Altyngold Share Discussion Threads

[excellance] 21/12/2020 05:47

Gold is flying, in both dollars and gbp, as tier levels rise and no deal brexit becomes a reality.

I wonder who Biden will invade first when he gets his arthritic fingers on that big red button?

Perfect storm for gold.

If only altyngold could mine some profitably.

[jc2706] 19/12/2020 09:36

"annus horribilis"? I assume that you haven't got anything against a brand of computers!

I think that for the next few months/years gold will ensure that it is far from "ceteris paribus"!

[onedayrodders] 19/12/2020 09:22

Shhhh .. dont let the MM's know that

[excellance] 18/12/2020 16:42

Asus horriblus for altyn ceteris paribus, or at least the last six months. First half was good, and in fact overall were still 50% up on the year.

[excellance] 18/12/2020 12:29

All quiet here.

Gold testing those highs...

We just need a little light and we can join the party.

altyngold may prove to be a star performer of 2021 thanks to its dismal 2020.

[onedayrodders] 18/12/2020 10:26

So many stocks on AIM surging at the moment ... it's almost like pin the tail on the donkey currently so difficult to criticise sellers moving on.Personally gonna hold

[jc2706] 17/12/2020 17:38

All in the plan. Just need the cash and competence to execute it before we are all dead and buried (and the gold bull market long over).

[excellance] 17/12/2020 15:28

Yes it is.

TS may play a significant future role.

With seki deep mine and TS open pit operating in tandem we'll need to dramatically increase capacity of the processing plant to cope.

Exciting times ahead.

[jc2706] 17/12/2020 15:19

Personally I think that the two assets will ultimately be closer to 20m oz than 6m but you can only go by current information. 6m is quite enough for now. The fact that the two assets are so close is another positive.

[excellance] 17/12/2020 14:04

I think there's a lot more gold than 6m oz, and TS has only just scratched the surface. There is however a lot of work to do, but it is getting done.

The $7m loan is a real confidence booster, but I'd hate to think what may have happened if they'd said no.

[nevgroom] 17/12/2020 13:56

PoG on another roll

[onedayrodders] 17/12/2020 09:07

Yes 2021 .. stand or deliver

[mrmcnee] 17/12/2020 08:56

It was always expected that improved production would not be demonstrated until 2021, all projects have been hampered by COVID, the company has maintained production levels but the real litmus test will come via Q1 and Q2 updates.

It is worth noting that no bank will throw their money at projects without intense due diligence, the recent loan secured by this company should give significant reassurance, the company has also bought new yellow equipment (trucks/dozers) plant, improvements to tailing dam, etc . These items/work does not come cheap.

ALTN has a 6m oz gold resource, as pointed out, on industry valuation metrics worth £150m in the ground, current market value is only one fifth of that.

[onedayrodders] 17/12/2020 08:45

Yes but out boat will have a few slow leaks until sentiment about the company is changed

[mrmcnee] 17/12/2020 08:42

ALL gold producers share prices have been weak since the gold price dropped through 2000oz and then $1900oz - it does look like that gold is going to rebound and regain those heights.

All boats will rise if so, ALTN included, good investors buy when no-one is watching and sell when everyone is buying.

I have been adding.

[onedayrodders] 17/12/2020 08:31

On their own merits and not on buy out hopes

[onedayrodders] 17/12/2020 08:31

IMHO we will need a very positive RNS to get back on the Gold party.Rightly or wrongly, I know I expected the progress to be much better than last few production reports, plus I thought they had turned a corner on transparency and timing, but RNS's still late and poorly written.Something left field could turn up anytime in a stock like this with Huge resource. But I'd rather they weee driving the share price up

[observer007] 17/12/2020 07:49

Gold is rising again, it is now $55 higher from the point ALTN share price fell from £1.60p

The fall does look seriously overdone, I would expect the shares to continue to recover therefore.

[excellance] 16/12/2020 14:59

it will, it did last time, the gold isnt going anywhere yet.

[onedayrodders] 16/12/2020 08:39

You and me both excellence ... if the JV happens and the drill bit hits the yellow stuff it's happy days

[onedayrodders] 16/12/2020 08:36

On the USD ... I meant

[onedayrodders] 16/12/2020 08:33

USD Index appears to be well on its way to an 80's handle.Lots of talk of a bounce back to mid 90's once 88 is hit and then a few years around there which will be a nuisance IF it happens.I'm hoping it just plunges through and never looks back.This guy has a very good record... check out the most recent video on thevUSFhttps://igoldadvisor.com/category/videos/

[ekuuleus] 16/12/2020 05:05

Ha ha ha. Premium bonds. Once bought 20k (or was it 15k. Think it was just after limit raised) about 20 years ago. Nominal interest rate was I think 4.5% for prize fund. 9 months no prizes. Supposed to average a prize per month even if 25 or 50 quid.