Hi All,Saw this on the Endeavour Silver board on the 6th June.Was expecting to hear via this board but nothing. Any comments?The Calicanto properties were purchased from Arian Silver Corporation for US$400,000. They cover 75 hectares over five known, silver-gold-lead-zinc veins Calicanto, Vicochea, Nevada, Misie and Buenaventura within an area of 1.2 by 1.2 kilometres (km).See the Endeavour Silver board for full details.Cygnus 7
Re: Why buy Arian ? Scheme or scam!!
Re: Why buy Arian ? Agree with that diagnosis.Management is key when investing and this one has a shocking record. Invest with a very short-time frame and a half an eye on the exit at all times!
Re: Why buy Arian ? Up 22% - Jim sold his loud shirt collection to fund more lithium exploration perhaps?
Re: Why buy Arian ? Hang on I thought Arian mined silver. Oh yes now I remember they once did but they gave the mine away for nothing having spent millions getting the mine working and now the shares are now worth 0.01% of what the CEO JIm Williams sold his shares for at the peak. This new venture is just another scheme to keep paying the salaries and you really are draft if you invest here. Happy
Why buy Arian ? ZACATECAS LITHIUM PROJECT MEXICO (Zenith 100%, Bradda Head Ltd earning initial 55%)· New tenure (26,000 acres) over extensive system of salt lakes within emerging lithium brine district in central Mexico;· Lithium brines to 2.1% lithium reported in regional sampling program conducted by the Mexican Federal Government from solar evaporation ponds for salt production on adjacent salt lake (10km west of Zeniths new tenure). · Results confirm lithium enriched source brines are present in the district, as well as demonstrating that concentration of lithium by traditional solar evaporation methods is possible: Four water samples returned 1.2%, 1.4%, 1.4% and 2.1% lithium, these very high-grade lithium brines are similar to post-concentration brine feedstock to lithium brine production facilities;· Initial, limited reconnaissance sampling by Zenith on salt pans covering the Companys new Zacatecas tenure returned highly anomalous lithium in surface sediments up to 524ppm - comparable to and higher than those from competitor lithium brine projects in Mexico and the USA; and· Geophysical surveying and infill surface sampling in progress, to precede planned drill testing.
Re: Clean Shell Ah yes DDD. The classic line being 'Jim has pesonal reasons for selling, nothing to see here move on'. Those were the days.Happy
Re: Clean Shell Chauvelin aka sunjammeraka DDD aka SAF, where have you been these past few years?Not a word,then you turn up like a bad smell. You are going to to have to be very good, to sick any more mugs in, the way you did in 2010.Did Jim or one of his cronies send you?
Clean Shell With an embarrassingly small current market cap of £1.4m , and cash in the bank , and no real liabilities , I can see why there could possibly just be some truth to rumours that someone is considering reversing into Arian , in the interest of getting a clean shell on AIM immediately ,in the right sector, rather than spending a year or so and £500k in in costs and generally jumping through hoops .So for the first time in a very long time , this could well be an interesting punt ! And all as a result of disastrous previous mismanagement !
Re: Placing Quite simply, imho, it stinks. Caveat Emptor in the highest degree.
Re: Placing PIGS, SNOUTS, TROUGHS spring to mind here yet again.One hopes the worthless regulators will not admit the shares and request Messrs. Williams to go to spend some time at her majesty's pleasure.Ah that was a nice dream ...DO NOT BUY SHARES IN THIS COMPANY UNLESS YOU NEED A TAX LOSS, BETTER STILL GIVE YOUR MONEY TO A GOOD CHARITY INSTEAD!Next placing due in October / November 2017.
Re: Placing Apologies for mistakes. My useless phone has a mind of it's own and I did not check spellings or inclusion of Jeremy!
Re: Placing Arian are pleased to announce a £600,000 placing to cover salaries for the next 6 months. I got AN abusive email from Winnifrith, telling me to fa... myself and a mother f..jeremy. He hAd put in AN email that he was a fu...g genius for predicting all along that Arian was a dog. When I reminded him of many other camamatous recommendations, like Norman Gold, he sent an abusive reply. Nice fella!
Re: RNS - Placing to raise $600,000 That's £600k (Pounds)Jim Williams, Chief Executive Officer of Arian Silver, commented, ?The continuing support of our investors has made it possible to once again strengthen our balance sheet and puts the Company in a stronger position to progress not only our silver projects but perhaps more importantly, given the current price and demand, our lithium assets. To fully evaluate our current lithium options requires exploration methods that have not been financially viable for us, until now. We believe greater lithium concentrations occur deeper within the salars and the results so far obtained from the surface exploration are merely indicative of the presence of lithium.?''The continuing support of our investors'' Many aren't selling Jim, as its not worth the selling fee might as well let it ride.
Placing Well good news more cash for exploration.Of course your view on value here will be tainted by the oncoming results.I expect a lot more from Arian .At this low MCAP >I will add more ,having checked the acreage in Mexico & other erstwhile explorers there.You decide...And May