Altyngold Share Discussion Threads

[nevgroom] 13/11/2020 14:08

PoG making a serious assault on $1900 again

[stockknobjockeyvanbookstino] 13/11/2020 12:39

Can sell up to 999,000 fixed at 1.49 at the mo.

[excellance] 13/11/2020 12:17

Clearly a large sell order in. Any buying is sold into immediately.

[excellance] 13/11/2020 11:43

Could be the 154m bounty shares being reallocated or dispersed.

[excellance] 13/11/2020 11:42

I think maybe a major transfer of shares is taking place behind the scenes, and the spread is designed to maintain a certain level of stability.

Who knows for sure, but we are always the last to know.

[tightfist] 13/11/2020 11:39

Or are they filling a larger Buy order in the background?

[tightfist] 13/11/2020 11:35

They are just focussing on margin (spread) rather than volume! They are offering sales at 1.80p at present - are they gambling on positive news expectations soon?

[excellance] 13/11/2020 11:34

1.8p to buy!

1.4/1.8

[upthepool] 13/11/2020 11:13

This spread is just bonkers, almost as if the MMs don't want to do business.Why would that be?

[onedayrodders] 13/11/2020 08:52

And don't want to be disturbed

[the_sage1] 13/11/2020 08:40

Impossible to buy any meaningful size here, no quote available for just £4.5k of shares ??

[silverspoon2009] 13/11/2020 07:56

Some chunky buys towards the close yesterday, the shares look cheap.

Q3 production news next week potentially + General Meeting on Friday.

[joey wilson] 12/11/2020 21:05

X2 are mine. Hoping to have caught the price right. The spread has always been a nightmare with this share.JW

[excellance] 12/11/2020 18:26

there was actually 14 trades today!

[excellance] 12/11/2020 18:07

i can only assume that the news when it comes will be good, or perhaps this is mere speculation. My trade was the biggest on that list so who knows?

[excellance] 12/11/2020 18:05

11th on the leaders board!

[stevea171] 12/11/2020 18:04

1,750,000 in 5 trades bought after 16:11 this afternoon. Unusual buying volume these days!

12-Nov-20 16:23:56 1.7819 625,000 Buy* 1.47 1.795 11.14k O
12-Nov-20 16:11:32 1.71 500,000 Buy* 1.47 1.795 8,550 O
12-Nov-20 16:20:07 1.7559 125,000 Buy* 1.47 1.795 2,195 O
12-Nov-20 16:19:49 1.725 250,000 Buy* 1.455 1.725 4,313 UT
12-Nov-20 16:14:22 1.725 250,000 Buy* 1.455 1.725 4,313 O

[excellance] 12/11/2020 16:32

just bought 625,000 at 1.78 and i don't think its shown up anywhere

i think, or at least i hope, this will do very well very soon, and if it doesn't then it will do well next year. Obviously we are in development stage at the moment so i don't expect miracles, but the trend looks like its in the right direction in terms of production, and so all we need now is for the share price to reciprocate, and to do that we need to consistently get those numbers up.

Queue Q3 numbers, and fingers crossed!!

[excellance] 12/11/2020 16:28

that little tick up is encouraging, but no doubt the mm will slam dunk the share price after close as usual.

i've never known such a tightly controlled sp

[excellance] 12/11/2020 16:22

says 1.46p on my screen

[silverspoon2009] 12/11/2020 16:20

One 250,000 buy sends this straight into auction, so illiquid it's unreal.

This could add 50%+ in just one session if volume came in.

[excellance] 12/11/2020 16:08

Average grade came in line with our internal budgets at 1.5g/t. Significant capital and horizontal development are being currently undertaken at the mine. In addition, the new exploration drilling equipment that only arrived at the end of the second quarter should substantially reduce dilution and improve grades in 2H20 in line with our annual budget.