Allied Gold Share Discussion Threads

[juju43] 11/5/2011 09:45

they have no stock. buys are steadily pushing up the price

[juju43] 11/5/2011 09:16

added another 40k this morn. had to buy in 2 lots . they must be short of stock

[juju43] 11/5/2011 07:37

the recovery should continue today . gold helping

[juju43] 10/5/2011 17:36

loaded up after the big drop. just does not make sense so i think some easy money to be made here

[boadicea] 10/5/2011 09:35

Finally a bit of buying pressure showing up at these bargain prices.
But why did they wait until today?

As a producer (now at about twice the historical level) it should be one of the favoured pm stocks. The technicals of the Oz market, influenced by the perceived over-valuation of the Oz dollar, might naturally have held it back but that should be eased by the capital reorganisation and listing as a LSE main stock led from London.

Moreover, the 6 into 1 consolidation should aid perception of the company on TSX, where low value (less than C$1) shares are thought of as light-weight penny stocks. (Cue for AGQ here?)

[juju43] 10/5/2011 09:32

recovery has started.

[boadicea] 09/5/2011 08:34

I see the buys this morning at ~32.45p are showing as sells.
Note also, Oz price is at 34p equivalent with the last deal at 52.5c (=34.5p).

[wylecoyote] 08/5/2011 14:17

Diviniausa1,

I'd be a little surprised and disappointed if QE3 and 4 happened. I would argue that governments or banks sholdn't interfere in the markets to much, personally i think sufficient support has been given. I mean to keep printing money would just reduce the value of cash. You only have to look at germany in the 1920s. I suppose if I had a gold holding, I wouldn't complain though...lol

[divinausa1] 08/5/2011 01:18

25% drop i would say so, its as though one of the mines had been shut down or something, crazy selling POG is still VERY high and still around $1500
i really dont get the sell off, even if the POG halved these would still be making decent profit as it is POG will go to $1600 and beyond, you see the USA has no choice QE3 and 4 will happen! becarful what you believe from Central Banks!!!!!!!!!

[juju43] 07/5/2011 16:56

hugely oversold . expect a bounce

[ajviews] 06/5/2011 17:07

There is a 200+ page scheme booklet on the co website for those interested, maybe some details in there and will have a look over the w/end myself.

There is also an updated presentation - similar to the latest quarterly release but think gives some more details such as the current drilling plans etc (that may provide some good news!) and confirms Allied is still targeting 650/oz for mining costs (and plant upgrades/cost initatives are expected to reduce this). We seem a bit hard done by on price here currently with gold still around $1500 so looking for a turn next week.

[kenone] 06/5/2011 16:25

Bid has held at 32p since 10.36 this morning juju

[vivgav] 06/5/2011 16:09

Chart suggests - need to hit 30p

[juju43] 06/5/2011 16:06

price had to yield with the weight of selling

[juju43] 06/5/2011 15:48

TSX volumes always poor so i would not get too excited

[divinausa1] 06/5/2011 15:48

The U.S. economy added more jobs than forecast in April, easing concern that higher fuel prices are slowing the economic recovery.

Payrolls increased by 244,000 workers last month, the biggest gain since May 2010, after a revised 221,000 gain the prior month, the Labor Department said today in Washington. Economists projected an April rise of 185,000, according to the median estimate in a Bloomberg News survey. Employment excluding government jobs jumped the most in five years. The jobless rate rose to 9 percent, the first increase since November.

More jobs and rising wages may give households, whose spending accounts for 70 percent of the economy, the means to overcome the highest gasoline prices in almost three years. Federal Reserve Chairman Ben S. Bernanke and some of his colleagues have signaled they plan to forge ahead through June with record monetary stimulus to bolster the expansion.

gold moving back up

QE3 and QE4 on the way,,, usa has no choice

[boadicea] 06/5/2011 15:37

It is now rising on TSX (ALG there) so we should make some recovery by close.

[kenone] 06/5/2011 15:01

Those latest trades at 32.44 look like buys to me. I think we should settle down at this level and start a slow pull back up - assuming POG does not fall significantly further.

[juju43] 06/5/2011 14:42

the stampede outta here ia amazing

[juju43] 06/5/2011 14:03

even so the price fall looks way over done

[boadicea] 05/5/2011 20:00

Wyle - you echo my earlier thoughts.
The problem is partly lack of detail.
We know that the mining and associated costs continued, but without the ore being processed the most they could add to its value would be the bare cost of moving it.
We also know that more waste was stripped than would normally be the case which is probably dead cost (difficult to attribute a value) until the advantage of smoother production appears as a bonus in a later quarter.
Also, were the costs of the tank/pipework repairs also charged as a mining expense?
If so, that should not repeat very often.

[boadicea] 05/5/2011 19:44

That just means you bought below the published mid-price.
advfn don't know whether it's a buy or sell, only the price of the deal.

[jackdaniels9] 05/5/2011 10:52

it seems a bit misleadingjust when u bome some shares they come up as a sell on advfn trading history

[wylecoyote] 04/5/2011 13:19

It seems to me that in spite of the production shut down, it seems to me that the cost of extraction is a little high. Considering the bigger picture, with inflation on the rise and potential interest rate rises, I personally would be concerned. Im not saying that gold won't keep rising, but that cannot be the only saving grace for AGLD. However, I am still interested and am keeping a close look on the charts.