yesterdays news i think you have all missed the main point .it was the news on the first prospect near the mine there is still much more work being done.the first prospect exceeded exceptions ,if this continues though the rest on the mine sat alight prospects we could end up with 12 years or more of mine life and that would i have now dough lift the sp
PS I bought at 1.30.
Just bought a few more.This share is undervalued.It comforts me that it is producing, and making profit, all day every day.In the long run I am confident this will prove a good investment.However, as ever, do your own research !Good luck all,
News That is what drives this sort of stock - those that got caught in this at the wrong time should have sold perhaps however long term they might do better to stay in. Add on further weakness - the important factor is will this make you money that is worth having long term. if you have a number of these high risk - some would say like Dr M foolhardy investments - you could do well on average as long as you have the stamina and are prepared to have a depressing picture re your portfolio from time to time. No good complaining - if you did not know the risks here and bought at a high you have only yourself to blame. I have Greatland gold held for years - that bought on a whim - drip fed was depressingly down - traded made some of it back then boom made profit still in with some of this for more masochistic fun. You have to have stamina and an understanding of the stocks potential to carry on otherwise sell / don't complain though.
Re: The Mail Nice one roco I am glad to be invested here now.Loadsadough
Re: The Mail This the text - over egging it somewhat!AAU Ariana Resources (AAU) discovered nearly three times as much gold at its mine in Turkey than it previously thought it would.
The Mail Ariana mentioned in The Mail under their Market Report.
Re: The RNS effect "They way you have ignored these things when other people say write them but you attack me shows that these issues don't really bother you, you just have an axe to grind with me."Listen up everyone 'cos ThomasT has just played the "Victim Card".Thomas - you have reaped what you sowed...or is that crowed. The fact is that I have discriminated against you because I have had a more enjoyable experience over time bandying views with roco and lotsadough than yourself. Nevertheless roco & loads....consider yourselves duly excoriated. While I am at it, Richard, learn to spell propolly and stop imbibing too much liquor and getting into ya cups when you contribute on here!In truth, Thomas, I have had many differences of opinions with Richard (aka dicfromRugby) and have accused him of "hyping". I have not taken offence either when he (and others) have suggested I was too much the pessimist. On here persons like phil & leggett or pharmajiles can initially cause hackles to rise but eventually everything finds its level ...that's the way "the cookie crumbles". But if it's too hot in the kitchen......
Re: 1.1p? Time will tell. But in February 2017 we were at 2.1p and where are we today - 1.3p - that is what I mean by the trend.Unfortunately, in June 2017, the board dumped 150m new shares on the market at a discounted 1.3p. An action that made a lot of long term shareholders like me very grumpy at the time. I very nearly dumped my shareholding, and frankly I wish I had. Its no surprise the shares have been virtually static ever since and my capital tied up here is missing out on the wider market rise. I think 1.1p or 0.9p is very unlikely. But its clear the company needs something more transformational than another year of mine life to get the share price to move in the right direction.
Re: 1.1p? Time will tell. Hopefully I haven't come across as too belligerent. I don't mind lower forecasts if reasons given, and you say you base yours on trend, which is fine. I disagree about the direction and question the trend interpretation but nobody really knows the direction.One big thing in AAU's favour is that it is profitable, and will be for at least the next 8 years even if they just rest on their laurels. If nothing else, baring an unexpected event, that's reason enough for the SP to move higher.
1.1p? Time will tell. I expressed an opinion that I thought the sp would fall to 1.1p and it seems to have got people's backs up. Note the rather belligerent tone of my critics and compare it to the tone of my messages.I saw it as merely an opinion as part of a bit of chat, but I suppose in stating a figure it is a forecast.Well I made a forecast. Time will prove either my forecast right or prove right those who keep rabbiting on about a rise.
Re: 1,000,000 SELL ? I see 0.9p ahead Correctionwill it continue on the *2017* down trend, or bounce off the support line from 2016.
Re: 1,000,000 SELL ? I see 0.9p ahead but in February 2017 we were at 2.1p and where are we today - 1.3p - that is what I mean by the trend.========== =======Thomas,I'm no chartist but I'd say trend direction is based on where you want to start from. Chart below says the tend from 2017 is down, or you could say we are now at the support line of the upward trend started in 2016. The SP is disappointing, no argument from anyone there. The question is, will it continue on the 2016 down trend, or bounce off the support line from 2016.If you can give me any reasons for it to go down from here, then that's useful. I can see lots of reasons why it will go up1. Company is profitable2. Gold mine functioning flawlessly so far3. POG on the up4. Debt being reduced rapidly5. 30k oz Tasvan mine planned in 3 years with proven template at Kizil6. Salinbas may be massiveI can't do anything about the SP, but I can look at the company and feel relatively secure as I can be, that my investment money is much safer here, than in 95% of the other AIM listed companies, and with very good upside potential
Re: AAU an investment Loadsadough - "AUn should read AAU... My mistake". (as the Hedgehog said to the Lavatory Brush)
Re: AAU an investment AUn should read AAU... My mistake.Loadsadough