Altyngold Share Discussion Threads

[highly geared] 24/2/2020 08:05

Bought another 1million shares. The disconnect between the assets and the gold price won’t last forever. Will post thoughts in more detail later (off to work).

[excellance] 24/2/2020 08:04

But look at gold fly today!

[excellance] 24/2/2020 07:35

Ahh littlepup7

[brasso3] 24/2/2020 07:33

Greg

We could do with some of your notorious ADVFN ramping across other BBs!

[gregpeck7] 24/2/2020 07:23

Wake me up when we finally break 1p! This week maybe?

[excellance] 24/2/2020 01:19

Gold is currently at a new all time high as expressed in GBP

[cyberbub] 22/2/2020 08:48

The published spread is almost always false on this share. It closed showing the bid at 0.60 when all the later trades showed that it was actually around 0.66.

[excellance] 21/2/2020 18:31

Possibly. It's a muddy picture with that spread. All will be clear in due course.

[wrighty46] 21/2/2020 18:19

Although some of those trades printed today are delayed buys imo.

[wrighty46] 21/2/2020 18:18

Yup all in the mix. Onwards and upwards Monday. Market now happy to absorb sells. GLA

[excellance] 21/2/2020 18:03

Looks like 25m dumped today under 63 yet up we go.

[stevea171] 21/2/2020 16:20

James Turk – Gold Is Exploding Higher Because London Gold Pool II Is Very Close To Collapse. February 21, 2020

With the price of gold surging another $25 to $1,645, today James Turk told King World News that the price of gold is exploding higher because London Gold Pool II is very close to collapse.

Historic Gold Breakout
February 21. Eric King: “James, what a day to be doing this interview. Gold is flying, silver is getting ready, and I mean really getting ready to take off in a big way. Talk about this breakout because this is indeed historic what’s happening in the gold market right now, and of course silver will follow.”

James Turk: “Yeah, it really is. Historic is a good word for it, Eric. And If you look at gold in terms of all of the world’s currencies, excluding the dollar, we are at record highs — record highs against the euro, record highs against the British pound, record highs against the Swiss franc, record highs against all of them, except the US dollar. And we are going to be at record highs for gold vs the US dollar this year, probably in the near future.”

Eric King: “James, when you look at this breakout in gold, you just described it as historic, but how significant is this? It feels like a monster breakout.”

London Gold Pool II Is Close To Collapse
James Turk: “This feels like London Gold Pool II (collapsing) in 1968 when the central banks finally through in the towel and let the gold price run free. I think we are very, very close to a repeat of that moment some time this year and maybe in the not-too-distant future. The shortages of physical metal are showing up both for gold and for silver and that is starting to reflect itself in the price movements. We are at a historic moment, Eric, and I think years from now we are going to look back at 2020 and say, ‘That was the year when the metals really started moving back toward their fair value, which is significantly higher than current prices.”

[excellance] 21/2/2020 16:01

I just see these prices as silly. Should be 4 or 5 times higher.

[onedayrodders] 21/2/2020 15:41

Seems the gold move has at least stirred the nest here... can imagine a positive RNS in this environment

[excellance] 21/2/2020 15:41

74 ask now on lse

[kcowe] 21/2/2020 15:30

took some more today ...

[excellance] 21/2/2020 15:17

Google says 70 now.

[cyberbub] 21/2/2020 14:28

Wow a substantial sell and some decent buys

[cyberbub] 21/2/2020 11:36

I agree with the point made here that if the company can't manage to increase its production and make a success of the mine (I believe they will, but 'if' they can't) then with the size of the reserves and resources here, a bigger fish will step in and take us out. Surely any takeout price would have to be at least 5p as a starting point?NAI

[cyberbub] 21/2/2020 11:24

Sell price is 0.617 on Interactive Investor.

[excellance] 21/2/2020 11:02

do i really have to do a dummy trade to get an accurate price?

the charts above contradict each other, one says 66 the other 62, and google says 61,
and i know we've had this discussion before but for goodness sake how can it be so difficult in the technology age?