Altyngold Share Discussion Threads

[roguetreader] 08/10/2019 09:23

Excellent update and almost issued within the targeted timescales stated previous. Hopefully, this is a sign of a sea change in management approach that sees future timely updates to shareholders and the market, as IMO the share price will re-rate in line with market confidence in the company. It would be nice to see the CPR in full, maybe it will be published at some point on the website? Looking forward to see what the Teren-Sai CPR brings, as there is a lot less technical and market info available about it.
RT

[mikro1] 08/10/2019 09:01

This is real turnaround story in action. One positive RNS after another. Fantastic!

[mikro1] 08/10/2019 09:01

This is real turnaround story in action. One positive RNS after another. Fantastic!

[haveapunt1] 08/10/2019 08:57

And there you go, 750k and 500k sell. Just need to clear them out this morning

[jc2706] 08/10/2019 08:56

Market makers only have to be confident of supplying stock not of having it at the time. As such, they can supply the market in anticipation of being able to satisfy those sales retrospectively. They are the experts of managing supply and demand. I suspect that they see this as a temporary phenomenon and those buying will likely be selling shortly when their short term ambitions are not satisfied. This is always the way with traders on AIM as they trade their way to penury.

In order for these rises to be sustainable ALTN will need to provide a steady stream of news but, most importantly, convince the investing world that its production plans are being realised.

[littlepuppi7] 08/10/2019 08:55

It did 50 million the other day.. wait till the million plus buys kick in.

[haveapunt1] 08/10/2019 08:52

Stock must be coming from somewhere as it�s buy after buy and bid not rising nor is ask

[littlepuppi7] 08/10/2019 08:49

Can't be a huge sell as maximum buy size is a million... a few chunky purchases and it's over 1p imo.

[red army] 08/10/2019 08:46

Needs to CLOSE above .75p

[haveapunt1] 08/10/2019 08:42

They are going to have to let this go soon. Those trades at 0.745 are all buys
Today has been all buys pretty much so after so seems we may have a worked sell in the background
Once clear should move higher

[tightfist] 08/10/2019 08:39

Buying at 0.745p

[excellance] 08/10/2019 08:36

The cpr is just bait on the hook, and I expect a few majors may have a quick nibble at this now.

[excellance] 08/10/2019 08:32

This report is bankable, and verified by EY, and it has been produced to highest standard...but for what reason?

This is just a stepping stone. Once the corporate people get involved the sky is the limit.

[littlepuppi7] 08/10/2019 08:29

Agree. From here I just think it's a question of how many times this bags..

[tightfist] 08/10/2019 08:23

Thanks! Timing is all-important; I was in Hambledon, Goldbridges, Altyn just a few years too early...... Will soon be forgotten.....

[123nigel] 08/10/2019 08:23

This will fall back by end of the day, profits will go back to Vast!

[littlepuppi7] 08/10/2019 08:19

One million-online buy limit.

[excellance] 08/10/2019 08:16

Looking tasty.

About time too.

[jc2706] 08/10/2019 08:15

Just to add to the discussion around the increase in resources, the majority of this is due to the inclusion of material that is economic as a result of the increase in the gold price. If this was the only factor then I would shrug my shoulders somewhat but it isn't. They have clearly increased the confidence of the resource base as well through drilling which materially increases the value of these resources.

[jc2706] 08/10/2019 08:13

stevea171,

Just to correct something, as the RNS states:

"Mineral Resources are reported inclusive of Ore Reserves"

This is common practice. I confess that it opens up misunderstanding the way these things are reported but if you are considering the entirety of the resource, it is best just to view the resource statement (I don't tend to include exploration targets which have become far more common these days).

[littlepuppi7] 08/10/2019 08:09

Tight first I should say thanks to you for initially putting me into this gem.

[littlepuppi7] 08/10/2019 08:08

Agree they used very conservative gold numbers. For price.

[tightfist] 08/10/2019 08:08

Yes, same message! In Auction....