Altyngold Share Discussion Threads

[excellance] 09/11/2020 11:14

Q1 was 7am on Monday 11 May.

Q2 was 11am on 11 August, but there were two rns's released earlier in the same day.

Maybe we'll have to wait til next Monday?

[highly geared] 09/11/2020 11:05

Still think judgement time will be H1 2021 when they should see the full positive impact of 2020 Capex and mine work. Happy to hold for the long term based on assets alone..

[onedayrodders] 09/11/2020 10:38

A positive or "beat" message along with this move up in Gold would be just what the doctor ordered Must admit to feeling a bit nervous at this juncture

[nevgroom] 09/11/2020 10:19

Q2 update came mid-morning - Fingers crossed!

[excellance] 09/11/2020 10:05

No news, but can't be long...

[goldenshread] 06/11/2020 08:39

This is very much under the radar but therein lies the opportunity, a gold producer that has not rallied with the market, well so far at least !

[highly geared] 05/11/2020 19:56

Gold up nearly $50...

[cyberbub] 05/11/2020 18:25

Yes it's odd how politicians push QE as a solution to economic shocks. Almost as if they know it will only benefit the asset-owning classes who pay them...

[cool hand kev] 05/11/2020 16:46

when a billionaire gets another billion, they don't rush to the shops in excitement.

LoL No they catch the Bus :-)

[excellance] 05/11/2020 16:35

A billionaire buys land, art, and natural resources or businesses.

[jc2706] 05/11/2020 16:29

This is true. QE for the last ten or so years has just resulted in asset price inflation and the richer members of society getting richer (remembering that most people don't participate in the stock market). A lot of this money has never trickled down to the real economy. Strangely enough, when a billionaire gets another billion, they don't rush to the shops in excitement.

[excellance] 05/11/2020 16:13

Pumping money into bonds and equities inflates asset values, but doesn't necessarily get to the people on the bottom rung of the ladder, or translate into construction of viable businesses and work places. It may improve supply of money, but what about demand, is there any demand for more liquidity or credit?

[highly geared] 05/11/2020 15:34

Congress will agree a $2-3 trillion stimulus package once Biden is in post ( after all the legal shenanigans are done - Trump the narcissist with a 5 years olds emotional capacity, cannot handle defeat).

Most of the package will need to be monetised by the FED buying the treasuries issued , this ballooning their balance sheet beyond $10 trillion.

Meanwhile asset purchases continue through the FED and ECB and BOE now doing £150 billion QE stimulus. The money supply is going exponential which pushes up gold in anticipation of inflation when velocity picks up. Equally the gold price is correlated to MO money supply which is now being expanded at an ever increasing rate. With negative real interest rates as far as the eye can see, the conditions for gold are probably the best in history....

[nevgroom] 05/11/2020 15:22

PoG has gone nuts!

[jc2706] 05/11/2020 11:48

I believe that the Democrats were calling for more than Trump and much more than the Senate. If anyone was to blame for the stimulus bill not being passed it was Mitch McConnell. They were too busy voting in a new Supreme Court judge.

[excellance] 05/11/2020 11:38

the only reason the money tree stopped producing juicy fruit is because the dirty dems blocked Trump from using it to screw him over, and that must have hurt millions of americans, but bumbling Biden is in power he can unleash the same QE that he stopped Trump from deploying, but much bigger due to the delay.

[silverspoon2009] 05/11/2020 11:23

Gold up again, now $1920, ALTN is looking good value.

[cool hand kev] 05/11/2020 09:01

I see that the UK Government are going to print another £150 Billion and I expect the Americans to do likewise which is a +ve for PGM

[stockknobjockeyvanbookstino] 05/11/2020 07:21

I'll call 8,000 oz +. They have 50,000 tonnes of ore left over to process from the last Q.

[onedayrodders] 05/11/2020 05:59

Hope this is not all misplaced enthusiasm Would change the narrative here if they exceeded expectations ODR

[nevgroom] 04/11/2020 17:29

Which could put us on track for $30m revenue for the full year!

[nevgroom] 04/11/2020 17:25

Poured?

If so, I'll go 6400

[excellance] 04/11/2020 17:16

News is only days away...

What are we hoping for or expecting?

I'm hoping for 6500oz, could be as high as 7500, but realistically we'll probably get 6000 in view of all the disruption on site with development work, maintenance, and new equipment.

Exciting stuff.

[cyberbub] 04/11/2020 09:22

I was wondering whether the upcoming consolidation could actually have an ulterior motive, namely a US secondary listing?