Altyngold Share Discussion Threads

[novicetrade68] 17/11/2020 11:33

Terrible to see yet another trading day with this awful spread (1.41-1.84), hopefully the long awaited Q3 update soon...

[nevgroom] 17/11/2020 09:16

bear with me - Not had enough coffee yet!!

[excellance] 17/11/2020 09:13

0.001 GBP x 100 = 0.10 GBP

So the new nominal value will be 10p?

[nevgroom] 17/11/2020 09:01

Just reading through the consolidation and name change announcement from 20th October.

I think this is an expensive miss-print ;-)

"The terms of the consolidation are that for every existing share of GBP0.001, a new ordinary share of GBP0.10 will be issued"

[cyberbub] 16/11/2020 18:27

Strong support at $1867 for the multipleth time in the last few months... Hopefully encouraging?

[excellance] 16/11/2020 13:15

We were broke before covid and the virus has maybe brought the eventual collapse forward a bit, but if you are bankrupt by 3 trillion or 4 trillion the outcome is the same.

[excellance] 16/11/2020 13:12

These vaccines don't change the fact that the system is bankrupt, tho of course they are very hopeful.

It also doesn't change the strides ALTN have taken.

[king suarez] 16/11/2020 12:52

Only $15 down right now - far less than the whackdown on Pfizer news..

[onedayrodders] 16/11/2020 12:46

Like I said after the Pfizer announcement .. we will get a queue of these lining up and smackdown to gold..

Just out

Moderna Reveals COVID-19 Vaccine Nearly 95% Effective In Latest "Breakthrough" Results

[onedayrodders] 16/11/2020 12:44

paper smack on gold again

sighhh

[excellance] 16/11/2020 12:12

The only blip in the last year was failing to warn us of mill downtime, yet we still maintained production.

I don't think we can describe that as incompetent.

Let's see what Thursday brings us.

[roguetreader] 16/11/2020 12:11

The company has not historically given Q3 production results, I don't see that changing this year. Would love to be proved wrong.

[stevea171] 16/11/2020 12:02

It seems to me, late reporting of Q3 production is now to be tied in to the EGM on Friday. So probably Thurs or Friday this week.
Why not report production earlier?
Why do other companies delay reporting or bring reporting forward?

Tells you all you need to know what to expect from these incompetants .....

[silverspoon2009] 16/11/2020 11:14

Disgusting performance by the market makers in this stock by not showing the true bid/offer.

Something has to give here soon enough, the news blackout period has to come to an end this week.

[excellance] 16/11/2020 11:01

With the fund raising of last year they now have many stakeholders, and with the coming Consolidation it seems they are intent on attracting more stakeholders in the coming year, so yes we will be getting Q3 numbers and further updates and progress reports, in my opinion.

[jc2706] 16/11/2020 10:54

OneDayRodders,

I think that you are applying logic and normal values there! This is ALTN remember.

[onedayrodders] 16/11/2020 10:50

I don't think they have a choice KS having re-started them this year.

[king suarez] 16/11/2020 08:55

Are we actually going to get a Q3 production update?

[excellance] 15/11/2020 18:20

Big week ahead, possibly several RNS's.

Not sure to what extent the mkt cap is influenced by current production numbers v growth and future production, but in my opinion £40m mkt cap is ridiculous.

I do think our share price is held back by poor sentiment of stale bulls who still think the management will fail to deliver, so I'm wondering what news would change that mindset and cause an "inflection point"?

If we get Q3 of 7,000 oz would that help?

Personally I'm more interested in how the finance raised is being spent, and if production cam keep up with debt repayments, and, the TS open pit development plan.

Big week ahead.

[excellance] 15/11/2020 12:35

Subsidiaries, trade names etc...

[jc2706] 15/11/2020 11:54

You don't actually need the name. I had a company that was registered as one name but the most successful part traded under a completely different name. Whilst I would not expect that to be the case here, there are ways and means around this. Pretty schoolboy stuff though.

[king suarez] 14/11/2020 21:24

"Very niiiiice.."

[glavey] 14/11/2020 20:35

Rumour has it the services of Borat have been engaged...

[stockknobjockeyvanbookstino] 14/11/2020 13:13

They will need to appeal it to show he's done it for monetary gain - don't think that will be done in time for next week. Easier to pay him £1k to go away....................or change it to Altyn Gold Resources Plc......but then I'm about to register that..... :-)