Atalaya Mining Share Discussion Threads

[cufes2] 07/7/2017 08:51

Yes, AL was averaging down because he got the timing of his purchase wrong last time . . .

[tedoby2] 07/7/2017 08:49

MD we don't have a new Traf finance director and waterloo is absolutely correct, Alberto's recent purchase wasn't his first.

GLA

[shortarm] 07/7/2017 08:47

Oh, and a Mr5k buyer - or is that RP again?

[shortarm] 07/7/2017 08:47

Hey MDS, don't argue with me - I want the price down to buy loads too!!!But, looking like Mr11k and Mr100k are in charge at the mkmebt

[waterloo01] 07/7/2017 08:32

Actually he bought 1m shares at 7p old money if I recall.

[mds2028] 07/7/2017 08:28

Shortarm, compared to his huge bonus for doing his job, that is just a fraction of what he got paid.
Now if he had spent half his bonus that would be a statement, more interesting the new Traf finance director hasn't invested a € or £ in the company we think is undervalued and he should know.

Or being a Traf man does he know what is coming and will he wait the equity raise?
Is this why Al only spent a little of his investment as he knows the equity raise that is coming will allow him to purchase more shares using what he has a nice juice discount because that is what the big 3 want???

Lets face it Al has been CEO a long time now and it took him this long to put his hand in his pocket, now why would that be??

[acamas] 07/7/2017 08:28

waterloo01,

That is what we need buyers to stop the slide

[waterloo01] 07/7/2017 08:26

If they will take 50k of shares (they wouldn't take more than 1000 a few days ago when I did a dummy sell) then maybe the 100k buyer isn't finished yet.

[acamas] 07/7/2017 08:22

Good morning,

The question I want answering "Why no buyers coming forward?" This just makes sellers more prominent

I remember when Lord Alexander was the boss of Nat West and they were allegedly experiencing difficulties. Because of his reputation and power in the city no challengers came forth but whispers abounded . Shortly after Lord Alexander retired Nat West's problems came to the fore. The point I am making does Traf. have a similar hold over ATYM

What is Traf's agenda?

[shortarm] 07/7/2017 08:22

Alberto is soooo disinterested that he bought 60,000 shares on the open market.Course he is.Negativity abounds..... now may be the time.... Can sell 50k at 110.5Come on Mr 5K - a little lower please :-)

[laurence llewelyn binliner] 07/7/2017 08:03

It doesn't hurt to explore the possible motives behind it, if someone is trying to trash the share price ., but it is only best guessing..!

On selling under the Bid, I've noticed the Share centres prices are consistently a penny or 2 under Barclays, so that could explain the sale prices..

As for if Mr 5000 a day is 1 or many, we will never know.., as frustrating as it is.., I can't see us getting a 5/4/3% threshold crossing RNS, as this would mean a change of 1.15M in share holding..

[the charmer] 07/7/2017 07:28

CuFeS2.There ain't no suppose about it.....utterly clueless!!!

[cufes2] 07/7/2017 07:12

rougepierre

Just suppose that IS paranoid nonsense . . . and you're trying to talk the share price up yet again . . . Let's talk facts here . . . You have no idea what is going on . . . You have no idea if there is one seller or more than one seller . . . You have no idea what the motives of the major shareholders are . . . You have no idea how the company are going to fund any future projects . . . You've merely been clutching at straws as the share price has dropped around 25% . . . If you're so confident about your position here why don't you just let the share price do the talking instead . . .

[mds2028] 07/7/2017 07:10

RP - We have no idea what the back room deal is between liberty and Traf, Traf have a well known reputation of shafting share holders time and time again.
Anyway the big three run the company, Liberty has a voice and if that voice is to support Traf then why wouldn't they be happy in seeing the share price drop before a raise is announced?

Sorry RP but facts are facts, the share price is clearly being manipulated and there a few reasons why and the authority's clearly are turning a blind eye.
The most clear explanation of all is the forth coming Equity raise, AL has clearly given up trying to drive the company forward as he now using some of his time as a Non exec on another mine we have no financial interest in

[rougepierre] 07/7/2017 06:51

Just suppose this HAS been shorted...and Mr 5k is now closing...?

[rougepierre] 07/7/2017 06:49

MDS thats tosh mate...Liberty has no offtakes...one of the biggestvfunds in the world...do you think they would let themselves get shafted...?

This is capitulation...what happens next...?

[electricplug] 06/7/2017 23:53

On the theme of 'who's thrashing the share price?' does anyone recall AL's slip of the tongue in one of his rare presentations where he said something about success in keeping the share price down or something to that effect. This was in a presentation he made circa October 2015. I recall highlighting it at the time on this BB or maybe lse. At the time and only one person came back saying he'd noticed it too and that was Bigbaddaz (what became of him?).The mind boggles as to what is really going on here. Someone's keeping it down but is it with the boards backing or not, that's the real question.

[laurence llewelyn binliner] 06/7/2017 19:55

#Acamas, something is afoot for sure, whether we are being shorted to death, sold off by PI's trend following I don't know.., or a larger holder/fund is deliberately trying to tank the share price to suit their own strategy, it happens on a Bear raid.., their objective we will have to wait and find out to see, but the tide will turn, and when it does with our current small free float the rebound will be strong, I will have to add tomorrow.. :o)

I can't see how the company would consider looking at equity to fund PRT at this SP, it would be nuts as we are so undervalued.. other funding solutions, be it cash, supplier credit terms, cash for off takes, bank debt are all preferable routes to explore..

[acamas] 06/7/2017 18:28

LLB,

We are undervalued if the company was available on the market it would go for more than our current Mkt Cap that's for sure. So there must be skulduggery afoot somewhere

[acamas] 06/7/2017 18:28

LLB,

We are undervalued if the company was available on the market it would go for more than our current Mkt Cap that's for sure. So there must be skulduggery afoot somewhere

In some respects it reminds me of a horse race trainer who enters a horse in races that cannot truly be evaluated because the opposition is poor. Then he places it in a top class field and guess what it wins

[acamas] 06/7/2017 18:28

LLB,

We are undervalued if the company was available on the market it would go for more than our current Mkt Cap that's for sure. So there must be skulduggery afoot somewhere

[laurence llewelyn binliner] 06/7/2017 18:08

This afternoons 100K trade.., a buy @ 111p..?
Looks more likely than a sell at the preceding price of 109.5p.., someone clearly sees us undervalued, and hopefully puts a floor under it..!

[jwafc] 06/7/2017 17:10

fair enough waterloo - in fact, now I think about I have a small companies fund myself which likely has quite a few aim tiddlers in it, cheers.