Atalaya Mining Share Discussion Threads

[cufes2] 04/5/2017 13:47

The conspiracy theories are becoming more and more ridiculous IMHO . . .

[shortarm] 04/5/2017 12:00

It came out in the recent court case that they could have let the company go bust then picked it up without all the miserable PI's involved.They didn't nick it off us so give em a break!?

[poleaxe] 04/5/2017 11:32

Any thing else to say rp or have you run out of stories. It has been obvious to me for some time that the mob Traf acquired their shares from and probably Liberty are nothing more than Traf's placemen.

[rougepierre] 04/5/2017 10:39

And of course Traf have the clout to move huge stocks of copper around the world and, for example dump them in LME to precipitate a short term fall....no cost to them...its still the same stock, simply stored on LME rather than elsewhere....

[rougepierre] 04/5/2017 10:34

And now here's the mega conspiracy theory...

Traf is one of the biggest metals players in the world...

Supposing they wanted to do a GLEN and become a full spectrum metals player, from exploration and development to production and trading...

How would they do that? Build up a credible mining/production quoted vehicle by systematically acquiring hot prospects...especially in Europe...and integrating Traf's existing mining interests...

So how does the logic stack up...?

Look at their business model. Mining exploration, development and production bolts neatly onto the left hand side (i.e. vertical integration in economic parlance)

hxxp://www.trafigura.com/about-us/what-we-do/

They already have mining operations with two major mining operations in Spain alone, together with their own processing facility and their own shipping terminal...ATYM and Touro would bolt on nicely with geographical proximity...

hxxp://www.trafigura.com/about-us/structure/trafigura-mining-group/

As far as copper is concerned, supposing they are working with Orion behind the scenes...Orion has an armlock on Weatherly (WTI), which is also a substantial new copper resource...

And then just supposing Traf was in cahoots with Astor...

Ashwath Mehre's fellow director is a Thomas Muller...Astor was previously owned/involved with the Marc Rich Group (remember him...? Google him...) and surprise surprise a Thomas Muehler (sic) was not only a Principal in the Marc Rich Group, but he is also directly linked to Trafigura... see link below...

hxxp://www.4-traders.com/business-leaders/Thomas-Mueller-09RKNT-E/biography/

So then let's add a little more to feast on and I'll leave the rest to you...

ATYM has a stake in KEFI, which is close to production, again massively undervalued (see any number of respected reports) and also close to production....ATYM has steadfastly refused to sell its stake, but also remember Harry Angostura Adams ran EMED...

And supposing Traf was behind the constant stream of protests at BKY...also close to production...in mainland Spain...and soon to become the biggest new Uranium resource in the world, just as Uranium prices are set to soar...

Hmmmm.....

Enjoy...

AIMHO as usual....

[rougepierre] 04/5/2017 09:43

Oh and if youre going to buy a UKquoted company, do it before Brexit bites and while the pound is weak.....

[rougepierre] 04/5/2017 09:40

Reba mate...this has nothing to do with the results. Its down to two things:

The copper price...compare the copper chart and the ATYM share price graph...very high correlation and copper has fallen from $2.66 to $2.49 in a couple of days...

But the other, more sinister factor is the one that concerns me.

In ordinary circumstances we should be rerating steadily quarter by quarter now that we are a globally credible producer. We have a prospective NAV of up to £6 or more, even before copper rises to $3 and even without Touro...

So ask yourself 2 questions: why are Traf here; and who is in the best position to launch a takeover bid?

Because the sinister moves by Mr 5,000 (who may today be Mr 10,000 as well) now appear to me to be manipulation to hold down the price...

The sells come at or below the price you or I couod get...sometimes for much greatercsize, as yesterday...they also come when the market is quiet or the share price a little more vulnerable to e.g. weaker copper prices...

So when you ask yourself why Traf are here...they already have other copper producing interests in Spain...they appointed AL...their representative on the Board is their M&A Director...

So OK there is an agreement with all four parties that theyccannot increase their stake without Board agreement...so what... Traf already has a stake in the 20s and it wouldnt take much more than say a pact with Liberty...and or Orion...to be motoring towards 50%...

Meanwhile Oriin and the Chinese have lucrative offtakes and Liberty are in for capital growth...

So what price would the others agree to? Given the above vested interests, if the two keep their offtakes, then it comes down to what Liberty would accept for a knockout bid. My suggestion...at least double the Placing price...so why not round it up to a neat £3 a share...

Hang on in there guys...either we are in for a significant rerating or we shall be reluctant sellers (and some of us paying CGT...)

And as for the copper price?

All the signs suggest we are seeing the last desperate throws of the Bears...the supply demand situation continues to tighten; Freeport are still curtailed...Comex stocks are flatlining and LME stocks are turning south again...

Traf are major players...they know what they are doing...they have been the power behind the throne here..we may have outed them with their share price manipulation, hence the jack to 10,000...

Keep the faith and watch this space...

AIMHO as usual....

[reba] 04/5/2017 08:59

Price starting to drop in preparation of results, Drop again when they are shown, then back upto where they are today.
No advance and no gain on sp
This has happened on a regular basis for years.
Another 2 x 5k sells shown today. again price manipulation on a regular scale.

[laurence llewelyn binliner] 04/5/2017 08:13

It looks like the end of May for Q1 financials, 25.05.2016 last year..

[iankn73] 03/5/2017 19:59

The downward driver seems to be a potential interest rate hike courtesy of the feds as well as poor economic data out of china....me thinks.

I wish to hell I had put all of my money into bitcoin as it has outperformed every stock and commodity etc...and is still reaching new highs. It looks as if its behaving as a safe haven and taken over gold, silver and platinum.

Like it or look upon it as some sort of ponzai scheme its here to stay by the looks of it.

hxxps://www.rt.com/business/383592-japan-retailers-accept-bitcoin-payments/

I already have a few hundred invested in Bitcoin for a fun punt and will definitely add more, if it pulls back from the recent highs.. I thought I would go along for the ride. I'm a sucker for technology and can see the benefits of bitcoin.

[laurence llewelyn binliner] 03/5/2017 19:45

Copper having a wild ride, don't think I've seen a 10c move in a day before..!, traders and hedge funds playing their strategies, the average over a year is what matters to us, not so much intra day..., but interesting all the same..

What's the downward driver today..?

[rougepierre] 03/5/2017 14:44

Spouting rubbish as usual lango...keep your one-eyed negativity for the BKY Board...it's "up to 2 years" as has been pointed out to you elsewhere...

And I'm only down 15% in BKY. Taking the long view with 10% of my profits in ATYM...how have you done? And what is your current position...in ATYM or BKY...?

"Permitting update

There is strong support for the Salamanca mine from the EU down to the local municipalities.

To date, the Company has received more than 90 favourable reports and permits for the development of the mine.

The Company is fully permitted for all the work it is currently carrying out in preparation for full construction.

With the Mining Licence and Environmental Licence already obtained, the next approvals comprise the locally issued Urbanism Licence and the Construction Authorization by the Ministry of Industry, Energy and Tourism for the treatment plant as a radioactive facility, and which are currently in process."

[langostino] 03/5/2017 12:45

LOL! Investment advice from rp! Would much rather ask his wife. And for some one supposedly smart enough to have avoided Emed during its permitting period to recommend another Spanish miner two years away from a 'possible' permit for a controversial uranium processing facility lacks consistency. IMHO

[rougepierre] 03/5/2017 12:06

Despite the 13972 Buy, I'm still bid 140.001 for 25,000....

No shortage of demand then...

[rougepierre] 03/5/2017 11:32

Thanks to whoever recommended GCL...I'm now down 26%...

Meanwhile my BKY are only down 16%...

I am responsible for my own actions, which is why I am still holding both and WTI...

[rougepierre] 03/5/2017 11:29

Just lodged a detailed formal complaint with AIM Regulation.

I told them that I could get a FIRM electronic quote to sell 5,000 at 140.78 and to sell 25,000 at 140.100, soon after this disgraceful trade went through.

If the perpetrator or other 'agent' of this pattern of trading is reading this they should understand that there are now several people not only concerned about this but also watching and in some cases pursuing action vigorously.

GLA

[shortarm] 03/5/2017 10:23

And yet I can get 140.78 for 5k....Still fishy fishy......

[shortarm] 03/5/2017 10:22

Now he's done the triple at 2p under the bid

[sirmoori] 03/5/2017 09:15

Still 3 vs 1 so it remains well supported.

[shortarm] 03/5/2017 08:45

The single 5k didn't work yesterday so now he's gone for the double.....

[rougepierre] 02/5/2017 18:02

hi rio

it varies enormously...

there have been many times when I could have sold 25-35,000 at above the bid. You can almost always buy below the offer...I agree with camas that there is probably still buying around at the moment, viz the bid holding up and stock going through at the offer...that augurs well...

I'm not sure there's a bet time to buy...you have to watch the bargains and the volumes every day really...

I tend to buy 'Normal Market Size' usually. This used to be 2500 until recently but it is now 2,000. Often if I try to buy more than that there is no firm price or the price is higher, but occasionally when I was horny I was able to buy 5,000 and I don't often have difficulty selling 5,000, which also augurs well...

Basically from your point of view it is better to watch the charts and dealing pattern and have a view on a price below which you will buy. So, for example, recently when the price fell below 140, I bought back more than the 25,000 shares I had sold over 160, at prices ranging down to 127. Some of those have already gone.

Obviously it is easier to pick up stock when the price is falling and I think the current price is a good benchmark. I believe they represent good value below this and expect them to break 160 again in the next few months...

I'm sorry I've not been much help. A friend on here recommended these and the more I researched the more excited I became, but as I've said before, I was lucky not to be in several years ago.

As they fell steadily to below 70, I was buying loads and I also bought quite a few when they fell to below 80 again. With a bit of trading in and out I got my average way down to 80/85, but in doing so built up my holding to many times the largest investment I have ever made.

BTW I use TD Direct. You can almost always get an electronic quote; the dealing charges are tiny; and the only downside is that Winterflood dominates the trades, which doesn't always work for me.

Finally, by taking a view, I have found this share quite tradeable, which is another way of getting your average down...but not right now because we're stuck around the placing price...

Hope that helps but actually I'm a relative novice compared to some of the guys on here...I guess it was a massive act of faith and I just got lucky...

The next challenge has been finding the next big thing into which I can put the half of my holding that I will sell...so far a chunk has gone into BKY (together with substantial holdings in a range of gold/silver stocks including GPM).

Thanks for your post and good luck!

AIMHO as usual...

[riotinted_specs] 02/5/2017 13:19

RP, you seem to have a great deal of experience buying, selling and investing in this share. I am a long term near 6 figure investor in ths stock. I'm not a trader and I have downsized averaged since I began investing at 8p in the old EMED days. Do you have any suggestion on the best times of day to invest in this stock? As well as the number of share amounts per investment outlay e.g. 3 buys of 3000 shares versus 1 buy of 9000 shares. Thank you

[acamas] 02/5/2017 12:01

rp,

That is the trade I was referring too. It went through with no lowering of the bid. So have the MM's got buyers lined up for any sales of this size that may pop up in the near future?