Arian Silver Corporation Forum

Northland Capital Partners put out a note on research tree: "2015 was a difficult year for Arian Silver Corporation with the development issues at San Jose combined with the low silver prices meant that it was unable to make its debt repayments to Quintana. As a result of these issues, the Company had an orderly foreclosure and concluded a settlement deed with Quintana that resulted in the disposal of the San Jose Project, removal of the Quintana debt and associated finance, along with a cash injection in to Arian of US$700,000 from Quintana. Since this period the Company has reduced its corporate overheads by two-thirds and secured an exclusive option on the Noche Buena gold and silver tailings project. This project has a historic NI 43- 101 mineral resource estimate of 100,000oz Au at a grade of 3g/t Au and 1.7moz Ag at a grade of 55g/t Ag and represents an attractive low cost near-term production opportunity."

No Placing Yet- In talks with Capstone

AGQ = RNS= placing is coming, at what price?

But at moment silver prices so low. Can Arian survive until price rises?

so at 14 dollars an ounce mine is definitely not profitable. Fingers crossed that silver rises.

rab, I am in similar position, I am long in minor oil and mining companies. For past few years. Low oil prices have hit e hard. I think I am just hanging on and hoping the market will change. I don't have the courage to sell at a loss.

yes that looks a bit bigger

I think I will look at the US debt clock, to cheer my self up.

Delayed buy @ 39.5p. Could well do 50p imminently. This beauty has a habit of major moves in double time and 40p is now broken.

SHG also looking good.