Altyngold Share Discussion Threads

[excellance] 19/2/2020 15:34

I think the hydrogen economy is very exciting, but I'd rather go with the associated commodities than the technology companies themselves because there's no chance they'll make profits for several years as they gear up, and some will not make it.

For me palladium rhodium and platinum are ths key.

I like gold too because of structural sovereign debt problems, and brexit insurance too.

[onedayrodders] 19/2/2020 15:28

Currently an anything hydrogen bull bubble at the moment ... see ITX and CWR

[cl2201] 19/2/2020 15:28

@excellance - be careful. If you say that name 3 times they appear within hours. That's what folklore says anyway.

[jc2706] 19/2/2020 15:27

It seems to be occurring all over the place currently, not just PM shares although I would agree that PM miners are gaining popularity. As stated BOIL had a similar spike and it is not PM related.

[cl2201] 19/2/2020 15:26

The flow of capital here would be much welcomed. That said, I do appreciate a BB such as this one with sensible posters - unfortunately, that would be over far too quickly if and when the herd arrives.

[excellance] 19/2/2020 15:26

Where's littlepup when we need him?

[brasso3] 19/2/2020 15:23

cl2201

I have noticed that too. There are some crazy increases occurring on stocks that I would not touch with a barge pole. Did you see BOIL last week followed by a dirt cheap placing?

Having said that I would not mind some ramping here in the absence of an RNS!

[cl2201] 19/2/2020 15:22

JC2706 - my point is simply the flow of capital into the space being something we haven't seen the like of in a long while. Dubious Twitter folk they may be, but it appears no coincidence they are targeting gold companies.

[jc2706] 19/2/2020 15:14

cl2201,

I am not sure that I would quite read that into those rises yet. As I indicated, there are some dubious characters on Twitter pumping these shares. Admittedly the pumps seem to be falling on fertile ground at the moment! But I don't see that many of the companies mentioned can justify their market capitalisations and/or rises.

[cl2201] 19/2/2020 15:11

I know nothing of Tertiary - was simply mentioning the rise (300%+ in one day).

@excellance - funny you mention the party starting as with Tertiary yesterday, GWMO today and EUA/GGP in recent weeks there have been some incredible rises in the space. Irrespective of what those companies offer going forward it shows the appetite returning in a big way for small cap goldies.

[excellance] 19/2/2020 14:59

We are in late stage bull in some sectors, notably industrials, but not for gold mining. Here the party is only just starting.

[jc2706] 19/2/2020 14:52

I don't think it was that interesting at all and certainly didn't merit the rise yesterday. The fall today is hardly surprising. I think that there are a bunch of dubious individuals rotating money through the market dogs (look on Twitter for the usual suspects). I note that the 'uber dog' GWMO has risen as well on nothing. Probably indicative of the market we are in (late stage bull).

[kcowe] 19/2/2020 13:54

I grabbed a few million the past couple of days ..

[brasso3] 19/2/2020 13:47

A few buys going through at 0.66p to spoil my top up!

[bmnsa] 19/2/2020 12:05

Fully agree.2p can't be far away either:)

[brasso3] 19/2/2020 11:36

The chart is still excellent here and indicates that a big move is coming one way or the other. I think probability favors a strong upward move as we already know that there was a step change in production from the start of H2 2019. They would not have got the loan through without satisfying the lender that profits were in the right direction.

[bmnsa] 19/2/2020 11:33

Are they digging for Iron,Copper or Lead??

[tightfist] 19/2/2020 10:51

Or so we think - but it would be nice to have it confirmed!

[bmnsa] 19/2/2020 10:30

EVERYTHING :))

[onedayrodders] 19/2/2020 10:26

Yes but what's gold got to do with ALTN ?;o)

[brasso3] 19/2/2020 09:01

The move above $1600 seems more robust than the previous attempt.

[wrighty46] 19/2/2020 08:56

Well I'm surprised pog has held above$1600 so far. We've alot of ground to make up share price wise if we get any sort of positive news and a decent forward looking production plan. Definitely range bound on a very slight uptrend. The mind boggles if we have a hit anywhere near 40000tpm throughput with increasing grades. As a starter. GLA

[cl2201] 19/2/2020 05:20

A tertiary minerals style rise would do nicely for starters!

[cyberbub] 18/2/2020 23:05

Hence my post 581... I think the run rate in Q2 2020 will be the critical one for (hopefully) a major rerating... Not long to wait, 3 months maybe...GLA NAI