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Allegiant Gold Ltd. (AUAU.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.2900-0.0200 (-6.45%)
At close: 3:59PM EDT
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  • A
    A
    This company seems to be trading on the basis of $20 per oz. of the gold it has reported in the eastside 43-101, everything else is free, including, cash, the 3rd party stock shares it holds, and all of its land holdings, etc.
    This means that upcoming drill results from the Eastside property, if very positive, have the ability to move the share price significantly, but other than that, I am not aware of any triggering event that can move the needle.

    One cause for concern is that SG&A expenses appear to be extraordinarily high for a company of its size.

    I think this is a good speculation up to the announcement of the eastside drill program, but those results need to be uncommonly positive in order to make it worth holding the shares.
  • S
    Steve
    Newbie to the mining stocks sector, but it seems like the recent posted news should boost the share prices shouldn't it?
  • S
    Steve
    Speculation on what the news is that prompted the trading halt this morning?
  • J
    Jeffrey
    Orea mining OREAF owns approximately 20% of Allegiant
  • a
    arash
    So yahoo is predicting a 0.75 price for this. Wondering how much you guys are thinking ?
  • R
    Rick
    Another 40,000 shares bought by an insider today at $0.49. Speaks volumes.
  • A
    A
    you blew it allegiant.
  • A
    A
    Well, I guess we knew it had to happen....now glad I chose to stand pat on my holdings rather than add to them after the great drill results.
    If I am correct and gold retreats a bit from here, I expect allegiant's share price to get hammered after this....will it be a buying oppty?
  • A
    A
    Hey, Bravo Allegiant. The great thing about owning shares in a company that flies beneath the radar is that there isn't a lot of speculative fluff built into the share price.
    It is fantastic that the share price is only off 8 percent today with gold off nearly 5%.

    Great time to pick up some physical gold, I think....not so sure about the silver though.
  • A
    A
    New Placer Dome today announced promising results from five recent RC holes in their BOLO prospect. Three of them were blanks but two of them, one in particular, showed well. Very promising. The company awaits further results.
  • A
    A
    Yeah, I don't think so. Best of luck Allegiant, but your metals pricing on the new technical report are just a bit too aggressive for me....not saying those numbers won't hold, just don't believe they should be incorporated as such. smells of desperation.
    Plus, even with the higher values it is still a punk resource. Need to see two or three times that to be taken seriously.
    ......however, if shares trade back down to .20usd....
  • S
    Steve
    Been a while, glad to see this back at $0.40
  • R
    Rick
    Check the insider trading! Another 10,000 bought at $0.48. That simply doesn’t happen buying at a peak, great results coming soon can be the only conclusion.
  • S
    Steve
    Unfortunately work got in the way of my tuning into the meeting, anything interesting?
  • A
    A
    Eagerly awaiting drill results; although, will have to be pretty spectacular to wake up the share price of this company.
    Lot's of junior miners are sitting on one million ounce low-grade, in the ground, resources. Need a couple few million more to gain traction.
    Announce 2-3 gram per ton results and this is another story.
  • S
    Shayne
    low trading volumes as of late, sad to see
  • I
    Igor
    Was nice of day to going up. Doesnt see any news but still happy with that
  • D
    David
    Ticker was halted 20 min ago ..
  • A
    Adam
    What’s everyone thinking about this one?