Toasted ..this is the apple of my eye at the current time
Trades on the TSX.V , london AIM and Frankfurt exchanges
A screaming buy!
Fundamentals: Fully funded,money in the bank,huge resource and a producer
Fair Market Valuation Summary - 2011-Aug-18
Projected fair market stock price for Arian Silver Corporation is C$1.84. The actual closing stock price was C
.425.
Based on the close of trading on 2011-Aug-18, the current and projected Market Capitalization per ounce of Silver Equivalent for Arian Silver Corporation, considering only the value of its San José deposit, were:
current market valuation: US$1.32 per ounce of Ag Eq.
Projected valuation as junior silver producer: US$6.03 per ounce of Ag Eq. based on the Junior Silver Producer Valuation line evaluated at an average ore value of US$169.29 per tonne.
At $42.07 and 88.42m oz (only 25% of the San Jose vein drilled thus far..projected 300-400m oz when all phases are complete probably Dec/Jan)
3) Oversold on the short term moving averages
Below all the EMA's; even the 5 and 10 day's!
I would have expected it to settle around 52c until the markets re-awaken in four or five weeks, but even this looks like a stretch at the moment!
It looks like we are going to have to wait for volumes to return, which in turn will need a catalyst:
a) HUI breakout above 580?
b) Next RNS - quarterly results?
c) Bid approach?
d) Silver breakout above $42.
I conclude that if this company doesn't get bought out,which I do believe it will..with continued increase in production and proving up its in ground resource 300m oz plus..and $50 plus silver this can easily justify a SP of $5 to $7