Member Info for VanVan

Four twitter posts from Ariana this afternoon. Back from holidays perhaps and the communication machine is back up and running .

51minutes ago new tweet saying new road construction at Kiziltepe to accommodate full extent of the Arzu South pit. Nice photo.

Peter Wale said sometime ago this was a sleep at night share due I think to Cobre income. What a joke. More like a nightmare

Brilliant stuff . Thanks

Could it be anything to do with the Beaufort Administration fall out. Forced selling ?

At least we will have something to discuss John. I’m quite excited about the rest of this year with news scheduled from Tavsan, Salinbas and probably Kepez. I feel all the ground work has been done and that we’re now at a point where news should be value acreditive. The current valuation makes no sense to me so I’m really hoping that the next 5 months or so really starts to see some reality return to the stock. Can but hope.

Out this week perhaps?

I’m sure they will be out this week.

Just waiting for the Quarterlies. Probably early next week?

In the Mail on Sunday

OPTI on Midas. Take some profits? Wise call? Surely more to come with patience.

I agree Jibbo. I should have expanded on my Location point. I also forgot to mention possible Beaufort fall out which as I understand doesn’t get properly concluded until sometime in September.

Other possible reasons. Other than Dan I don’t think directors have much skin in the game. Location Recent gun incident Manipulating ahead of being acquired - pure conspiracy stuff I agree. General sector malaise. Gold price going sideways at best with worries over interest rate hikes and future pressure on gold. Earlier stage in steady state production. But if they keep performing value must out. Nothing stays undervalued for ever. The numbers will present a very convincing argument. I don’t see why it should be anything to do with communication as Bert Monroe is very capable and employed in part to fulfil this function.

Hasn’t SOH already declared he will only do business with those Co’s that share his ethical views. I suspect this rules out many. You can’t really call the chocolate made in the UK proper chocolate. You to look to Europe for that. Same applies to fizzy drinks. He won’t just go with the biggest it has to be right ethically. I think he is right in such a stance. We don’t want to devalue our worth or positioning .

Glen Parsons johnpwh! I did well with Mariana but totally agree with your comments. They finally got lucky with the switch to Turkey, but it was a long time coming. With Ariana and for that matter Proccea, we have some very talented individuals. Ariana has consistently delivered on the exploration front, having a bottom quartile discovery rate in ozs per dollar and Proccea are highly accomplished mining & construction engineers.
The mine went from commissioning through start up to steady state production with no hic-ups and is now delivering well ahead of plan. Impressive stuff. I also like to see Director's "skin in the game" and that box is certainly being ticked. Just waiting for Kerim to buy some more now! And I like to get to know the directors and feel they are straight & trustworthy. I have been very impressed with their approachability and enthusiasm for the business.
I'm convinced it is just a matter of time before value is truly recognised and remain very happy with my investment here.

Hod (Hot) Mardon PFS study issued by Sandstorm. Looks very encouraging and will no doubt heightened interest again in Ariana’s Hot Gold Corridor & Salinbas etc. Worth a look.

We already have 4 months worth of stockpile at Kiziltepe & that continues to grow. Weather at Kiziltepe is rarely expected to interfere with production , so I don’t believe we need to worry much about falling output. The gannt chart (Resource Development Schedule) in the latest presentation shows an extra 5000 ozs coming from Kepez . Then there is Kizilcukur (not yet in JV) also showing production from Q2 next year . So I agree no one has ever mentioned 30,000 ozs pa and I’m probably getting ahead of myself, but with increased current production from existing sources ,Kepez & potentially Kizilicur (not yet in the JV), it isn’t difficult to make a case imo. I accept that Kepez hitting production is dependent upon many things including Permits (Mining & Forestry), so like you rightly say it is best to follow Kerim’s conservative stance for now. Then no one gets disappointed.

Here you go. I don't want this to be seen as a worthless ramp, but I've been standing back & trying to get the signals clear in my mind. Tell me if you don't agree. 1. Since last December Michael's (inc. his wife) shareholding has increased from 36,680,000 (3.49%) to 48m (4.53%). Bought with his own money. He has been buying over the last 12 months. 2. Chris Sangster bought 555,555 shares and Kerim bought 160,000 shares plus bought shares in last years Placing (1,115,384) 3. These latest preliminary results were well above market expectations. Plant grade feed 4.66 g/t up from 3.85 g/t & 2.41 g/t in earlier quarters. Impressive stuff. 4. But the big number for me was 7,171 ozs of gold produced in the quarter, up from 4,866 & 2,145 in earlier quarters. That suggests we could be getting close to 30,000 ozs p.a.not 20,000 ozs p.a. and that is before the extra 5,000 ozs possibly coming into the mine from Kizilcukur next year, without counting ore from Kepez. See below. That is a major shift and makes our financials look very different. I suspect management guidance of 30,000 ozs p.a. for Tavsan will also be conservative. Could Red Rabbit produce 70,000 ozs p.a. by say 2021/2022? 5. Look at the news that is due during the rest of 2018. First we will get the full Quarterlies in about 3 weeks. If previous patterns are anything to go by, the share should rise into that. But what else is expected? a) Salinbas Forestry drill permits & licences - By end of 2018. They continue to work on their data etc. & I believe we can expect more news this side of Xmas. b) Kizilcukur Internal Feasibility Study & permitting - later in 2018? c) Kepez - This is being brought forward. It is a high grade asset and they already have secured an E.I.A. permit. Production was scheduled for 2021, but now looks likely in 2019. d) Tavsan - limited drill programme leading to Resource update. Can anyone add anything else? If you stand back and review the potential and the current share price disconnect, surely this has got to be a very strong conviction BUY.

Lots of good posts on ADVFN

Why isn’t the Co. required to update Shareholders on this issue?