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.... while we sit on such a wide spread. MM's constantly seem to drop the bid price.

Dodged the question about where he thought the share price would be tomorrow.

Starvest (SVE) have a half yearly report out today which praises both GGP and AAU:

Ariana Resources (LON:AAU) continues to report good silver-gold production results from its Kiziltepe Mine. Annual production in 2019 exceed guidance by over 10% as well as reducing operating costs in the last quarter from US$540 to US$500 and the Company has now completed 100% repayment of its $33m capital loan on the mine as reported on 1 May 2020. Q1 2020 preliminary results are continuing to show strong results again with production exceeding average annualised quarterly guidance by 14% at 5,129 oz at an average grade of 3.22g/t gold. Ariana has also been continuing exploration on its 100% owned Kizilcukur project with a view to possibly developing the deposit as a satellite to the Kiziltepe Mine.

I've not been at it long, just over a month and I'm under no illusions about it. You're right, it's said 90% of traders lose money, but that covers a hell of a wide area, cfds, forex, spread betting, shorting, crypto etc. I'm not trading a massive amount of money at the moment, less than 5 figures spread across my portfolio and I am up, but only because I feel (looking back) I got lucky with one particular share - HEMO. Bought some at 4.2p and 6.2p and got out at 10p, then bought again at 10.2 when it still looked like it had momentum and managed to get out at 14.2p before selling engulfed it. Today it sits at 7p. Without that one share I would be 13% down instead of 15% up. I'm reading a lot, learning, trying to analyse charts and volume, look at fundamentals and obviously I'm going to make mistakes.
Anyway, to early to say, but I wonder if gold bottomed yesterday around $1695? Currently around $1722 so bounced back nicely. AAU seem to hold up well yesterday, with the bid remaining at 4p.

I agree, but then so will loads of other shares be - & I'll doubt I'll hold long enough to realise the gains. Typically, more or less as I sold, gold has turned and gone the other way - c'est la vie. I just look at shares that have made new yearly highs now preferably on above average volume & AAU caught my eye after breaking roughly 3.65p after 4 or 5 attempts. I'm the opposite to VanVan in my time scale, I'm looking to trade & I think this has the potential to move up quite quickly. Funnily enough this was the first online share I bought roughly 8 years ago for about 3p.

Got to say, gold actions have put me off a bit, now below $1700 and silver has turned red as well, after being up a bit. I've sold for the time being and will watch from the side. Don't fancy being caught holidng on to gold stocks if there is a full blown sell off in gold after LSE market closes 4.30pm.

Bid moved up to 5.50

Hopefully just about to blow again

I think it looks pretty bullish on the charts. It had 4 or 5 goes to break 3.65 and hold and when it finally did I bought in. That 3.65 should now become support but it hasn't come anywhere near it after breaking out on 18/5. Big candle on the 22/5 and now a big hammer on above average volume on a day when gold is down. Looks like there's still an appetite for buying. I added today.

Thanks, trying to trade and read charts myself and agreed, set up looks very strong. Managed to buy some more at 15.30 today.

On my charts the 50 ma is well above the 200 ma?

https://twitter.com/TechTom87/status/1265010776609341441

Where's Tech Tom and Profit to back you up?

Or is this old news disclosed in the RNS dated 15/5/20?

Amazed no RNS -yet.

Right old games going on here constantly raising and dropping the bid.

Strong finish

Thanks for the replies. Good luck all for this week.

It’s all very well buying physical gold, sovereigns etc but how easy is it to sell? Has anyone got any experience of this?

Well, this should be the day it does it.