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Ariana – Tavsan resource sampling sees shares motor on up: time to trim again?

By Nigel Somerville | Wednesday 22 January 2020


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


AIM-listed Turkish gold miner Ariana (AAU) has delivered a strong set of drilling results from its 50% owned (via a joint venture) Tavsan prospect, part of the Red Rabbit gold project which is feeding its plant at Kizitepe. The good news seems to keep on flowing and the shares – just 1.5p a year ago and having bottomed out at just 1.1p in October 2018 – are now doing battle with the 3p mark.

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