Altyngold Share Discussion Threads

[digger18] 17/2/2023 22:18

Very poetic!

[researchcentre123] 17/2/2023 18:15

AltynGold, a mining company so great Its name a symbol of Kazakhstan's fate A champion of the earth's hidden treasures A company that knows no bounds or measuresFrom the depths of the earth, it brings forth The precious metal, so valuable and pure With skilled miners and the latest technology It extracts the gold with precision and efficiencyIts people, dedicated and hardworking Strive to create a better tomorrow, unyielding With a commitment to sustainability and growth They forge ahead, breaking new ground and moving forthAltynGold, a company with a heart A shining example of what sets it apart With a passion for excellence and innovation It's a leader in the mining industry, a shining sensationKazakhstan, a land of ancient tradition AltynGold, a company that embodies its vision To bring the treasures of the earth to light And in doing so, create a future that's brightAltynGold, a mining company so rare Its name a symbol of all that we dare To create a better world, to bring forth The riches of the earth, and prove their worth.

[excellance] 16/2/2023 17:06

$1840 is still a good price for producers, especially low cost ones like ALTN.

Watching the costs during development is key to a positive outcome.

[excellance] 16/2/2023 16:49

It would be great if an II took a stake.

[goldenshread] 16/2/2023 15:27

The gold price has been battered down, no doubt by COMEX paper trading, ever since it was announced Russia is selling some of it's gold reserves.

Altyn are performing in line with others as a result of the weakening price.

[king suarez] 16/2/2023 14:29

Looking at a few other gold stocks; AAZ, SRB for example have bounced off their recent drops and MTL has not even dropped (in fact up at recent highs) so if this ALTN drop is based on the gold price, then hopefully we should also bounce soon..

[excellance] 16/2/2023 14:20

Well it's certainly more attractive at 116 than at 160, but maybe we'll see 110 which I think should be absolute bottom assuming that the trend has turned positive.

[researchcentre123] 16/2/2023 13:49

Only real issue is pple's mood swings. New Accountants - hallelujah! Waiting for the quarterly report....end of the world! It's all because this is still at the building stage of a business, getting it to where it can pay dividends. Once it does that, then the final box is ticked and share price will be a multiple. But day traders can't wait for that, hence the swings and big upside hopefully for the patient

[bsg] 16/2/2023 13:36

Not that crazy, under £1, may be,

[sleveen] 16/2/2023 13:32

Back to 80p?

Crazy talk surely?

[pensionplanner] 16/2/2023 12:45

excellence. Inflation is not really the only problem, only the problem governments want you to think about. The real problem is 24/7 fiat capital printing. Just look at the eye watering indebtedness of the USA.

In January 2023 the USA national debt was a staggering $31.38 TRILLION DOLLARS!

$38,380,000,000,000

Devaluing cash by the second.

No wonder so many countries now want to ditch the petrodollar.

This is also why the USA and many Western countries do their utmost to manipulate the gold and silver prices, and indeed resources in general.

Logically with that extent of debt the fiat currency per ounce of gold should be much higher.

[quinan] 16/2/2023 10:50

Just added 1600 to the pot

[excellance] 16/2/2023 10:33

The market for ALTN stock is a bit jittery, after that vertical rise, while we await Q4.

🤔

[excellance] 15/2/2023 18:13

Gold price still struggling with the latest batch of economic data, showing slightly lower inflation, much higher job data, and room to raise rates more before the crash occurs.

Of course they may get it right and bring down inflation without a deep recession, but they've never succeeded in the past.

[stevea171] 15/2/2023 10:11

Dear me .... It's a Q4 production report that's weeks late. Not an audited report or full set of accounts which will come probably in April!

[goldrush] 15/2/2023 08:56

Researchcentre123 is probably spot on here....e.g. ALTN always give Revenue and maybe the Auditors have a query on that....Anyway Results cannot be far away....and maybe there is something else they want to update on e.g. development progress 🤞🤞

[researchcentre123] 15/2/2023 08:40

Possibly but there is also the fact that there are new auditors who need to get their heads around everything and that can take time.....and since when were altn ever early.......

[excellance] 14/2/2023 17:16

Very disappointing share price performance. Rule of thumb is late news means bad news.
🤔

[nevgroom] 14/2/2023 09:45

Thanks Palisz, resonates nicely that.

[researchcentre123] 14/2/2023 09:23

Best explanation yet. Thanks Palisz

[researchcentre123] 14/2/2023 09:22

Well if I had one of those no cost trading accounts, I could buy 2 shares, wait for it to double then buy a packet of Mars bars at Lidl with the profit. If it triples, we could be talking a tub of ice cream as well ....still joking apart I suppose everyone starts somewhere and I'm sure by Bill Gates standards we are all wasting our time here

[palisz] 14/2/2023 09:21

Basket / etf trades.. when a fund wants to buy or sell the all shares or small cap fully listed index. Because Altyn is so small it literally translates to tiny number of shares. So many funds follow the various index's that it can mean many trades in a day.

[nevgroom] 14/2/2023 08:51

The thin spread has indeed vanished but, it is nowhere near as wide as these "iffy" trades would have you believe.

Can currently buy/sell up to 5k at 122 - 127

What is the point of all these single-figure trades? can't be book balancing this frequently surely??

[researchcentre123] 13/2/2023 08:33

I think your slim spread has just vanished!

[excellance] 10/2/2023 16:34

Oil prices firming up, will push inflation higher again.