ago Marl hit this price. But that was before they did a 1 for 10 on the shares. ok, at the time everything was over bought and we now carry extra shares, however, we also have a multiple of the potential we had then.

A few years ago a few of us messed about on a calculator and came to the conclusion that 32p would be a fare share estimation. Again, that was before the 1 for 10 and all the discoveries since.

So we are now about 8p in old money. Not as simple as that as we all know, but I am hopeful for somewhere in the region of £2-£3. All in my own opinion, please feel free to show me the error of my ways.

[barrywhit] 01/11/2016 11:20

Gold on the rise again now $1285....so all looking good....GLA

Mkt. Cap now approaching 100million, could start to attract a few UK Institutions...

[barrywhit] 01/11/2016 11:05

A large amount of "C" trades today, pre PEA.....

[billthebank] 01/11/2016 09:17

First SOLG. Next MARL.

[sonoftherock] 01/11/2016 09:10

Wow. Looks serious.

This doesn't happen to me! Happy days.

[wisteria2] 01/11/2016 08:58

Anticipation of the pea! not due till end of month!! Gla holders

[barrywhit] 01/11/2016 08:50

Start of the rerate....

[irishlass2] 01/11/2016 08:47

Each time I take profits, it moves up. This time I am going to let it run.

[greenrichard] 01/11/2016 08:35

Someones taken the brakes off!