Altyngold Share Discussion Threads

[excellance] 03/2/2021 20:54

A while back the CEO stated we are at inflection point, but I think we was premature unless he meant we were at a point where FF could manage the share price down to a quid.

I think we are at inflection point now, with the upgrades done, bounty shares offloaded, revenues looking tasty, TS assays on their way and with them news of the TS open pit plan, new director, consolidation complete...all we need now is news of corporate action to take us through phase two.

Lots of talk about valuations multiples of the current, and we are rising solidly now, but to get to ten quid per share we first need to see a path to phase two including finance.

Very exciting times ahead.

[cool hand kev] 03/2/2021 20:06

Well that’s ATLN snookered because theirs is in £1 and peas 😢

[stockknobjockeyvanbookstino] 03/2/2021 19:26

Are there not limits on the share price on listing on the NYSE and NASDAQ etc - I think you have to have a minimum share price of $4 or $5 ??

[excellance] 03/2/2021 13:17

Why do I keep thinking that our future lies in the hands of Wall Street?

Am I overstating the importance of our new colleague?

[excellance] 03/2/2021 10:59

Unfortunately share puppets don't have any credibility.

The rns is enough for me.

[grimreaper2019] 03/2/2021 08:36

ALTN has just been recommended in a tip sheet

AltynGold – “pleased to announce” Q4 production update and we can understand why, shares still cheap

Kazakhstan gold miner AltynGold (ALTN) is “pleased to announce” a fourth quarter 2020 production update – and the shares have currently responded a pleasing circa 30% higher. So what’s behind the re-rate?…

[onedayrodders] 03/2/2021 08:03

Just hope I'm alive to see it !

[c0lin1] 03/2/2021 07:59

they will at $100 an ounce.

[excellance] 02/2/2021 23:28

It was used in everyday currency for thousands of years, but not for the last 50 years.

Photography and mirrors was also a big user, but digital photography put an end to that.

Look at all the silver cutlery your granny had, but stainless steel put that one into history.

Fantastic silver plates, tea sets, tableware, all in the past, because of stainless steel, and because people no longer have time to polish silver.

Meanwhile, silver still got produced as a by product of copper or gold mining, and yes recently it is used in solar panels, touch screens and LED's.

We are finding more uses, and as a result prices will rise.

[jc2706] 02/2/2021 22:43

Strange. Silver is used widely as an industrial metal, most obviously in solar panels.

[excellance] 02/2/2021 21:42

It's already happening, as a consequence of money printing and stimulus.

It's been cheap for years, shorted into submission by the big banks, yet even at silly low prices our industrialists until recently haven't really found new uses for it except pushing collectable bullion coins.

I've bought loads of silver bullion, and antiques too this last year, cos they are cheap, beautiful, and useful.

[linz22] 02/2/2021 21:18

Yes, I'd like to see a short-squeeze, or at least the silver price driven higher.

What is the way to do it, then..?

[jc2706] 02/2/2021 16:45

If you want to squeeze silver higher, buying SLV is not the way to do it and JPM isn't going to be bothered anyway as they no longer hold a large short position.

[excellance] 02/2/2021 14:48

Gold and silver just going back to where they were prior to the reddit silliness.

Even a thousand numpties on reddit couldn't overturn gold/silver manipulation by central banks and institutions that own them, and they've likely made a fortune this week.

[highly geared] 02/2/2021 14:29

Steady c.$1000/oz operating profit isn’t to be sniffed at. 30,000 annualised should throw out £20 million EBiT.

[cyberbub] 02/2/2021 14:21

Now we just need the POG to play ball... Which it's not exactly at the moment sigh...

[stonefold] 02/2/2021 12:47

I don't know anything about Kalkine, but they kindly included AltynGold ALTN in their top five gold picks for 2021.



They mention AltynGold's good production increase from the Q3 period, so they must have made their video just before the even better production figures for the Q4 period were released on 1st February.



This should help spread the word to more serious investors of this gold miner as it proceeds along its production and exploration expansion paths.

[cool hand kev] 02/2/2021 12:32

Nice which bodes well for further rises

[tightfist] 02/2/2021 12:30

Yellow Strip spread of 1.9%!

[harrisun] 02/2/2021 12:29

It might take time to get back to £3, but personally I think even at £2 it would currently represent vgood value and depending on next RNS goes from there.

[grimreaper2019] 02/2/2021 12:28

Looks like this is heading back to the £2.50p - £3 region, recent update was fantastic and took the market by surprise.

[highly geared] 02/2/2021 11:59

Oops , yes , apologies!

[goldrush] 02/2/2021 11:56

HG and KS

£9.26 will indeed be satisfactory 😀😀....

What I also like is the volume starting to go through....

Yesterday 325,000....If today is 200,000......then clearly any overhang will soon not be around the market .....then true price discovery can prevail and with a wee bit of good news should set us off on the above targets....