Altyngold Share Discussion Threads

[stockknobjockeyvanbookstino] 03/7/2021 10:39

They listed their shares on the Kazakh Stock Exchange on 31st May.

[excellance] 03/7/2021 10:35

I've spent a couple of hours this morning nursing a hangover, and revisiting several RNSs, and despite some nervousness or even despair evident on this BB recently the company have been fairly thorough with their reporting of performance and future plans, tho I note they continually review the impact of covid and this means that time lines are vague.

I expect Q2 numbers from Seki will be robust, grades may show further improvement, and we may soon see further news of expansion and funding requirements.

At TS they are continuing exploration and have completed bulk processing and feasibility studies. I expect confirmation that TS will proceed to mining planned for end of 2022 soon.

[excellance] 02/7/2021 17:43

The Company's aim is to produce 100 thousand ounces of gold production under phase 1 of the Sekisovskoye underground development plan (from the current level down to -50masl depth). The Company is currently at -150masl under Phase 1of its development. Production should further ramp up towards 1mt target of processed ore over the next three years as the company boosts its mining equipment. Operations are expected to have a competitive cash costs of production aiming initially at between US$500-US$600 an oz.

The Company has sourced the capex required to bring the production on line as stated above. Phase 2 should boost production more as operations move further underground (from -50 to -400masl). Additionally, Teren-Sai has significant upside potential with one deposit and four defined Au exploration targets and an estimated exploration objective of Au 9Moz.

[excellance] 02/7/2021 17:04

Zero or double?

Make your mind up!

[stevea171] 02/7/2021 17:01

Excellence. You just make up stuff all the time.
You indulge in ramping rubbish speculation here endlessly and now you are making up stuff you know is untrue about me.
You have been found out.

Zero credibility.

[sleveen] 02/7/2021 16:56

Ah, that explains it.

[excellance] 02/7/2021 16:17

Unfortunately he's just sore cos he lost here in the past and is trying to blame anyone but himself.

[sleveen] 02/7/2021 15:54

If steve's description is correct , perhaps ALTN should be listed on AIM :-)

[stockknobjockeyvanbookstino] 02/7/2021 15:27

Sleveen, ALTN have a main board listing, not AIM.

[goldenshread] 02/7/2021 14:51

Like I said buyers started returning to gold producers when the gold price looked like it had reached bottom on Wednesday, a number of producers are moving higher, I also bought CEY around 1.03p recently, these stocks (like ALTN) are ideal to range trade if you time your entry price correctly.

ALTN traded at 1.82p in May can now be bought 60p lower, good luck trying to buy in size though !

[stevea171] 02/7/2021 14:38

Steveen. lol!

[sleveen] 02/7/2021 14:27

steve, your description fits 99.9% of AIM companies.

[stevea171] 02/7/2021 13:03

You don't deal with any of the issues I've just raised because you just could not care less whether you are promoting an honest business or a dishonest one.

You're coming across as someone who is totally irresponsible and one of these:
I'm all right Jacks. I'm making my millions and too bad if others get burnt.

[excellance] 02/7/2021 12:16

You're coming across as someone badly burnt with an axe to grind.

I know there has been many issues here in the past, still is, but surely that is the reason for the low share price and therefore the opportunity?

[stevea171] 02/7/2021 09:27

For anyone who cares to notice this company must take the biscuit for being sly like a fox. Down the years, there is a whole pattern of deliberate omissions, deception and lies for anyone who looks closely. Not here and there. Everywhere.

This is the people here we are dealing with. Nothing can be taken at face value.

[goldenshread] 02/7/2021 09:10

Gold moving ahead today with a number of analysts suggesting a re-bound is on the cards.

I noticed that a number of producers were attracting buyers on Wednesday when gold was dropping, maybe the tide is about to turn.

[sleveen] 02/7/2021 08:37

Just bought 3k @ 123.5p

[broken_arrow1] 02/7/2021 08:33

IG have no opened up, they have a small amount at the offer but are asking a premium for over 5000 shares.

[stevea171] 02/7/2021 08:30

Stock. Yes, that summary of drilling at Teren Sai is what I was referring to.
Where are the drill results for some or all the significant holes?

[1madmarky] 02/7/2021 08:26

Just bought a few (£600 worth) via spreadex . Went straight through, quite often it sits there thinking about it. So someone has stock somewhere.

[stevea171] 02/7/2021 08:21

Excellence. This board has been a rampers' paradise with zero balance of views.

How many guileless investors have lost a packet as a result of your ceaseless ramping of this dog of a stock?

You have a lot to answer for.

[broken_arrow1] 02/7/2021 08:17

For those interested IG are saying

'No quotes available at present, please try again later'

[goldenshread] 02/7/2021 08:07

Still unable to buy, it's 'at best' only currently.