Arian Silver (AGQ.V, AGQ.L)

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#1 Tue, Jun 14, 2011 - 5:20pm
silvernomics
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Arian Silver (AGQ.V, AGQ.L)

Results out next week or two, persistent rumours of gold.

Resource upgrade coming in the summer, probably not before August; the CEO has as good as gone on record saying they'll be moving up from 42m inferred to >100m.

Sprott owns 15-20%.

It's on a dip at the moment due to a bad recent press release about theft of some concentrate.

If it weren't for this whole end of QE2, summer doldrums business, I'd be adding.

Edited by: silvernomics on Nov 8, 2014 - 5:10am
Tue, Jun 14, 2011 - 5:26pm
SilverDog
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There's no end of QE, it's

There's no end of QE, it's all a scam to bring down the market some and close some long standing PM shorts.

Shakes are very good for business.

I see one of the bosses of Arian bought today, that's a nice move.

Tue, Jun 14, 2011 - 5:31pm (Reply to #2)
silvernomics
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Yeah, it's bounced on the

Yeah, it's bounced on the back of that.

I met the CEO a while back at a presentation he did in a pub in Liverpool Street. Plan is basically to get to 200m ounces and sell. Sprott onboard gives me comfort.

Of course QE will resume, but that doesn't mean we aren't going to get a month or so of further downside.

You can't pick the bottom in this game. Arian is way, WAY off its high of 60p (AGQ.L, that is). It might get cheaper, but the speculative froth is off.

What I like about it is that it's the only silver junior in London.

Tue, Jun 14, 2011 - 7:36pm
rock collector
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Metals & Mining Analysts' Ratings & Estimates - Juniors

Found weekly on Kitco, Bill Matlack added Arian several weeks ago to his Metals & Mining ratings list....but he hasn't assigned it a numerical rating yet.
Very curious as to why. I don't think it's the pps or eps and it's certainly not too low a mkt cap.
When PM sentiment was more bullish, especially last autumn, Matlack's highest rated stocks outperformed.

Anyway, I have a small position in Arian, underwater right now, unfortunately. With the summer doldrums still ahead of us, I will want to incrementally add to some of my promising silver juniors. but I will only be able to add to a select few.

Tue, Jun 14, 2011 - 8:17pm
Kumanari
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Arian

AGQ is my number one holding out of 30 as I've been buying since $.05 and continue to buy on all major pullbacks. I buy anything Sprott or McEwen buys. The doldrums is when the Banksters buy, so shall I.

Tue, Jun 14, 2011 - 8:20pm (Reply to #5)
silvernomics
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I think that's smart,

I think that's smart, Kumanari. If you're not a geologist, following the likes of Sprott allows one to piggyback on their expertise to fill in the due diligence gaps.

I presume you are into Silvermex as well, after Sprott's participation in the private placement?

Wed, Jun 15, 2011 - 6:36am
CNJ
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Glass half full

I too have a lot riding on Arian. I bought from before the TSX listing & more after and sold some earlier this year (fortunately) so having bought at between the equivalent of C$ 0.09 and 0.19 I'm still well up, but liked it more when we were twice as high and the glass was, in retrospect, nice and full.

The nice thing about AGQ's earlier story is that they had a rocky road on the route to listing and messed up by getting involved with an Irish outfit that was supposed to help early financing & listing but actually just delayed things and eroded investor confidence. That meant it was very undervalued back then.

It is still undervalued but probably not much more than most silver (or indeed gold) juniors right now. Sprott's entry was a great seal of approval and we are hopeful of some good news soon so I'm happy to hold my half-empty and now rather warm & grubby glass.

As Silvernomics says it's the only silver junior listed in London so anyone following AGQ should pay close attention to movements in London before TSX opening and I would recommend looking at the AGQ discussion board on Interactive Investor (www.iii.co.uk) for some insight & views.

Good luck to us all!

Thu, Jun 16, 2011 - 8:14am
SilverDog
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The latest P3 assay results

The latest P3 assay results are apparently at hand but need some work before release in update news a few days time.

Then, only a few weeks at most before the major JORC resource upgrade comes in, and the bossman reckons he'll see over 100 million ounces which is pretty good for this stage of the exploration, with a great deal more to come with further explo' after that too.

A stake in 100 million ounces for a share price of 43 Canadian Cents is hard to pass. Remember too, there's barely over 300 million shares in issue and they seem fully funded to pay for all remaining exploration, as one British forum post stated they're "cashed up to the eyeballs".

So with the JORC upgrade a few weeks away, it seems a pretty good time for those considering entry here.

Wed, Jun 22, 2011 - 11:20am (Reply to #8)
Zwipped
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Insiders buying

Wed, Jun 29, 2011 - 7:10pm
mountainzen
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25% upswing

A very nice 25% upswing in the past week.

I remember Hillsie speaking highly of this miner on the old site. Hopefully he will chime in on this thread and share this thoughts. I think he said he had something like a million shares?

ScottJ was also bullish on these guys, so hopefully we'll hear from him as well.

Disclosure: I have 28,000 shares and am long ASLRF.PK

Thu, Jun 30, 2011 - 5:49am
steepdrop
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Kumanari Sprott owns this

Tue, Oct 25, 2011 - 10:12am
gbend
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new drilling results

Arian has posted new drilling results. I'm wondering if this is good news or bad news. Also, in looking at the miners that Sprott has invested in, how is the track record? Any opinions very much appreciated... thnx

Mon, Oct 31, 2011 - 9:50am
LongGoldLongSilver
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Wel...

Well, Sprott seems to be invested in every single silver company there is, lol. I have owned Arian since the low single digits, have taken som profits, but have recently bought back a little bit. If they can generate enough cash flow and grow organically, they are really cheap considering the huge value they've got in the ground.

Wed, Nov 2, 2011 - 10:05pm
gbend
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Thanks for your feedback Mr.

Thanks for your feedback Mr. Freefall. I was thinking the same about Sprott being

all over the silver miner landscape. Now that I have a bit of confirmation of that I'll be giving Sprott picks a little less weight. Although I've taken a hit on AGQ since the day

I bought, I'm going to stick it out since there has not been any negatives showing up

on the radar. Thanks again.......gb

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