Altyngold Share Discussion Threads

[excellance] 21/4/2021 15:02

Gold, palladium and copper rocketing now!

[excellance] 21/4/2021 14:39

Gold is looking strong again today, as is palladium and copper.

[cool hand kev] 21/4/2021 14:09

For the record I've just added :-)
spread was 152 - 152.5 and now is 152.5 -156.5
Chart doesn't appear to update until the end of the day ?

[goldenshread] 21/4/2021 12:01

Altyn would be valued far higher if the company promoted itself more, it is so under radar and frankly the RNS statements no matter how good are terse and blunt.

One thing you cannot accuse management of is ramping, a good set of Q1 results would drive a strong re-rate as would the new broker providing the market with a research note and price target, compared to peers the company is materially undervalued.

The shares just need a catalyst to drive a re-rate.

[bobbieblock] 21/4/2021 09:25

hxxps://145908.selcdn.ru/files.altyn.uk/2019/RNS_CPR_Seki.pdf
6 million ounces in one mine. Teren-sei has 1.5mil ounces. And silver.
That’s at twice the current development grade and with good and silver now $50% higher.
Even at 80% recovery they’ve got 48 years worth of gold at 100 thousand ounces.
I think they’re going slow so not to dilute and take in two much debt.
Joshua Rowe takes a very long term view. He took over a failing school and turned it round into one of top performing state schools in the country now for over 20 years. He set up a new division for more religiously observant pupils because there was no provision for his children. He has his critics, me amongst them for some of his day to day decisions. However there is no denying he is a very successful, very intelligent and careful man. He also put his money where his mouth is, investing heavily in the achool

[linz22] 21/4/2021 08:58

They all look cheap right now.

It's just a matter of getting your chips on the right numbers before the big wheel spins, or stops spinning...

[excellance] 21/4/2021 08:56

It is cheap, but the Q1 production numbers, if they are where they should be, will confirm how cheap we are, and the market should respond.

Folk buying pre Q1 numbers are probably getting great value.

[the_sage1] 21/4/2021 08:36

Gold producers are starting to rally from oversold positions, ALTN looks cheap.

[excellance] 21/4/2021 07:40

We've had a 50% rise on low volume, so my guess is that when the market wakes up to the value here the share price will rise rapidly, so don't delay making a purchase here or you'll miss out.

[brasso3] 21/4/2021 06:51

Gold looks like its broken out now.

[goldenshread] 21/4/2021 06:48

Gold strong overnight, should be good for ALTN today.

[excellance] 20/4/2021 15:45

Fairly light volume again today.

But let the trend be your friend.

Exciting couple of weeks coming up.

[goldrush] 20/4/2021 11:49

ODR

I believe the headlines should be good.They took care of the maintenance downtown and the slow build up. Now with Rennaissance on board I cannot see them wanting to stop forward momentum after the share consolidation etc (all which we believe was for a corporate purpose or series of actions).

[onedayrodders] 20/4/2021 09:23

Last year the Qtr 1 headline was ..

Altyn's production up 130% year on year ... and kick stared the rise from 1p to 3p.
Too much to ask for a repeat given we were priced at a closing down sale, but a similar production headline would be great.

[goldenshread] 20/4/2021 08:47

Momentum seems to be building ahead of Q1 results, this is one of the few gold plays that has not really rallied historically with other producers.

I can see a nice re-rate occurring here, I think £2 is nailed on short term, but remember it hit £3 not so many moons ago.

[excellance] 20/4/2021 08:31

Has there been any trades yet today?

[excellance] 20/4/2021 08:30

The ALTN mm isn't out of bed yet.

[onedayrodders] 20/4/2021 08:29

Why r we red when bid is up from yesterday

[wrighty46] 19/4/2021 16:25

More for me today. GLA

[king suarez] 19/4/2021 15:52

GG - go for the horse that looks fastest.. :)

[excellance] 19/4/2021 15:41

Gold doing well in dollars, but the pound looks strong today.

[goodgrief] 19/4/2021 14:48

KS... any tips for next year's Grand National? :)

[goldrush] 19/4/2021 13:46

excellence

Thanks for your thoughts .....don't think KS and I can move markets yet 😀😀

The strength in the share price with some volume started on Thursday and Friday.

We know from your good work in the header that the Assaubayev family are in with an overall £2.55 for their holding......so with the emphasis now on Rennaisance Capital, the share consolidation, new USA focussed NED.....WE await what corporate action, company growth is to be announced.....the share price has to double alone to get back to their entry price and with a firmish gold price the odds look to be in our favour for some positive share price momentum.....IMHO.....And as KS has mentioned this morning " Shame the resource is 'only' 6m oz though ;) " ....

[onedayrodders] 19/4/2021 12:41

Shame we can't get the REDDIT crew involved :0)

[excellance] 19/4/2021 12:36

So have we had a flurry of activity today because of the king Suarez and goldrush tips on the wanobi board?

My guess is that stock is hard to get hold of.

If the Q1 news is as hoped, it'll be interesting to see how the mm handles huge demand and little supply.