Altyngold Share Discussion Threads

[excellance] 22/2/2021 17:03

I am ..

If I thought gold was gonna tank back to $1100 I would have dumped ALTN and moved on.

Fact is, fiat currency is irreparably devalued and so prices of everything will rise significantly, but recording of price rises is always behind the curve. Copper, nickel, oil prices rise today, food and consumer items tomorrow, wages the day after, and margins on profits gets crushed, so expect industrials and autos to tank, and gold to rise.

The housing market should weaken too when interest rates start rising, probably next spring.

[cyberbub] 22/2/2021 16:55

Maybe the POG's descending wedge has finally reversed? Would be nice but I'm not counting on it...

[michaelfenton] 22/2/2021 15:12

ecellance - true but it is still very volatile. Although in a years time we may look back and say how cheap it was?

[excellance] 22/2/2021 14:54

Gold is having a better day today, good time to buy.

[harrisun] 22/2/2021 10:17

Gold and silver never represent their true value when Comex and London sell bits of paper purporting to be gold and silver.

its not just copper use that increases with renewables. Gold is used for contacts throughout the tech industries, from phones to vehicles.

Likewise the constant devaluation of currencies is why gold and silver have been traditionally held down by the paper fixes.

Expect that to change, when finally gold and silver customers only demand physical delivery.

[sloppyg] 19/2/2021 22:19

Great research Vish.

Given the proximity of the assets I would be amazed if there are not synergies here.

AGold clearly recently registered in Hungary so what the bigger picture is here is still anyone’s guess.

[vish65] 19/2/2021 20:09

Funds will be needed to upgrade the 3 suspended mines and replace items sold as part of the Frontier Mining liquidation .

No doubt the excitement over copper makes the Mailykara mine (copper) and 2 feeder pits particuarly attractive , with lower cut off grades now in play.

The copper /gold combination makes for a exciting prospect as you get the base metal/green/EV exposure and the inflation risk hedge with the gold. I'm sure they'll be thinking how they can leverage some of this exposure and multi-asset mines to make Altyngold a more attractive proposition to the market.

Something along the lines of AAZ who have recently added the former 'disputed region' into their portfolio and a possible JV with Conroy. All adding a massive resource base and mutli mines into the equation.

The question though still remains on Altyn achieving steady production growth and whether management can deliver.

[excellance] 19/2/2021 17:47

Perhaps they'll reverse into ALTN to get listing and raise cash?

[cosmictraider] 19/2/2021 17:31

Good bit of digging or should I say research by Vish65. I've found that the Assaubayev family assets are spread far and wide and it's not always easy to pull in all the threads without a fair bit of detective work...keep digging Vish65 as I'm sure there is copper in them mines as well as gold and other PM's ...something BIG brewing !

[vish65] 19/2/2021 16:33

Agold (for those interested !)

A bit of further digging convinces me the deposits listed by Agold were formerly owned by Frontier Mining Ltd (FML) who operated in Kazakhstan a few years back . There is an 'FML' thread on ADVFN . Frontier went into liquidation in June 2015. They had 2 areas of operation and Agolds assets came under the 'Naimanjal Area Licence ' . This licence was sold in 2014 in order to raises funds to support their other operation in North West Kazakhstan . So 2014 ties in with the Agold acquisition date on their website. RNS is below



It was sold to Union Transnationale Miniere S.A. ("UTM") a private company based in Luxembourg classed as a Kazakhstan minerals explorer. This company I assume is the Assaubayev family. You can confirm this below but will need to pay the access fees to view the documents.

hxxps://www.datocapital.lu/companies/Union-Transnationale-Miniere-Sa.html

The company appears to cease activity in 2019 and then AGold is incorporated in 2020.

As regards the deposits they are covered in the document below by Wardell-Armstrong on behalf of Frontier Mining



(View the map on page 17 and see how it ties in with the map on the Agold website)

The little bits of information on the Agold website also tie in with what I can find in the detail

Mailykara Depossit (Agold)
This was known previously as the Baitemir deposit a large copper/gold deposit

Saryzhal Deposit (Agold)
Previously known as the Naimanjal deposit. A pilot plant was started here in 2005. Agold state it ran from 2005-2009 so that ties up.

Kyzylkuduk (Agold)
Previously know as the Koskuduk mine . Production of gold started in 2010 and ran until 2014 when the mine was sold as part of the licence area.

There are 2 further deposits but its a little confusing to tie them up exactly but in the scheme of things its doesn't change the outcome

Does this effect Altyn ?

You will have draw your own conclusions but I think its quite possible at a corporate level. Currently they have 2 large separate mining entities, both overseen by the same management (Aider Assaubayev is the CEO of both apparently) . Altyn also seems to be preparing itself for some corporate activity.

What also struck me was that 'Agold' sounds like an acronym for 'Assaubayev Gold' which suggests something all encompassing.

As Agold say on the front of their website :-

"AGold is aimed to become one of the largest precious metals players in Kazakhstan and Central Asia."

Something to ponder
Vish65

[excellance] 19/2/2021 14:28

US stimulus checks should hit bank accounts about 8 March.

That should cause a surge in demand, liquidity, and inflation

[excellance] 19/2/2021 14:25

Six weeks to go until Q1 21 numbers which could, no, should, prove that ALTN has turned around and is making good profits.

Imagine if they discuss the possibility of a dividend?

[excellance] 19/2/2021 14:22

Gold and pgms won't drop much further, and may bounce sooner rather than later...

February gold futures expiry early next week could be a signal, as could various inflation, unemployment, and budget signals ...

[excellance] 19/2/2021 13:04

Short term I expect gold to wallow a bit, but longer term I think gold will double or more.

[king suarez] 19/2/2021 13:02

Couple more months of 'consolidation' pain, then upwards (probably). Now is the time to accumulate if you are in for long(er) term..

[cyberbub] 19/2/2021 13:00

The POG seems to have been in a descending wedge since August, which would 'normally' imply a breakout northwards soon... But I have a nasty feeling that another plummet could be coming up soon FFS

[cyberbub] 19/2/2021 12:58

With all trading around 128-131p, surely the 120p published bid price is fake news?

[excellance] 19/2/2021 12:38

It is refreshing that these haven't gone down the path of endless dilution, or the senior finance path to hell and into the pockets of the banks.

I really like the way these have financed themselves and grown organically.

I wonder if that will change soon?

[excellance] 19/2/2021 12:33

They've never mentioned copper.

[cosmictraider] 19/2/2021 11:33

Any chance that TS might have copper deposits?

[brouwpa] 19/2/2021 11:06

offered 1p below bid for 2500 by HL

[cool hand kev] 19/2/2021 09:00

Any MM’s working today 🤔

[michaelfenton] 19/2/2021 08:18

Copper is the King at present due to expected huge increase in Green demand? So miners who have both Copper and Gold a common combination are where I am switching? Gold may well come good but the manipulation in US is holding it down for now. But current price still very profitable.

[excellance] 19/2/2021 00:35

These must be wondering why they even bother with a London listing. What's the point if they don't bother trying to nurture investor interest?

Hopefully that will change soon as phase two and TS open pit get closer, and the reason for a London listing becomes apparent.