Altyngold Share Discussion Threads

[excellance] 20/8/2020 19:40

Does anyone know how to make payments into a pension fund and claim tax back from previous years?

[excellance] 20/8/2020 10:15

Should bounce strongly from here.

[onedayrodders] 20/8/2020 07:19

I see the FEDs comments or lack of about ongoing stimulus caused a correction in PM's.They have already said it will be unlimited but I guess with the S&P and NASDAQ at record highs (was there a Pandemic anyone ?) they have to take a little heat out of the market and know that by not mentioning it again, the markets will get jittery.It's so transparent that they need to keep it inflated but not overheated, and if the markets drop too much another FED comment about stimulus will appear and the whole Ponzi scheme starts rolling again.

[onedayrodders] 19/8/2020 13:10

Mr 882K sale just wiped out all of yesterdays progress.

[outlawinvestor] 19/8/2020 07:41

UK inflation rises to 1% in July as lockdown eases

UK consumer price inflation jumped to 1% in July from 0.6% in June as lockdown measures eased further.

The Office for National Statistics (ONS) said the figure was boosted by rising petrol and clothing prices.

"In addition, prices for private dental treatment, physiotherapy and haircuts have increased with the need for PPE contributing to costs," the ONS said.

The Bank of England said earlier this month that it expects inflation to drop again soon.

It could fall to -0.3% in August, the central bank said.

"Inflation has risen, in part, due to the largest monthly pump price increase in nearly a decade, as international oil prices rose from their lows earlier this year," said Jonathan Athow, deputy national statistician for economic statistics at the ONS.

[excellance] 18/8/2020 17:06

the gold price was a bit wobbly today as soon as wall st opened, but at least is broadly rebounding and i think will find new highs in due course.

small but positive step for ALTN today, and i think Altyn will also find new recent highs soon.

[highly geared] 18/8/2020 13:53

Simply reflecting the gold price which is again above $2000.

The FED FOMC meeting in September will be very interesting. If they formally confirm;
- yield curve control
- withdrawal of the 2% inflation objective ( let inflation rise)

...real interest rates will go record negative. Add in a collapse of the US$ index and gold and silver will moon shot. All miners that effectively provide leverage to the gold price will react strongly as it will be the signal for sustainable elevated gold prices.

[cool hand kev] 18/8/2020 13:15

This is a bit better :-)

[excellance] 18/8/2020 11:03

Every day we produce about 75 ounces of 24 carat gold and the pog is still rising.

[excellance] 18/8/2020 09:16

2.61 paid

We are on the up

[onedayrodders] 18/8/2020 08:09

Nice spread again (not) ... have the mm's gone for 9 holes somewhere FFS

[nevgroom] 18/8/2020 07:13

PoG having a very serious flirt with the $2k level again - I get the impression it's something of a dam about to burst....

[onedayrodders] 17/8/2020 19:58

I'm not knocking it ... just could do with a few more :0)

[the dark horse] 17/8/2020 19:18

lol ODR - if only a small purchase could always make that difference - think i was just lucky. I will however be looking to add if it has another weak day. We retraced just over the 38.2% of the last move up from .422 to 3.14 which i find tends to be a good entry point. I double up if it reaches the 50% retrace which with ALTN would be 1.8. Doubt it will get there as strong movers tend to only reach the .382 but we'll see. A move back above 2.8 would also persuade me not to wait further.GLA

[zooman] 17/8/2020 18:50

Gold currently 1,983.83+39.24+2.02%Zoo

[sloppyg] 17/8/2020 17:05

This was back in Dec-19. Shows the interest in Kazakh gold miners.

Interestingly some of the Assaubayevs were previously on the BoD at MMC Kazakaltyn JSC. Not sure if they still have any interest in these entities as previously fingers in a lot of pies.....



A group of companies in the gold-mining sector of Kazakhstan (AK Altynalmas JSC, MMC KAZAKHALTYN JSC, Kazakhaltyn Technology LLC, Aksu Technology LLC) raised an overall loan from VTB Bank in the amount of up to 470 million Euros.

Within the framework of business development initiatives through the construction of new enterprises and the expansion of the asset base, a group of leading companies in the gold-mining sector received a consolidated loan from VTB Bank structures. The funds received shall be used by AK Altynalmas JSC to purchase a controlling block of shares in MMC KAZAKHALTYN JSC, implementation of the Aksu Project with a capacity of 5 million tons of ore per year, and the optimization the debt portfolio of the Company.

[onedayrodders] 17/8/2020 16:23

Many thanks Dark Horse... when's your next 100k purchase ;0)

[the dark horse] 17/8/2020 15:29

Been watching these for a while but put off by the 20% spread, dipped my toe in this afternoon as it narrowed to a mere 10%. Grabbed a 100k at 2.32 and moved the price - must be a tight market!

[highly geared] 17/8/2020 15:24

My gut feel is the market hasn’t yet got “ belief” in the gold price and miners. I think that will change shortly as gold forms a base above $1900 and establishes itself above $2000 in the coming months.

The $200 smack down from gold being overbought , has been 50% back filled in a matter of days, which points toward strong support at these levels.

[cool hand kev] 17/8/2020 15:22

Bounced off the bottom of the channel :-)

[excellance] 17/8/2020 14:44

gold is flying again!

[thebradski007] 17/8/2020 14:25

Chart looks excellent for a top up.

[excellance] 17/8/2020 13:44

welli haven't sold a single share, and have been adding along the way, looking for the long term rather than trading, because with the spread like this its daft to try and dodge in and out!

[onedayrodders] 17/8/2020 13:26

But hey .. let's give them a chance IMHO

[onedayrodders] 17/8/2020 13:25

Well I think the consensus here after the Qtr 1 RNS was that Qtr 3 will be the key news and in between, Q2 would hopefully be on track with no nasty surprises.I don't think the routine maintenance can be classed as a nasty surprise although it have the market a chance to shake out some hot money and a few lemmings followed.But yes, if next few production reports have not moved us on respectfully then I will also lean towards corporate action rather than wait and hope they really have got their act together.