Altyngold Share Discussion Threads

[goldrush] 22/7/2024 13:50

Steady buying....all buys today apart from 5 X 1 share sale transactions !!....just to show the tape that there were sales ....😀㈳2;

[trader465] 22/7/2024 09:41

I wonder if they use dim red lighting around the hole

[tim000] 22/7/2024 08:56

Indeed, there is a great deal of dirt at the mine site.

[trader465] 22/7/2024 08:22

“There is also the prospect of a broker/shareholder trip to Seki in September which is now approaching”

Has the company mentioned a dirty week away?

[tim000] 22/7/2024 07:50

Presumably the next candidates for news are the interim results, commissioning of the Seki plant and (outside chance) something on M&A? There is also the prospect of a broker/shareholder trip to Seki in September which is now approaching.

[louie2010] 20/7/2024 22:40

Excellence clown your talking out oof backside again.

[louie2010] 20/7/2024 16:25

LOL you're fish bait every time.

[tim000] 20/7/2024 11:02

I think you’re right that the boom in tech stocks may be coming to an end. Precious metals could be a beneficiary, as you say. Geopolitics look unstable and any shock could have a prolonged impact on gold prices.

[excellance] 20/7/2024 10:53

It will also be interesting to see if the Crowdstrike disaster causes more money to flow out of tech stocks and into hard commodities.

The Nasdaq and tech firms have performed exceptionally well in recent years and months, but the CS debacle shows how one disaster can have a catastrophic impact on a companies credibility and share price, and money has already started flowing out of that sector in recent weeks taking profits from all time highs, while hard commodity miners, particularly the smallcaps, have really struggled for a year or two and the survivors are coming off long term lows.

Will the CS mess quicken and prolong this structural move in the markets?

[gizmohican] 20/7/2024 08:32

Tim will be interesting to see qtr4’s

[tim000] 20/7/2024 08:14

20k looks a little high to me. I think around 15k is more likely, based on the percentage increase in ore production of ca50% from H1 levels.

[gizmohican] 20/7/2024 07:38

Comparing qtr 1 and 2 prod figs, think once new processing plant is fully up and running gold poured could easily increase to 20k ounces per qtr. qtr 2 gold poured was at 10k ounces already…exciting times and future prod figs ahead!

[louie2010] 19/7/2024 14:27

The Fed will cut interest rates by 25 basis points at least twice this year.Any further move lower will likely bring buyers back.Gold posted a fresh multi-decade high earlier this week, breaking out of a range that has held since late March. A break above the 20-day and 50-day moving averages at the start of the month allowed the precious metal to test and then break the mid-May high. The sell-off in the second half of this week has no real fundamental driver and any further move lower is likely to attract buyers back into the market. The US interest rate space looks positive for gold with two, and potentially three, quarter-point rate cuts now priced into the market. The first cut is fully expected at the September 18th FOMC, which coincides with the release of the latest Summary of Economic Projections.

[louie2010] 19/7/2024 14:26

Gold is trading on either of $2,400/oz. and any further sell-off is likely to be limited. Prior areas of resistance turned support between $2,350/oz. and $2,370/oz. also include the short- and medium-term smas and these should hold and add an extra layer of support.

[excellance] 19/7/2024 10:42

Looks like we could have another tick up soon and possibly a blue finish and a good week for Altyngold.

[mikeh30] 18/7/2024 16:37

They weren't at 3.30pm when I posted genius :)

[goldrush] 18/7/2024 15:55

cyberbub

Just saw your purchase now 1 hour delayed. Your broker did not a bad job getting 8k at that price of 159.25p....we basically finished up 2p on the day from 155p to 157p Mid price....bid price 155p selling price 159p.....and I don't think one can get many at 159p in the morning....IMHO

[excellance] 18/7/2024 15:54

Markets are closed mike.

[mikeh30] 18/7/2024 14:47

Book has tightened up now. Any buying and we're off.

[excellance] 18/7/2024 14:41

Fairly sure there's a whale...

[cyberbub] 18/7/2024 14:37

I've decided to finally come in with 8k shares, let's see if it was a good decision ?

[mikeh30] 18/7/2024 13:39

Blue finish ;)