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Saturday 30 January 2010

Ariana Resources: Going for Gold in "Turnkey" Turkey - 2010 Presentation

 At the beginning of January we presented a value proposition for Ariana Resources, the Turkish gold developer which has its sights on near term production through a 50/50 joint venture with Proccea a major Turkish engineering and construction firm.

We also noted that under the prevailing market conditions during  2009, the company elected to spend most of the year focussed on corporate and operational activities, putting on hold their promotional efforts until such time as the market would be more receptive and perhaps even even up for a punt!

So for Ariana's management, the new year kicked off with a presentation on Wednesday to the Association of Mining Analysts, which by all accounts was well received. The schedule of presentations and exhibitions is set to continue throughout  Q1( for a list of the events planned click here ) which also looks likely to be a period of active news flow.

However, for shareholders, there is one piece of news which is eagerly anticipated, and thats the  finalisation of the Proccea JV agreement, which will mark a transformational event for the company and will see Ariana firmly on its way to its goal of near term gold production in Turkey.

To view the latest 2010 presentation from Ariana , click here 

To view the Miningmaven value proposition on Ariana (03/01/10) click here








This summary represents the views and opinions of Miningmaven, has been prepared for information and educational purposes only and should not be considered as investment advice or a recommendation. All opinions expressed in this weblog are those of the author and should not be construed as being made on behalf of any featured Company.
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