Altyngold Share Discussion Threads

[jc2706] 06/8/2020 15:51

POG's level of production means that they should be valued more highly. As I recall debt was an issue but in this gold climate, any producer with significant debt and a decent production profile should be considered a buying opportunity. But the real issue with POG is, as you indicate, the constant boardroom shenanigans.

[jc2706] 06/8/2020 15:34

I am in AAU as well and like the company. The deal it has done, whilst not fantastic, is decent and monetises an asset so that they have a 'war chest' for other assets plus Salinbas has good potential considering the area it is in. However, I confess that I wouldn't put it in the same category of potential as ALTN currently. That may change of course, depending on what KS does with the money and whether ALTN can deliver.

[linz22] 06/8/2020 15:25

Exactly! Not much chance of ALTN going sideways for long, and certainly not backwards in the next 12 months. That's why I'm also a fan of Ariana (AAU). Similar Market cap as here with increasing production, including enormous silver reserves (seemingly not factored into the share price) plus more, further potential. The only way is up, so to speak.

Meanwhile, another severely undervalued producer, for different reasons, would be POG. Different from these minnows in that its production is HUGE, but also has huge refining capacity via its, much coveted, POX facility. Boardroom shenanigans, coupled with its Russian juristiction, have served to supress the share price somewhat. But difficult to find a better valued, more mature, producer anywhere.

[bmnsa] 06/8/2020 14:59

Your buying AAZ at the top,where as ATLN has just started its new journey.

[highly geared] 06/8/2020 14:39

Linz22... and 5.3million oz of Reserves, 3 million + resources and license areas that probably have another 10 million. That’s where AAZ simply cannot compete + the fact our market cap reflects a low level producer that’s spending $27 million of non dilutive Capex to bring production up to levels commensurate with the assets.

I’m comfortable that this is the best risk reward small cap gold miner bar none.

[excellance] 06/8/2020 13:23

Gold taking off again!

[linz22] 06/8/2020 11:06

And, while ALTN might not be anywhere near to paying out a similarly handsome dividend as AAZ, for example, it does have its own particular piece de resistance in its fully listed status.

[linz22] 06/8/2020 10:59

AAZ is undoubtedly a quality concern. In fact, probably one of the best amongst the 'junior' miners, with an excellent proven management team, a market cap of 200 million, and paying a very useful dividend of around 4-5% anually.

But, it seems to me a company that has 'been there and done that' with much less scope for growth as other contemporaries, hence the prolonged sidewards movement. I was being slightly charitable in my previous post by saying the share price is the same as 12 months ago, where it is actually 10% down on last year. ALTN is up 6 fold in the same duration, and AAU 4 or 5 times.

By the way, I have no axe to grind with any PM producers currently. In fact, I've had a large holding myself in AAZ for quite a while. But, while a rising tide lifts all boats, and AAZ has systematically regained much of its previous value over the last month, I gradually divested from it into other PM peers who are closer to the beginning of their journey with much more growth potential, and a faster rising share price

In today's slow-motion train crash, which is the morribund global financial system, I would simply advocate investment in gold producers (or any other PM - particularly silver!), and particularly any that pay a dividend (like AAZ), where future growth is as good as guaranteed, and probably quite rapidly. There are others, of course, but at risk of going off topic I can't see much better right now than ALTN, or AAU.

Explorers offer the prospect of quite rapid growth, which is and has always been tempting for PIs with a penchant for a gamble but, unlike producers at present, there's no guarantee. And no guarantee they won't plummet even more rapidly (if due diligence is not undertaken before clicking the buy button..!).

Good luck to all PM investors - and do tell your friends and family before it's too late..

[king suarez] 06/8/2020 10:36

In which case we will all get one first and final large dividend!

[pjackson2] 06/8/2020 10:34

IMO this will never pay a divi.
It will be taken out by the big boys before that. Imo

[onedayrodders] 06/8/2020 10:31

Highly Geared
5 Aug '20 - 23:51 - 3585 of 3601

Yeah ... but give me one good reason why I should invest in PM's

;o)

[excellance] 06/8/2020 10:25

don't they get 2 x 5 year extensions at their own choice?

[highly geared] 06/8/2020 10:12

E. The PSC and tax regime weighs heavily on AAZ in terms of valuation + they struggle to get a 10-15 year life of mine. Great business for the present.

[excellance] 06/8/2020 10:05

AAZ are in consolidation mode, allowing the long term punters to get impatient and slowly sell and take profit, and the shares will be being accumulated by bigger boys with deeper pockets, more patience, and possibly a plan!

Different story here, we are still ramping up, yet to get anywhere near declaring a dividend, so this is a growth only company, and it is growing beautifully, yet when this eventually gets to maybe 8p the board will likely consider paying a dividend, and when/if that happend the share price will rocket!

[linz22] 06/8/2020 09:54

AAZ is already a well proven outfit, which also pays a hansome dividend, and great if you don't mind going sideways for months on end.
ATLN and AAU don't and won't be doing that...

[excellance] 06/8/2020 09:46

yes, but AAZ hasn't broken out yet, so although it has had a good run it hasnt found new highs yet, just matched previous highs, so i think it really should break higher even if the sector as a whole takes a breather.

[c0lin1] 06/8/2020 08:59

Yes JC the GDX & GDXJ actually finished down on the day yesterday. PM shares just taking a breather that all. Be Right, Sit Tight.

JC2706
6 Aug '20 - 08:24 - 3594 of 3595
0   0  0



AAZ has had a good run lately so it is hardly surprising if it has a decent rest. In fact the whole sector looks like it should be taking a breather. It’s just that gold/silver keep on driving higher!

[zooman] 06/8/2020 08:49

I think with with Scallywag? drilling about to start provided the ibtial results are good that could well clinch it unless someone else tries to buy GGP. Its interesting that the directors have been taking their options. It seems if GGP is sold any un-vested options will happen however if they only sell one asset they wont. I don't see GGP being bought out as they have other land sites to explore but if Hav is sold then a special dividend payment could be made. I think the real question is how much do NCM think its worth? The resource statement should clarify that not forgetting gold is forecast to go to 3000, Interesting times methinks.Zoo

[jc2706] 06/8/2020 08:24

AAZ has had a good run lately so it is hardly surprising if it has a decent rest. In fact the whole sector looks like it should be taking a breather. It’s just that gold/silver keep on driving higher!

[jc2706] 06/8/2020 08:22

Zooman,

I don’t disagree and I think that a deal will be done. I am just struggling to see how it will be done at anything close to the current market capitalisation.

[brasso3] 06/8/2020 08:20

I wish ALTN had AAZs management team.

[excellance] 06/8/2020 08:15

AAZ having a poor start. I honestly believe ALTN is a way better pound for pound investment.

I do hold AAZ...from yesterday...but I wish I'd waited a few hours.

[zooman] 06/8/2020 08:09

E, NCM have invested to much and why would they want to pull out?Zoo

[zooman] 06/8/2020 08:07

True but the drilling results have provided the information already the resource statement will be based on that. Hence where they are at the moment and I have to say I'm very happy with my GGP holdings up over 800 percent since last November?. My hope is that we shall see good things here as well with gold today at 2050 and still heading north.Zoo

[excellance] 06/8/2020 07:59

AAZ news this morning, a large and obtuse document, should be interesting to see what happens.