Altyngold Share Discussion Threads

[excellance] 25/2/2020 09:02

85 according to Google.

[nevgroom] 25/2/2020 09:02

Certainly looking strong. I took another 1m first thing at .82, yet to show....

[gregpeck7] 25/2/2020 08:35

Buys pushing the offer limit. Looks like it's up again today all being well. Will it crack that 1p at last?

[excellance] 24/2/2020 21:16

i think we all wish and hope for the best in situations like this, and that our opinions and research are justified and confirmed by actual stats as they are released.

[onedayrodders] 24/2/2020 19:43

I guess with this bull run in gold, and the interest building here without any news.
They may as well take their time on news (to a degree !) and we might well climb to 2p before they update the market with hopefully great news.

wishful thinking I guess

[gregpeck7] 24/2/2020 19:18

Let's be honest none of us know but the way gold is re rating and the amount of gold they have on the ground based on the latest e and y cpr's this is the most undervalued gold miner on lse. The herd will arrive eventally. Give this one day of 100m plus volume and it will do a 50 percent plus rise imo.

[highly geared] 24/2/2020 19:03

Anyone in now and selling below 5p is short sighted in my view.

Setting aside the debate around news and the managements ability to develop the assets, the assets as defined by the CPR’s represent the bargain of the century based on the current and predicted gold market over the next 5 years.

[excellance] 24/2/2020 18:33

Probably, unless news blows the bloody doors off.

[red army] 24/2/2020 18:29

.9p ish then pullback before going to 1.2p

[jc2706] 24/2/2020 18:19

A breakout is more than just a day. I would like to see a weekly close. Possible back test to come but the technical situation is looking good. Fundamentals are undoubted.

[excellance] 24/2/2020 17:12

Well, we've had a good day when everywhere else was crashing, and the chart suggests a breakout, so I'm happy, but this party hasn't even started yet, regardless of coronavirus.

[gregpeck7] 24/2/2020 16:42

The way to make money in shares is buy where you know more than everyone else. Here is a classic example.

[excellance] 24/2/2020 16:38

Could sell at near 74 and buy at 82 near close.

With markets crashing all around I can't grumble about ths performance here today.

More tomorrow and for several weeks or months is my expectation.

I'm certainly not selling.

[cyberbub] 24/2/2020 16:35

Yes I was just about to post that it's another false close, should be 0.75 bid.

[cl2201] 24/2/2020 16:33

If I'm not mistaken, the mid-point should be 0.7775 (to be precise) based on the bid/offer.

[excellance] 24/2/2020 16:16

Google says 82 and if correct by close then this is officially a break out is it not?

[excellance] 24/2/2020 16:13

I think Joe public won't read any CPR's, they won't understand them, they just like spectacular rns's.

[gregpeck7] 24/2/2020 16:01

But they are just doing what they always do. The value can be seen if you look I think would be their view. They are not going to stoke things up. Read the cpr's if you need an idea of the potential.

[excellance] 24/2/2020 15:55

If the company wanted to capitalise on this perfect situation they would surely release news this week?

[excellance] 24/2/2020 15:49

There have been several significant events for ALTN over the last year.

The loans and bonds fund raising

The two CPR's

The purchase of trucks

DB rationalising their funds and dumping ALTN shares

The rising gold price

Now all we need is confirmation that the company are finally delivering on their promises.

[bmnsa] 24/2/2020 15:40

Doubled my holding today
Sold a few TXP that were well in profit
Gold will outshine Oil for the next few weeks IMO

[sclper] 24/2/2020 15:36

Agree, this isn't a one day event. Hold tight and the big gains will come

[chrisdgb] 24/2/2020 15:35

Well, this could finally be the time to push through the 1p level.......