Atalaya Mining Share Discussion Threads

[poleaxe] 16/3/2017 21:40

I'll have a pint of sheep dip, you can keep that red stuff.

[husbod] 16/3/2017 17:48

Very civilised

[rougepierre] 16/3/2017 16:26

Staying at Rocco Forte's Verdura Golf Resort...

4 days golf...three days visiting Montalbano's haunts...

Drinking Primitive, Nero D'Avola and Marsala...

[reba] 16/3/2017 11:50

Funny today we have nearly 18k more buys and the share price doesn't move.?
Not like yesterday when the took it down 2p for 3k more sales
What a fiddle

[husbod] 16/3/2017 11:13

Never been to Sicily rouge although it has looked very enticing over the last few years - great food and wine plus nice weather. A winning combination. Be interested in your views when you get back.

[acamas] 16/3/2017 10:59

fine by me also. I do not think my posts have effect anyway

[reba] 16/3/2017 10:58

Husbod
Thanks for the advise.
Leave atym in your hands. Needs to be about £2.30 for me to break even for when I get back

[rougepierre] 16/3/2017 10:43

fine by me husbod...I'm off to Sicily next week anyhow...

have a good weekend...

[husbod] 16/3/2017 10:32

Have a great holiday reba and a propos remark's remark make sure the missus doesn't spot you admiring the local fauna - it can be bad for the relaxation element of a holiday. I find that pretending to read a book is a decent cover but don't forget to change the page occasionally. Unless you have something electronic of course.

AND FORGET ALL ABOUT ATYM

[reba] 16/3/2017 10:22

Think AIM have computer problems this morning
Every time I log onto my portfolio, It gives a different overall total figure.
Never goes above always below.
Time they invested in a better system which is more accurate and gives a true instant dealing figure. Instead of holding trades back for manipulation purposes

[reba] 16/3/2017 10:13

Husbod
I agree to that, I'm off on hols for 2 weeks.
Bet the share price goes down, yet again.
And I ger browned off.

[husbod] 16/3/2017 10:04

Acamas, LLB,and rouge. Fancy joining me and agreeing not to post for one whole week starting on Monday. Let's see what effect that has on:

1. The share price and

2. Our mental well being

[rougepierre] 16/3/2017 09:20

So...Ive bought another 5,000 at 142.25...

[rougepierre] 16/3/2017 09:15

As Cufe has made clear...MMs dont take long term positions in a share. They make their money from turnover...they may mark prices down to spook people into selling, trigger stop losses, or mark them up to start buying...there is so much apparent uncertainty here (unless like some you are convinced this is a gold mine waiting to happen) that they can get away with a defensive wide spread...

My own hunch is that we have a buyer or buyers trying to get in cheap, with a rigid limit, but we also have a sellers strike because most weak holders have been shaken out and the rest of us know great news is coming...soon...so there is a standoff...

If we were in trouble the price would have fallen below 140, but it is stubbornly sat on support and...if the copper price continues up, we aint staying here much longer...

AIMHO as usual...

[acamas] 16/3/2017 08:54

The purchasing demand just does not exist. It is nothing to do with the MM's they just trade the prevailing market conditions. It is similar to playing cards if your hand is weak and your opponent has loads of wonga they can keep feeding the kitty and taking your cash till you are wiped out. However when ATYM records profitable figures and more punters enter the fray then perhaps the fulcrum changes for the seller(s)

Well that is my take on the current state of play

[midyson] 16/3/2017 08:46

copper goes down-ATYM go down, copper goes up-ATYM go down, ATYM wins court case-ATYM go down, bullish mid/long term on copper-other copper producers go up, ATYM go down, Next months results/forecast which anyone with basic numeracy skills can project - what way will the shares go again, something fundamentally wrong here with this company which the MM have sussed but we havent

[laurence llewelyn binliner] 15/3/2017 18:47

FED interest rates up to 0.75%, Copper up ($2.67/lb), Gold up... go figure..!
How long until we follow ..? or are we parked on 0.25% until post Brexit..?

[edit] Copper now $2.69.. :o)

[reba] 15/3/2017 15:55

This is typical of the trading on this share 2p drop on about 3500 shares sold more than buys.
Absolutely ridicules
Even aim don't want it to rise,
Crying shame.

[shortarm] 15/3/2017 14:48

Weren't you saying that exact same thing at less than 80p?

[langostino] 15/3/2017 14:45

This is a share waiting for a catalyst - always has been. I told bw years ago that the worst outcome was for Emed to move forward into production. Trafigura's defensive entry completely messed up the PI investment case. Nearly all the old posters/investors have jumped ship. Even the Maltese threw in the towel after all that ramping. A slow recovery of industrial metals may pull the price up with it but this tired old share is going nowhere.
(IMO)

[spcecks] 15/3/2017 14:44

Eric I also think it will come good eventually.

[laurence llewelyn binliner] 15/3/2017 14:21

The dividend circumstances aren't going to help us short term with new investors much that's for sure, but we could clear Astor off in 18-24 months..

I do agree however that it can/does tire you out after years of holding, and every quarter, every milestone we clear.. we trade down or sideways.., it does feel like we are going nowhere, BUT, focus on the progress of the company with the new BOD not the share price to keep your emotions in check.. and we are making big strides forward.., maiden profit Q, maiden profit year 2017..! all we need to do now is keep cranking the handle and it will come good, it's risk off, to bail out now makes no sense at all..

Missed opportunities elsewhere we just have to take on the chin.., it happens, and is part of investing..

Copper $2.64 and rising again.. :o)

[shortarm] 15/3/2017 14:04

Don't do it Erric - it'll come good.

[erric] 15/3/2017 13:54

sadly, I have to agree with most of those sentiments BUT I do believe we will have at least a little movement towards the £2 mark sometime this year and at that stage I may be strong-willed enough to take the £150k hit from paper-loss into tax-losses to set against my future investing success - ....

[reba] 15/3/2017 13:38

Acamas
I am sure there are a lot of investors like myself have no confidence in the company whether it is going to make money or not.
Through the last 8/9 years the investors have been let down so many times that you get to the stage you don't trust or believe them any more.
Even now the last people they think of is the pi's, instead of clearing any debts they use any initial profits in another investment.
75 percent of the company is held by the big four shareholders, and after all the presentations and promotions no other major company is interested.
It's always the same story, wait until the financial quarter comes round which shows us making a profit, or when the Astor court case is over we will surge ahead. What happens the share price drops like a stone.
Now there is no chance of a dividend because Astor have tied that up, they need paying in full before any sign of a dividend is paid.
So who in their right mind is going to tie up any amount of money, for I don't know how many years, before they get a return for their investment.
This is why the share price is not moving.
Piddling little numbers trading for piddling little profits
No interest due to the above circumstances
Nobody believes in the company anymore otherwise the share price would be probably be double to what it is now.
The big three are already making money on today's sales, so why should they worry.
The whole situation stinks as far as the long term investors are concernd. Those people who initially put their money into the business have been well and truly shafted.