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Bullboard - Stock Discussion Forum Algold Resources Ltd. ALGDF

Metals & Mining Industrial Metals & Minerals
Algold Resources Ltd is a junior mineral exploration company. The company is focused on the exploration and development of gold deposits in West Africa. Its properties are located in Mauritania, including Kneivissat, Legouessi, and Tijirit and Akjoujt.

Bullboard (GREY:ALGDF)

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Post by goldennorthon Jun 11, 2021 7:05pm

Closing of the previously announced acquisition of Algold.

Announcing closing of the previously announced acquisition of Algold Resources Ltd (“Algold”) and an updated mineral resources estimate for its Tijirit Gold Project (“Tijirit”) in Mauritania. All ...more  
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Comment by jicoopon Jun 22, 2020 2:12pm

RE:RE:RE:RE:RE:simply crazy valuation !!

Just in case anyone actually cares here, this from June 1 news release which may explain todays halt. Think this is dead $$$ .. The Corporation also announces that it will be making an application ...more  
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Discussion
Comment by baystock1on May 02, 2019 12:49pm

RE:RE:RE:RE:simply crazy valuation !!

Not so crazy valuation, if you take into account the coming share dilution of 100 million shares. 50 million shares to pay of the $6 million in debt due in July and anorther 50 million shares to ...more  
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Post by baystock1on Apr 26, 2019 4:29pm

share price collapse

In may 2018 Algold's share price looked like it was bottoming around $1.20 level when it started a new down trend which seemingly coincided with some bad new for Kinross's Tasist mine which ...more  
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Comment by riskmanageron Feb 28, 2019 8:35pm

RE:RE:simply crazy valuation !!

As you said it is crazy. The problem with Algold, the last consolidation put a cold shower on this stock.  Lot of people lost some money here. But at this price, best thing to do is wait, buy ...more  
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Comment by austrochrison Feb 28, 2019 11:06am

RE:simply crazy valuation !!

What do you think riskmanager ?
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Post by austrochrison Feb 28, 2019 10:41am

simply crazy valuation !!

Algold got 3 Million Us Dollar from Warrants in december and will get over 5 Million Dollar from Warrants in march. With the existing Money and the 8 Million Dollar algold is ready for the 45 000 m ...more  
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Comment by austrochrison Feb 06, 2019 9:38am

RE:RE:RE:RE:Algold is extremly undervalued !

And a big factor is the goldprice . If Gold go North in 2019, such cheap stocks as Algold are history !!
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Comment by riskmanageron Feb 06, 2019 9:24am

RE:RE:RE:Algold is extremly undervalued !

yes! I know during the last conference he said the next update will be around 1,5. I bought at 24 cents and i'm confident that ALG will be either buy out very soon after or the SP will increase ...more  
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Comment by austrochrison Feb 06, 2019 9:07am

RE:RE:Algold is extremly undervalued !

In September 2018 the CEO said with every 100 000 ounces of Gold more , the NPV grow 15 Million Dollar / 1250 Dollar Goldprice . And he also said , that 1,5 Million ounces are realistic with the past ...more  
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Comment by riskmanageron Feb 06, 2019 8:20am

RE:Algold is extremly undervalued !

True if they can prove up to 1,5 and increase NPV by as much as you stated.... ALG would sit on an inpressive project close to Kinross. The Value should pick up to settle at least around 100 M MC. The ...more  
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Post by austrochrison Feb 06, 2019 4:23am

Algold is extremly undervalued !

Algold has high grade goldprojekt in Westafrica . The next resource update should be out soon . About 1,5 Million ounces of Gold - I think . The NPV should grow about 100 Million Dollar . Algold is ...more  
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Post by Viosimirion Jan 12, 2019 12:19pm

I assume...

They will probably drove it at the price before consolidation
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