Re: I'm Still Buying domayoil - "if he's done it once, he can do it again"You betcha he will try and there are many very upset people reading this who will try their darndest to deter punters from again being screwed by these people.Okay, domayoil, you say you see things differently to guys (on here). I can only suggest "caveat emptor". You would do well to note the 19th Century nursery rhyme...Taffy was a Welshman,Taffy was a thief;Taffy came to my houseAnd stole a piece of beef.I went to Taffy's house,Taffy was from home;Taffy came to my houseAnd stole a marrow bone.What we have seen at the helm of Ariana imho is a guy who unloaded a massive personal shareholding at the very peak of the Company's sp and thereafter the value went down and down while Williams continued to suck his emoluments out and even borrowed high interest financial loans to keep lapping away at the trough. At one stage his own contractor was probably fleecing him cos he complained that some silver ore appeared to have disappeared. Basically the competence of his personal management and decisions absolutely sucks. But what he has demonstrated is that he has been very successful at living off punters (and loan companies) for a very long time until the bubble which he had nurtured finally burst.. I much appreciated bertiebillion's warnings on this discussion board and disposed of my shares in time to stave off a really horrendous loss but many poo-pooed such "derampings" and held fast, to their ultimate cost. Was it careful deliberation and will he do it again? Well, domayoil, you may find out in due course.
Re: I'm Still Buying It's obvious that I am clearly an ID-iot, only because I'm still buying.I see things differently to you guys.How did you get into this? I know how I did, MW did a story about above ground Silver supplies and how they would be depleted within seven years, that was back in 2007.Same old tune playing, it's such a small market, yeh right !!!!!!Every American geek was on the story about so many contracts this, short that, obviously it was all fabricated that's why we all believed it.Complete Nonsense. Hindsight is a wonderful thing!!!!What costs nothing is worth nothing !!!!!I bet a lot of folks from that era still look in on this BB and feel remorse. Not much!!! The Williams duo had created an amazing achievement IMO only to be robbed in the final moments of the execution. Production!!!!!Heartbreaking for all involved, obviously us the share holders, but I should say the duo were probably devastated as well.To go from explorer to development and production, then be robbed by bad timing is in my opinion is very unlucky!Strong $ weak metal prices, not a good combination.I'm sure they won't make the same mistake twice.If he's done it once, he can do it again. The only difference this time it's a different game, "leaching" costs are minimal in comparison so I am lead to believe.This week with the Fed making decisions RE interest rates could be a crossroads, but who knows. I am no expert by any stretch of the imagination.No crystal ball here.I would prefer to be invested, to see how things pan out over the next few weeks, as news is due and the timing might be a lot different.All in my honest opinion Do you own research.Having said that, a lot of so called experts seem to be very bearish on PM's, that's red rag to a bull to me. You only need one person on the other side of the trade. Hmmm.Free research is worth nothing, we can all vouch for that.
Re: I'm Still Buying Anyone throwing money into this company is clearly a id-iot. AVOID at all costs, run by a complete too
Re: Anniversary Day Dec 15th Sorry, ddd, but my comments would not be acceptable to the owners of this discussion page. However to give you a clue to their content..... -( !!!!!!!!!!!!!!!!!!!!!!!!!!!!! and the list could then be shoved where the sun doesn't shine.
Anniversary Day Dec 15th It will be a year next week since Arian resumed trading after its demise as a nascent operator. I would have liked to put a list of ticks in the 'recovery plan' checklist but I'm struggling somewhat.The only one I have is:1) Raised enough funds to keep going another 12 months. 2) ....Can anyone help with the others as I haven't really been paying much attention?
Re: I'm Still Buying I don't think you do.
Re: I'm Still Buying Sure Do JAYIMHO it's rarely wrong to buy out of favour stocks, I posted that last statement because people can't seem to grasp the fact that the costs were astronomical at San Jose. Complete Dead Loss.But now Dept Free, perhaps with a profitable tailings project and another operation outside of Mexico which could be a masterpiece if DT builds that wall.All we need is some good news and this baby will be back in action.Who used to quote on this BB, Buy when there is Blood in the streets.Do your own research.
Re: I'm Still Buying Do you even read the Arian silver RNS updates?
I'm Still Buying Arian Silver Corp (LON:AGQ) has it all to play for in 2016 as it starts the journey to rebuild itself in the precious metals space after losing its flagship Mexico mine project.The firm is now debt free and has cash in the bank as it considers options for its remaining assets and carries out due diligence on an exciting option deal, also in Mexico, which includes a former mine, and which could lead to small scale, low cost production.It all comes as the price of gold firms, while silver has been on a tear since the beginning of the year, adding 23% since January. The fundamentals of the metal look good, not least as the gold-to silver ratio hit 83 last month - the highest level since the meltdown of 2008.The way to losing San Jose....After a long and arduous road in the first place to get its flagship San Jose silver project up and running and after many processing plant issues, the wheels started to come off after a deal to extend a loan with US group Quintana, with whom Arian already had a financing deal, was terminated in October last year.To cut a long story short, Arian settled all debts with Quintana by handing over San Jose silver mine, after the latter exercised foreclosure right.These liabilities included US$17.8mln debt and US$15.2mln in a metal arrangement, which Arian was released from, and Quintana paid US$750,00O to Arian to make the unwinding process smoother.Talking to Proactive, Jim Williams, chief executive, has put the San Jose loss down to metals prices and said it had needed US$22 an ounce silver to work, which just wasn't possible. "I wasn't happy at the time (to hand over the project) but I now realise it could have been far worse than the way it turned out," he said.Silver is now at around US$17 per ounce.So what assets are left...?Arian has retained its key Calicanto project along with 1,600 hectares of mining concessions.Calicanto lies a 15 minute drive from Zacatecas city and consists of seven contiguous concessions over 75 hectares, with excellent road access and sources of electricity. The site consists also of the San Celso and Los Campos concessions.There are five distinct geological veins, which exhibit the characteristics of a classic epithermal silver system.Elsewhere and significantly, in February this year, Arian signed a an MoU with private company TNM over its mining portfolio, which includes the former Noche Buena mine and associated tailings, giving Arian 90 days' due diligence. These project are gold with silver and base metals (lead and zinc) as bi-products and no fees are payable by Arian.The firm has just raised £700,000 in a placing to further advance exploration and to help it advance the TNM option.The projects have a good postcode, Noche Buena is partly alongside Toronto-listed producer Goldcorp's Penasquito site, which is projected to produce up to 580,000 ounces of the yellow metal in 2016.The Noche Buena tailings already have a NI 43-101 compliant resource of one million tonnes containing 3 g/t gold, 55 g/t silver, and 0.8% zinc and Williams has suggested this could lead to a simple , low cost small leaching operation. Mining stopped in 1993 due to low metals prices and technology advancements now mean exploiting such tailings better is possible, he added.The TNM deal, suggested Williams, sets the foundation in place for further news flow from Arian this year, as a deal on only one of the private firm's projects would be a significant advancement for the firm.[link]
Re: List of achievements update I think the Williams's Golf handicap has come on very well indeed and one should not over-look these achievements, plus both of them have been seen regularly at the Abergavenny 'Happy Eater' with slightly vacant looks on their faces..... meanwhile down in 'Mehiko' the silver and zinc etc etc is making someone a f.......g fortune.
List of achievements update Almost a year now since we, er, had a change of strategy....I thought it was time I checked in to see how the recovery plan was going. So far as I can see the progress year to date is as follows:Have I missed anything or does that just about sum it up?
Re: taken of aau bb Fred - he mistakes his whisky for his lucozade from time to time...don't concern yourself.
Re: taken of aau bb Why on earth have you posted this irrelevant essay on here!!
Re: taken of aau bb Dic, Not read your rather long post but Ive a feeling from the first lines this doesn't have much to do with Arian.If it does please point it out to those of us who don't have much time and have even less to waste on this BB.
taken of aau bb sday 143Subject AAU MARL & Gold & Silver Votes for this Posting MessagePlease, this is going to be a long post so scroll down to the bottom and read in full.1. MARL & AAU are both still strong buys, AAU more than MARL, reason will become apparent later.2. Gold, during the Vietnam War US sold off vast amounts of gold to fund it. The Far East and China in particular amassed the gold as it came on to the market and China has been buying ever since, Comex and the manipulators of gold by the west fell into China's trap and brought the gold price down enabling them to buy significantly more at a lower price. Quite how much China and its population hve accumulated no one knows, as they have never declared their holdings. 12 months ago there was an attack on the New Zealand dollar which significantly de-values it. China buys a large amount of dairy produce, beef, lamb and mutton which decreased China's import bill. Over the last month Stirling has been sold down considerably and the markets have been blaming the Euro. The Euro has been contributing to this but at the same time the Euro has been sold down and the two currencies are being transferred into US $ - so what is the end object. I believe China is converting their western reserves into US$ with the end game is for China to buying US automated companies which will undercut their production costs and also to probably buy high tech. companies to aid their space programme. The object of buying gold, I believe, is that sometime soon they will seize their people's gold at the threat of death and go onto the gold standard. Probably revaluing gold in $ to somewhere between $3500 and $7000, this will ultimately destroy all value of western currencies.3. AAU at present holdings in the mine JV has 0.5 million (our holdings are 0.25 million) ounces probable and proven gold and gold equivalent. I believe that at the end of the drilling campaign that will increase to probably 1.5 million but, and this is a possibility not a probability, Arzu central and Arzu far south which run parallel to one-another connecting together in the middle, would give us an average grade of probably 5grms gold, gold equivalent probable and proven. This would increase the resource at the mine to probably 3.5 to 4 million ounces half of which would be AAU's. AAU's other assets 100% owned give us another over 0.5 million ounces and the JV Salinbas prospect gives us another 0.5 million ounces, therefore I believe it is possible that AAU, including the 50% owns in the JV's so the joint JV's are a possible 2.5 million for our half of the holdings in the mine plus 0.5 million for our half of Salinbas plus 0.5 million for our own 100% holdings. We have to wait and see but this is highly possible and this SP is significantly undervalued anyway.4. MARL, on my understanding, has somewhere between 4 & 5 million ounces probable and proven when the next resource update comes but, taking away the consolidation that still leaves MARL at nearly 4 times the valuation of AAU and MARL owns 30% of their JV, I do not believe MARL is undervalued, it is AAU that is undervalued, in fact all gold prospects are undervalued.5. Shorting AAU and MARL are both being shorted at the moment, that must be apparent to anybody! To stop this, shares need to withdrawn from the market and to do that there are 2 possible ways, 1st you can do as I did yesterday and pay £20 per holding to have your share certificates sent to you which removes them from the market completely and cannot be used for shorting purposes. The 2nd way would be to put your shares up for sale, not to sell but for a projected sell, stating a price far exceeding the present SP. This removes them from the back ledgers to the front books and so are not available to be loaned to shorters. If everybody with significant holdings, or in fact all holdings, does this today then the shorts will have to be covered because the shares will not be there to lend. If you pu