niceonecyril
- 01 Nov 2010 08:46
THIS STOCK IS ISABLE
http://www.kitco.com
http://www.investegate.co.uk/Article.aspx?id=20110720065958M0622
This junior resource market is now all about people. Money is cheap, (though I suspect not for long) and there are lots of properties out there � but finding the right people who can provide deal flow who are qualified and trained to manage these assets � is very difficult. Nowadays finding these teams at an early stage investment can be just as challenging to the retail investor. I have found a new silver company that I believe has very capable management and are beginning to implement their business model - Arian Silver (AGQ-TSXV).
CEO Jim Williams has assembled a strong team for this company. Chairman of Arian Silver is Tony Williams (no relation), who is also Chair of European Minerals (EPM-TSX). Tony has raised more than a hundred million dollars for EPM, and raised hundreds of millions in the 1990s for resource companies as the European head of Yorkton Securities.
David Cohen is on the board � David is CEO of Northern Orion Resources (NNO-TSX, NTO-AMEX) which is a low cost producer of gold & copper in South America generating substantial cash flow.
Interestingly, Gord Keep was President of the public shell company on the AIM board in the UK (Hard Assets Inc.) through which Arian Silver first went public. Keep is Managing Director of Endeavour Financial, one of the most powerful mining finance houses in North America. This tells me the Endeavour group has a substantial position in Arian, as Hard Assets Inc. received 46% of the merged company. (There are 90 million shares issued on this company.)
Sponsorship like this is important in the market. It tells the market that this company has the ability to raise a lot of money for a big asset that will garner a lot of attention. And that�s one of the main reasons I�m following the company � I believe this team will acquire an asset that will deserve a much higher market capitalization than today. Growth via acquisition is how Endeavour and its management teams built up Wheaton River Minerals (WRM-TSX, since merged with Goldcorp), Bankers Petroleum (BNK-TSX), and Urasia Energy (UUU-TSXV). I just can�t say when that might happen.
Arian has acquired progressively larger assets to date, all in Mexico. Two are especially interesting to me:
One is Calicanto, which appears to be a large (i.e. wide and long) high grade vein system. The company is currently completing two bulk samples from an adit now underway. Assays are due soon.
All are "brown-field" sites with substantial past exploratory works having been undertaken and generally have significant mine infrastructure in place.
Typical silver grades are around 700 g/t, the silver: gold ratio is ~ 500:1. Some of the better results from the initial phase of the Calicanto exploration campaign include >10,000 g/t Ag and 10.9 g/t Au over 1.2 m, 1,720 g/t Ag and 1.92 g/t Au over 1.7 m, 649 g/t Ag and 2.37 g/t Au over 1 m. These samples were taken from veins which are part of a wider (4.5 - 5 m) zone of stockwork mineralization.
Their latest acquisition is very intriguing. It�s called the TEPAL project, which was explored in the 1970s and the 1990s by a number of companies including INCO, Teck and Hecla. The historical data indicates 78.82 million tonnes of mineralization grading 0.5 grams/tonne (g/t) gold (Au) and 0.25% copper (Cu), equating to 1.23 million contained ounces of gold and 432.63 million contained pounds of copper. The historical data also indicates potential for higher-grade within these zones. The property has great size potential.
Both INCO and Teck were interested in Tepal as a copper-gold porphyry target, regarding silver only as a by-product. Hecla's primary focus on the Project was as a large tonnage, low-grade gold target. Tepal has not been systematically tested for silver by previous owners, because of its low price. Arian management obviously believes that potentially significant quantities of silver, as well as other metals, could also be present at the Tepal Project.
Let�s look at what this project is worth at today�s metals prices courtesy of KitcoCasey.com
http://www.kitco.com/pop_windows/kitcorockcalc.html
78M tonnes of .484 g/t AU and .249% Cu makes the rock worth $28.62 per tonne or a $2.2B in gross metal value.
What makes the project more than a low grade coppery porphyry is that the majority of holes were not assayed for silver � yet the press release commented that �Silver was assayed for by both INCO and Hecla and returned some interesting values.�
Take the $28 rock and add potentially 10 - 20 dollars per tonne for 1 � 2 oz silver grades and all of a sudden you have a project that runs (to put things in perspective) 1.5 grams per tonne gold equivalent. There are many mines in Mexico that work at those types of grades. This project already has the size it needs to be a mine � they just have to prove that silver grades throughout the ore are consistent and really are �interesting� enough to improve economics on the deposit. Arian Silver is a fresh new story with a strong technical and financial team behind it. While Endeavour�s deals often have more stock out than their peer group, this has provided them with strong incentive to find assets that command a much higher market cap and stock price � making us money. BNK-TSX Bankers Petroleum, and Urasia Energy, UUU-TSXV, are the most recent telling examples of this. Arian being recently listed is a telling sign that the story is just starting to unfold. This is early money, so be patient � but it should be very rewarding. I am long the stock.
Gord Zelko
MineralSTOX.com
All statements and expressions are the sole opinions of the editors and are subject to change without notice. This article is neither an offer nor solicitation to buy or sell any securities mentioned. The information is based on information that is public and that we believe is to be factual and reliable and in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. MineralSTOX.com is not a registered investment advisor and does not offer investment related advice.
Bought in heavelly this am,on reports such as the following,seems to be paying off?
http://www.youtube.com/watch?v=iaUSysfQ_J8http://www.investegate.co.uk/Article.aspx?id=20110314070212M0551
http://www.investegate.co.uk/Article.aspx?id=20110427070000M2212
http://www.ariansilver.com/i/pdf/2011-May-CCEO_Statement.pdf
http://www.investegate.co.uk/Article.aspx?id=20110603070000M7102
Some dumpong on news and their's the end of tax year in sight,i expect many are exercising their allowence,back in 30 days
http://www.investegate.co.uk/Article.aspx?id=20120529070004M8433
http://www.investegate.co.uk/Article.aspx?id=20120822070033M6253
http://www.investegate.co.uk/arian-silver-corp-%28agq%29/mkw/arian-silver-signs-definitive-contract-for-new-.../20121127070025M1503/
http://www.investegate.co.uk/arian-silver-corp-%28agq%29/mkw/operations-update/20130219070024M9832/
http://www.investegate.co.uk/arian-silver-corp--agq-/mkw/arian-silver--39-s-md-amp-a-and-results-for-the---/20131128065956M2733/
niceonecyril
- 04 Nov 2010 14:11
- 2 of 111
Firmly believe this one should be checked out?
cyr
il
Arian's bit states:
"Arian Silver is a baby compared to Fresnillo and Hochschild yet it should soon start to generate positive free cash flow. It started maiden production in September this year. The Company owns and runs San Jose in Zacatecas, Mexico, a former producing mine which stopped nearly a decade ago when it was uneconomical to run. Arian believes there is significant potential to expand the mine as past drilling only looked at 10% of the area know to contain silver mineralisation. Some of the money from San Jose's silver production will go towards drilling the untapped area at the project. Arian last month raised 3.9 million to also go into the San Jose exploration pot as well as improve the infrastructure and equipment at the mine. Shares says BUY ARIAN SILVER AT 19.5p"
moneyplus
- 04 Nov 2010 14:50
- 3 of 111
I hold this one after missing fres when it was a bargain! good one cyril imo.
niceonecyril
- 04 Nov 2010 21:54
- 4 of 111
Moneyplus looks like we got it right,silver at $26.37 which if what has been said(via the video in the header post)$30+ maybe $50oz? Weill we see 30p tomorrow,probably not,but 25p possible?
cyril
niceonecyril
- 07 Nov 2010 20:11
- 5 of 111
The pressure is relentless,what effect will it have on the POS?
cyril
Investigations and lawsuits against JP Morgan and HSBC could send silver prices skyrocketing as the uncovering of manipulation, and the advent of a short squeeze comes to the surface.
On Wednesday, Zerohedge reported on the RICO lawsuits filed against JP Morgan and HSBC for silver manipulation.
Today, in a separate lawsuit filed by Carl Loeb in the Southern District of New York, a new light on precious manipulation by the duo was shone, this time involving allegations of breach of the Racketeering Influenced and Corrupt Organizations (RICO) Act. And with the CFTC itself admitting of ongoing manipulation in the silver market, it appears this issue is not going to go away quietly any time soon. Per Steve Berman, co-counsel of plaintiff law firm Hagens Berman Sobol Shapiro: "The practice of naked short selling has long been a serious issue on Wall Street. What we know about the scope and intent of JP Morgan and HSBC's actions in this short-selling scheme dwarfs any other similar attempt to manipulate a commodities market."
As you can see by the silver chart to the left (slideshow), the silver markets made a huge rally because of this news, coupled with the Feds choice to monetize debt.
Jim Willie, writer of the popular Hat Trick Letter, also spoke out on these lawsuits and what their potential ramifications may be.
Several class action lawsuits against JPMorgan have begun, also encouraging, but unclear on substance. They crop up every couple weeks, the latest citing a RICO aspect. Let me know when the full force of the USGovt regulatory bodies order JPMorgan, Goldman Sachs, Citigroup, and Bank of America to liquidate even 10-20% of their short positions. Unless and until such action occurs, the CFTC chirping is just that, noise from the managerie of obedient pets who work on short leashes at the behest of bankers.
Jim's assessment is focussed on the lawsuits, but on the extent of the Fed's QE actions.
Clearly silver rises and falls with the commodities, and even makes swings with more volatility than other items. That testifies to a high silver BETA. Lately, the silver move has been powerful, much bigger than other commodity items since it is being recognized as a currency hedge, a safe haven asset, with the menace of lawsuits and investigations hanging overhead. In fact, Silver is a currency, if pure money can be classified as currency at all. Like gold, silver is a super-currency.
On top of these two factors aiding silver's rise, another one may be gaining in strength... buyers looking to force a short squeeze. In a blog report by Jessie's Cafe Americain, a recent article is discussed on the massive purchases of physical silver by the hedgefund Sprott.
It is my understanding that the Sprott Trust 'books' the silver when it makes the deal to acquire it, but the actual silver will not be obtained and delivered to their vaults for some weeks as the market gathers the bullion together and ships it to them.
This was a very large purchase, and it will be interesting to see if we can determine where it is coming from as inventories draw down. Many analysts watch the reports from the Comex each day for example, and how the various levels of supply fluctuate. Then again, in this paper driven world of fractional reserve inventories at the LBMA and the unallocated accounts of certain holdings it may not show up at all, at least for now. The paper game is pervasive.
Our estimate based on the available data is that they purchased 6.5 million ounces of silver at an average price of 25.82 US dollars per ounce. This is a 1.2% premium over today's spot price of 25.51, and a much larger premium over yesterday's paper prices that went as low as 24.10 intraday.
It is interesting that even on very large purchases it appears there is a premium to be paid to acquire actual un-encumbered bullion versus fractional reserve paper claims. Handling charges? lol.
Some might consider the price that Sprott paid to be a 'leading indicator' of where silver will be going. I think when the paper Ponzi scheme actually collapses silver will be much higher than that. After all, "he who sells what isn't his'n must buy it back or go to prison." Unless, that is, they are running the game. Then they just pay a fine and admit no guilt.
There are just too many forces at work here to break the silver manipulation wide open, and for the banks and the Fed, their monetary straits are such that they have to focus their assets on other things, such as the housing CDO's and MBS's coming home to roost, rather than continue to pump money into holding down silver prices.
Look at the charts... something has broken in silver, and the rise over the past month or two is showing parabolic, and not a case of a gradual market climb. The price of silver is still low enough now for the common man to get in at a good price, but as we've seen the past two trading days, silver is going up now in dollars per day, not cents.
.
unluckyboy
- 08 Nov 2010 10:16
- 6 of 111
Hi niceonecyril, have you had a look at Patagonia Gold recent results show alot of gold and silver to be mined.
niceonecyril
- 08 Nov 2010 16:50
- 7 of 111
AGQ up 11.6% today Finished at 24p to sell,so thats 19p to 24p in a week and it looks like more to come?
ULBoy,glanced at it,but can only be in so many,will take a closer look.
cyril
niceonecyril
- 08 Nov 2010 17:05
- 8 of 111
Silver just broken through $27oz,if it can hold on to that level we could easily see another blue day tomorrow.
cyril
niceonecyril
- 09 Nov 2010 16:31
- 9 of 111
Silver now at $28.72oz,could test 29p today,markets have lost faith in the currencies.
cyril
niceonecyril
- 11 Nov 2010 14:35
- 10 of 111
Added more this am to my ISA,testing it's high,which will be left far behind once
production and resource news arrives?
aimho
cyril
moneyplus
- 11 Nov 2010 15:23
- 11 of 111
I can't afford any more but I agree Cyril.
unluckyboy
- 11 Nov 2010 16:06
- 12 of 111
Have been in and out and have returned for more.....
niceonecyril
- 14 Nov 2010 08:59
- 13 of 111
ULB perhaps you may need to change your name, read this.
The Edison report update link
http://edisoninvestmentresearch.co.uk/researchreports/ArianSilver121110upfate.pdf
If unable to open,states 24.9p@silver priced at $27.19 and with a further reserve potential of upto 195p?
cyril
unluckyboy
- 14 Nov 2010 14:07
- 14 of 111
Lets hope it does go up to 195p, it will be drinks all round.
ULB
niceonecyril
- 14 Nov 2010 23:48
- 15 of 111
'watshot recommends arian silver'
"Arian Silver holds a portfolio of silver projects in mexico, but for the present we need only concern ourselves with the largest, the 100%-owned San Jose mine. The company commenced commercial production at San Jose in October - but only from the currently defined 10% of the overall licence area. They expect to begin mining at a rate of 500 tons of ore per day but the company has a plan to raise this to 1,500 tpd in the near term. This mine has the potential to move the firm into positive cashflow, possibly by the end of 2010. With cash costs forecast to be $4.50 per ounce (or lower) margins could be as high as $66 million per year (based on an average of the grades recovered from the latest round of drilling at San Jose, a mining rate of 500 tpd and a conservative silver price of $20 per ounce).
What makes Arian Silver particularly mouth-watering however is the fact that Arian Silver has thus far only recovered resource estimates for 10% of the known strike length of the San Jose licence area. Given that it already has a JORC-compliant indicated and inferred resource of 43 million ounces Ag within the first 10%, the total resource could be very significant indeed! There's also the potential for another 25-50 million oz Ag at the Calicanto project.
Whilst investors should be aware that Arian Silver has yet to secure a milling partner (the ore mined will not be processed on site), negotiations are said to be proceeding well and the successful toll miller is expected to be announced soon. When that happens the shares should fly. The company had $2.1 million in the bank at the end of the first quarter which should be enough to see it through to positive cashflow territory, especially given that San Jose requires minimal capex (less than $1 million).
P.S. Although Arian Silver is AIM listed it can be included in an ISA. "
niceonecyril
- 15 Nov 2010 08:38
- 16 of 111
Buys flooding in.
cyril
moneyplus
- 15 Nov 2010 11:59
- 17 of 111
some of the predicted sp for AGQ are indeed mouthwatering! I hope silver continues to shoot up--heres to a good week Cyril.
niceonecyril
- 18 Nov 2010 08:16
- 18 of 111
31[+ and looking good,news expected of 1st producion next week,along with silver,looking very solid.
cyril
niceonecyril
- 18 Nov 2010 08:29
- 19 of 111
Arian Silver the only true silver play on the LSE?
cyril
Silver May Top $30 Next Year as Investors Seeks Store of Value, GFMS Says
By Pham-Duy Nguyen - Nov 18, 2010 12:30 AM GMT Tweet (3)LinkedIn Share
Business ExchangeBuzz up!DiggPrint Email .Silver probably will top $30 an ounce in 2011, a gain of at least 17 percent, on demand by investors seeking a store of value, GFMS Ltd. said.
The metal will average $19.94 this year and around $28 next year, GFMS, a London-based research firm, said today in a report. The spot price averaged $14.70 in 2009. Investment demand was projected to rise to an all-time high of more than 210 million ounces in 2010, and fabrication and industrial use also climbed, GFMS said.
The price of silver for immediate delivery was up 52 percent this year to $25.60 yesterday, partly because buyers used the metal as alternative to currencies. This month, the dollar fell to the lowest level since December against a basket of major currencies, and the euro has fluctuated amid debt concerns in Greece and Ireland. Gold rose to a record last week.
The main driver of the price remains investment demand, GFMS said.
Silver supplies will rise 5 percent this year, and investors will be of a mood to absorb the resultant, growing surplus as key supports such as ultra-low interest rates, a weakening dollar and a buoyant gold market should remain with us, GFMS said.
This year, fabrication demand will increase 10 percent and industrial use will climb 18 percent, GFMS said. Mine production will advance more than 3 percent, and scrap supplies will jump more than 10 percent, the company said.
In 2010, gold futures in New York have climbed 22 percent, heading for the 10th straight annual gain. The metal reached a record $1,424.30 an ounce on Nov. 9. On that date, silver futures reached a 30-year high of $29.34. The all-time high was $50.35 in 1980.
To contact the reporter on this story: Pham-Duy Nguyen in Seattle at pnguyen@bloomberg.net.
To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net.
.
niceonecyril
- 22 Nov 2010 08:10
- 20 of 111
A good start to the week.
cyril
November 22, 2010
Arian Commences New 10,000m Drilling Programme at San Jose, Mexico
LONDON, ENGLAND--(Marketwire - Nov. 22, 2010) - Arian Silver Corporation ("Arian" or the "Company") (TSX
VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a
focus on projects in the silver belt of Mexico, is pleased to announce the commencement of a new 10,000m drill
programme at its 100% owned San Jose Property, Zacatecas, Mexico.
The drill programme, which will complement the previous two drilling campaigns, is aimed initially to delineate
additional areas of high grade mineralisation and to upgrade existing resources, between the Santa Ana and
Guanajuatillo resource areas along the San Jose Vein ("SJV"). The drill programme will also start to explore in
detail the SJV system that lies to the west of the village of Guanajuatillo, which collectively accounts for
approximately 90% of the known strike length of the SJV system. One drill rig has commenced drilling at San
Jose, and a second drill rig will be mobilised and operational shortly.
The previous two drilling campaigns delineated JORC and NI 43-101 compliant resources of approximately 43
million ounces of silver, 120 million pounds of lead and 250 million pounds of zinc within only approximately
10% of the known strike length of the SJV within the concession area.
The location of some of the initial planned drill holes are shown in the satellite images found at the links
below:
Link 1 illustrates a zoomed-out view of approximately 5 kilometres ("km") of the Santa Ana and Guanajuantillo
areas
http://media3.marketwire.com/docs/arian_silver_link01_Santa_Ana_Guanajuatillo.pdf
Link 2 illustrates a zoomed-in view pf the Santa Ana area
http://media3.marketwire.com/docs/arian_silver_link02_Santa_Ana_San_Jose.pdf
Link 3 illustrates a zoomed-in view of the Guanajuantillo area
http://media3.marketwire.com/docs/arian_silver_link03_Guanajuantillo.pdf
Arian has also contracted to purchase a semi-mobile laboratory, which is being sourced by Stewart Group's
Geochemical & Assay Division (the "Stewart Group"). The laboratory comprises a comprehensive sample preparation
facility, a fire assay laboratory and a wet chemistry laboratory that has facilities for Atomic Absorption
Spectrometry ("AAS"). The laboratory will be under the sole control and operational management of professional
personnel from the Stewart Group in order that results are fully compliant with Arian's quality assurance and
quality control (QA/QC) programme. It is anticipated that the laboratory will be fully set up within
approximately 6-8 weeks in a secure area on the mine compound at San Jose. Prior to the laboratory becoming
operational, Arian will utilise the analytical services of the Stewart Group's sample preparation facility in
Zacatecas. The Stewart Group, headquartered in the United Kingdom, provide a network of accredited laboratories
and metallurgical services to mining and exploration companies.
Arian's Chief Executive Officer, Jim Williams, commented: "It is with great pleasure that I report the
commencement of our new 10,000m diamond drilling programme at San Jose and the decision to purchase a semi-
mobile analytical laboratory. Our efforts remain focused on advancing the San Jose property with the
delineation of further compliant resources and continuing to create increased shareholder value. One of the
current issues with modern-day exploration is the turn-around times for analytical reporting; this issue will
be largely overcome once the new analytical laboratory has been delivered and commissioned."
Qualified Person
Mr. Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, the Chief Executive Officer of Arian, is a
"Qualified Person" as defined in the AIM guidelines of the London Stock Exchange, and a "Qualified Person" as
such term is defined in Canadian National Instrument 43-101 ("NI 43-101"). This press release has been prepared
under Mr. Williams' supervision. Mr. Williams has verified the data disclosed by this release.
Forward-Looking Information:
This press release contains certain "forward-looking statements". All statements, other than statements of
historical fact, that address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation, statements relating to the proposed
drilling programme at San Jose) are forward-looking statements. These forward-looking statements reflect the
current expectations or beliefs of the Company based on information currently available to the Company. Forward-
looking statements are subject to a number of significant risks and uncertainties and other factors that may
cause the actual results of the Company to differ materially from those discussed in the forward-looking
statements, and even if such actual results are realized or substantially realized, there can be no assurance
that they will have the expected consequences to, or effects on the Company.
Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking
statements are not guaranteed of future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
niceonecyril
- 24 Nov 2010 09:34
- 21 of 111
A summing up of yesterdays news,the last paragraph is interesting(10 fold?).
cyril
http://www.hybridan.com/HybridanSCW/?small-cap-wraps
23 November 2010 Arian Silver Corporation (AGQ 31p/84.71m)
AIM listed silver exploration, development and production company with a focus on projects in the silver belt of Mexico, has announced the commencement of a new 10,000m drill programme at its 100 per cent owned San Jose Property, Zacatecas, Mexico. The drill programme, which will complement the previous two drilling campaigns, is aimed initially to delineate additional areas of high grade mineralisation and to upgrade existing resources, between the Santa Ana and Guanajuatillo resource areas along the San Jose Vein. One drill rig has commenced drilling at San Jose, and a second drill rig will be mobilised and operational shortly. The previous two drilling campaigns delineated JORC and NI 43-101 compliant resources of approximately 43 million ounces of silver, 120 million pounds of lead and 250 million pounds of zinc within only approximately 10 per cent of the known strike length of the SJV within the concession area. Arian has also contracted to purchase a semi-mobile laboratory, which is being sourced by Stewart Group's Geochemical & Assay. It is anticipated that the laboratory will be fully set up within approximately 6-8 weeks in a secure area on the mine compound at San Jose.
Since we last wrote in early November on Arian, almost 40m has been added to the market cap. Arian Silvers greatest potential lies in the scope, through further drilling and exploration, to add significantly to its assets in the ground. The mining plan based on the present resource and which will extract only the highest grade ores will generate income for four years, but this should be sufficient to finance most of the drilling required to expand the resource by a substantial amount, perhaps 10-fold, providing significant long-term upside potential for the shares.