Member Info for desertjoe

Mining Maven's report is fine but for us it's kinda preaching to the choir and I haven't seen evidence of a lot of share trading as a result. All the points you raise, john, are equally worrisome to me and right now there is every reason to beware of hyping on the basis of a deal that only might come to some sort of fruition and that, in my opinion, only after perhaps a fairly long time (and study) by all the parties involved. My concern is more directed to whether progress of current schemes might be delayed in the meantime and the share price (and investor patience) runs out of "puff" accordingly.

Right now it's all about "what if", "maybe"and "potentials". Should we perhaps be wondering about Dr Sener's own plans?. As a Senior Citizen myself I can look rather objectively and in Kerim we have a brilliant geologist who has nurtured a Company from birth to successful production. During the same period he has personally advanced to middle age so what is he looking for? I'm guessing at the opportunity to enjoy the fruits of his labor with security for family and eventual comfortable retirement. Is it time to rest up a little as a Consultant within the industry and earning fees as a director on other Boards.? Or perhaps the "kicks" from another start-up in Cyprus? Either way a pot of gold (no pun intended!) would come in very handy at this point and I think might be readily snatched right now by fellow bloggers here at a lot less than 10p per share. Where this all goes next is readily answered....Follow the money!

Exactly per forecast...Ride 'em, Cowboys!

VanVan just hit the right note with "By the end of February I suspect the landscape here will be quite different. Best to wait and see what transpires imo". This last day of share movement seems to indicate an appreciable fluctuation...around 7% to my rough calculation. Sells and buys have been about equal and there have been no RNS or any further information or presentations from the Company. Nevertheless a 7% profit has been possible without ramping, deramping or any sort of distraction. I think it's going to be a roller coaster ride for some time folks, prodded with rumor and occasional news from our BoD. Better get used to it....perhaps until Easter.

I disagree that (presumably john's) "hefty selling has taken the wind out of Ariana’s sails". Last Autumn I moved a million shares out and subsequently back in and the sp didn't even twitch. The only thing that moves AAU seems to be either improved income ....real not potential ....or fears of share dilution. Let's just hope that 2020 will be Happy & Prosperous. Meanwhile Ya'All enjoy a Merry Christmas!

Yes, john, I concur with your last posting and especially the logic of your final para. Over the years I have spread my AIM investments among various minnow miners/oilies and start-up companies but now I believe the better route to riches might be to buy into the lenders and royalty people who seem to either cream off the top of successful entrepreneurial initiatives or snatch any opportunity (like vultures) if the borrower gets into difficulty. Yes...I'll stay with my 3p forecast by Spring (but hope your 4p is more accurate). At 5p I might consider cashing in 50% of my holding. Below 2.5p I'm outta here.

Greetings john but I truly believed I had offered some reasoning. You suggested "This (the MoU) is a chuck it all in a bag, swirl it round, chuck it in the air and see how it lands sort of news". I fully endorse that.... hence my response " I really don't see anything now which will drive our sp seriously upward except a specified dividend and/or a detailed commitment by all signatories to any impending re-structuring". In the absence of very detailed information of what this MoU will entail for both the Company and also existing stock-holders, plus anyone else considering buying in, I really don't comprehend how there can be a dramatic upward movement of the share price at this time. Last week most of us had no idea that such a deal might be "on the cards". Show us the money!

I think there are two situations here (john). Firstly there was a general euphoria just before your Election when sterling rose quite dramatically against both the USD and the euro. It has now fallen back a little. Simultaneously many shares rose, including AAU which could be partly because of the potential deal and partly because of the general buoyancy which may have encouraged investments. Again many shares subsequently fell back. If I have gauged it right, having sold all my UK bank shares on the recent spike, the next phase will be doubts and concerns about managing Brexit and the inevitable "what ifs" scenarios which, with some scaremongering by the media", could well drive stock down and enable me to buy my bank shares back for less money.

How many times have we witnessed AAU shares rise a little on news and fall again little by little when the "excitement" wears off until there is a new kindling? So the current "downward trend" is hardly a surprise. I really don't see anything now which will drive our sp seriously upward except a specified dividend and/or a detailed commitment by all signatories to any impending re-structuring. Without this.... speculation about underground seams, alternative sites (or investment possibilities by the Company) is little more than "pie-in-the-sky", Smoke & mirrors, pure conjecture or wishful thinking projected on these chat boards. Current reality is the choice to hang in here folks or whizz off elsewhere if you've run out of hope and patience after so many years. Maybe I'll just hibernate for the winter. Enjoy your Weekend. Regards DJ

I'm with Paul 280i on this

I'm getting the jitters over the proposed deals/changes. Basically I'm a pessimistic sort anyway ( "half empty glass") , john is spooking me a little and I've experienced far too much "Murphy's Law" during my many years on this planet. I'm wary of the temptations of wealth and whether, ultimately, those holding the reins might get selfish & greedy and we pi's finish up with a lost dream. We are really little more than fare-paying passengers...we haven't designed or built the bus! I have other thoughts too...like will there be some kind of share consolidation, redistribution or whatever so that we are either getting a smaller piece of a much bigger pie or dilution by another route? Well that's my rant for today.

As for the new mystery partner...My guess would be a Royalty Company ( like say Royal Gold/Franco-Nevada/Sandstorm). Regards DJ.

Maybe VanVan, but my money's on when Brexit is done and dusted ...better still when we've got a new President and stability and sanity returns to the world.

Whoa guys..... I don't see that John has admitted to disposing of any of his Ariana shares - he has so far merely indicated that he is considering reducing his investment because the amount of capital he had now committed was worrying him, the more so because he is not happy about this deal between Ariana and an unnamed Third Party. Yes - a million shares were sold in the first few minutes of to-day's trading but so what? A lot more followed since which may well be the result of folk reacting to the recent ups and downs of the sp.

Quite frankly I am not too sure how much I like this deal. I've always been very wary of minnow miners striving to grow into "big league"and so many AIM ones have failed in my experience. It's only recently that I have gained more faith here because
Kerim and his team have been able to overcome some of my anxiety by their apparent commercial success these last two years especially and in achieving my own interim target value of 2p . This other deal with Venus Minerals hasn't done a lot for AAU share price yet either. (no surprise there though? it's that resident gremlin!)

VanVan imho has just nailed it (below) with his comment " the devil will be in the detail. For that reason I'm waiting for two things to underpin my current confidence." So am I and I will value further comments in due course from ya'all which I hope will be put forward on this chatboard. My only possible area of disagreement is the belief that the gold price is about to skyrocket. It is a precious metal but it is not exactly rare or in dwindling supply. The real value is the level of profit in selling it....which is where Ariana's cost of producing kicks in. The need for Joe Public to buy chunks for personal security in case of a worldwide war, stockmarket collapse or other doomsday scenario I believe to be a scaremongering sales pitch by coin and bullion dealers. The anticipated "breakthrough" of $1500 didn't get far.

Finally, john, I think you have some time before the implications and/or effects of the impending deal kicks in and I don't envisage our sp leaping short-term beyond a level that you could conveniently buy back in without too much pain. That is, of course, if you have actually sold ! Regards DJ

M20ASH - SW France can be wet & windy from the Atlantic, mon vieux, but I enjoyed the claret and delicious small "native"oysters in Mimizan. Just a thought but you might also consider retiring to Slovenia ...a good place might be coastal Koper (excellent Cabernet Sauvignon) . Italy/Trieste is about 20 motorway miles and Venice just over a couple of hours. We might be moving 'cos missus doesn't like this "fake climate" summer 120F heat and wants me to head east to South Carolina or Georgia. I'm resisting - it's called winter frost. Regards DJ.

John - You may recall previous opinions on here about raising our share price when I suggested a token dividend to investors would not come amiss and would be an act of good faith after the much criticized placement and nearly simultaneous share distribution to the BoD. My idea of a divvi was strongly opposed on here but, lately, it appears that it is gaining support. Are we saying that previously thought "obstacles" might now disappear, if necessary. if it suits? My thought was then for a one off distribution because the levels of future productivity and income might not sustain further annual dividends at that time.

ASH - Again thanks for all your effort in researching all these taxation variances which might affect Ariana and its joint ventures & subsidiaries etc. As one of the dreaded Democrat/socialist or "lefties"(Boris' term that is (lol)....but please don't place me with either Jeremy or our Alexandria Ocasio-Cortez ) I am in favor of a Robin Hood act on the world's privileged 1% and Big Money Corporations with access to off shore "avoidances" but I don't know just how "lucky" your personal tax rate is, my friend. There is a nice little house opposite mine for sale if needs be and with around $ one million and a will to employ 10 American citizens you might be able to by-pass the halt on immigration here for Brits (except those born in Ulster!) and become financially better off living over here rather than there. You could enjoy lower Federal income tax plus no State income tax (in Nevada), no VAT and a lot cheaper food bills (even if some is genetically modified and my nearest supermarket does not stock Colman's mustard or HP sauce). For me one downside of holding Ariana shares is that they are not listed on the NYSE and being also "foreign" I don't get the same tax deductions ( for longterm holding - over 12 months) that I would get with say Lloyds Bank or even some other AIM listed firms.

John - You've anticipated what I was going to suggest. Ease your worry but keep some "in the game" (as long as our directors do - and ta for your support C & B).

Yes, Milord of B...a veritable parade of changing HER bosses dithering about whether to mine or drill forever while spending successive placings to stay employed. Meanwhile all the indigenous locals were happily digging up a living off the site.

Okay...slightly OT, john but it's great that you Volunteer at the RAF Museum. If you mean Cosford, I've been there as well as Hendon, Duxford and RNAS Yeovilton. We have a Vulcan over here at Castle Air Museum in California which also displays a massive B-36 "Peacemaker" ("Six Turning, Four burning"!) .

John - You may not be in a majority of shareholders "who feel that way" and you will find out in due course because it seems there will be a shareholders' vote to approve things in due course.

For me the big question will be the name of the person or outfit who will be buying into Ariana to the extent of 53%. I have noted that Kerim appears on the advisory or even directorate of several other companies and, as we are aware, some transactions have taken place with Kefi (whose sp recently instantly doubled). I am also invested elsewhere with a firm which may possibly turn out to be our "mystery party" so I am somewhat "on edge" here too.

It's for you to decide where you go, john, at the present time. I had certainly reckoned on reducing my investment by half if and when our sp reached 3p and I think the recent spike might have persuaded me to do that. I have to admit that I'd had a "night out" and the UK Stocks had closed by the time I awoke to see a much elevated price of AAU. So I intended to be ready when things re-opened. That's when a severe storm rolled into the West and my rural and mountainous area lost our internet for several hours. By the time communications were restored I'd missed any worthwhile opportunity to sell and I shall have to see where it all goes next.

My main worry would be if Kerim, Michael or even a senior like Zack left the Company or discharged responsibilities (or holding). Especially if this was accompanied by a vote of "thanks for their contribution and well wishes for the future". My experience is that's the time to jump overboard as well and cash in regardless. If you want examples, remember the similarly named Arian, Cambridge Minerals, Range Resources and Herencia.....all imho nice AIM investors' pipe-dreams and lifestyle "cream trough fillers"for the bosses. Time to sleep and it's now our Thanksgiving.

VanVan - I was looking forward to your take on this last RNS and I am not disappointed by your revelations of the positive aspects seen by our BoD or the opportunities which may soon be available for this Company and we investors.

To Kerim's credit the share price of this Company has surely but steadily gained over the last 5 years or so...unlike, for example SHG or ECK which are now at a somewhat similar level to where they were around 5 years ago whilst in the case of Condor Gold (CNR) its sp has fallen continuously over the same period of time and right now its interests are faced with political instability in Nicaragua and a totyal halt to mining gold by the Salvadorean Government. Maybe the least of our worries therefore are the politics of Turkey.

Share price has fallen back. That was a rather bigger bounce than usual for AAU but not really a moneymaking chance if you are focussed to long term gain. The "spread" was too wide. I'm sure there will be further undulations and I still reckon my forecasted 3p in Spring 2020. Bad weather over this side of the pond and unfortunately miserable traveling for many over Thanksgiving.

You've all had a few hours to consider this whereas I've woken up to it. Certainly I am somwewhat in shock as well as being considerably enriched but where do we PIs go from here? (I'd been reckoning on holding for around another 2 years while our sp grew, hopefully, to 5p......but with a bigger capital available to Ariana without diluting our shares....????)

Great video from Zack Van Coller, thanks VanVan and I'm looking forward in due course to your take plus those of M20ASH and our other regular posters who have been attending Company presentations ....you know who you are.

(Nice one, 4Kandles - the tears are rolling down my legs).

(anglicised = do svida´niya)....and now for that video!

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