Altyngold Share Discussion Threads

[excellance] 06/10/2020 09:24

The advfn chart looks better today, but not sure if it reflects reality or not.

[excellance] 05/10/2020 15:39

Gold moving up now

[excellance] 04/10/2020 10:49

4 weeks to Q3 numbers which should build nicely on previous good work and show a significant improvement setting us up for a sensational Q4 production run

any guesses in advance?

[excellance] 02/10/2020 14:06

i am particularly interested in TS, and excited about mining commencing there in 2022, that is only 18 months away!

for this to happen we will see drilling data released, and we've done a lot of drilling to area 2, while area 3 looks like it may be bigger than expected and more drilling is required to fully define it.

exciting times ahead, but really not that far away!

[excellance] 02/10/2020 14:04

i have pasted extracts from the half year report in the header for ease, and a link to the full thing

[excellance] 02/10/2020 12:52

All the action is at EUA again today.

[tightfist] 02/10/2020 12:43

3 reported, all look like Buys at 1.90p

[excellance] 02/10/2020 10:44

Have there been any trades today yet?

[stonefold] 02/10/2020 09:30

JSC Freedom Finance have been working on and off to raise funding with Altyn for years. FF will have a very good understanding of the history, recent activity and growth potential of ALTN and the intentions of the board of directors.

FF did not have to put $1.5m of their own money into exercising share options, but they chose to.

FF will either have buyers lined up for some of the option shares, or they will be confident that they can sell them when needed at a profit or that they would be worth holding onto as a promising long term investment.

If Altyn can stick to their plans (which they have recently been doing) then this will remain an attractive growth investment for an increasing number of shareholders in the years to come.

---

These type of fully automated data crunching and tip sites may nudge investors to do some research then invest in Altyn in the coming days.



The figures look conservative to me.

[excellance] 01/10/2020 23:59

"Paying attention to the value and movements in the PMI can yield profitable foresight into developing trends in the overall economy."

[red army] 01/10/2020 22:31

We are at a testing point for Gold and US dollar and they could go either way in the next couple of days. It may well be a continuation of a gold correction but long term still looks bullish in the longer term.

[jc2706] 01/10/2020 21:49

Really? I'm shocked!

[excellance] 01/10/2020 19:05

The PMI feeds through to inflation

[jc2706] 01/10/2020 16:46

I can't see inflation figures but PMI data came out today which may influence things. I doubt whether that would be sufficient to effect a longer term increase and I still think that the gold price has another leg down coming.

[excellance] 01/10/2020 16:31

apparently US inflation numbers are a little higher than expected, and gold is responding very positively as a result.

[excellance] 01/10/2020 13:28

gold is flying today!

[excellance] 01/10/2020 13:08

i dont think anyone got anywhere near 1.4p

i managed 1.59p

[brasso3] 01/10/2020 13:06

Nice report yesterday. I completely missed it! Wish I had of topped up now at 1.4p.

[excellance] 01/10/2020 12:52

meanwhile gold is testing 1900 dollars on the up side again.

8)

[excellance] 01/10/2020 12:49

a lot of finance companies are not considered "strong hands" and they often seek warrants attached to options then simply dump the option shares at cost plus 5% onto the msrket over a week or two, and they still have the warrants to exercise, and they make a decision on them when the time comes. companies like shard for example arent known for holding stock.

in our case, the options were an incentive, the price was probably calculated using volume weighted average over say ten days, but there may be a clause restricting the sale of the shares until say 12 months has passed, and of course no warrants were attached.

i think those shares are now largely already factored into the current sp, and that means the company can happily release good news in the knowledge that FF isnt going to merely dump into any rise.

"inflection point"

[king suarez] 01/10/2020 12:49

If FF can recycle the profits by doing a similar option exercise at another company(ies) then why would they not sell at any price above 0.75p for a quick buck? It's 100% risk free profits for them..

There is a difference between institutions that buy in for long-term based on prospects and the type of finance houses that are used to raise money (and get their cheap incentives for doing so).

[novicetrade68] 01/10/2020 12:48

I was under the impression these 150m shares are a bit of a wonga-fee for FF following the $10m bond raise, if they're going to hold longer term I think they should clarify this to the market, clears the air of suspicion ;-)

[nevgroom] 01/10/2020 12:38

Unless FF are strapped for cash, I can't see them selling anytime soon. Let's face it, they are just as capable as seeing the medium to long-term benefits of holding as are we.