Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Allegiant Gold Ltd V.AUAU

Alternate Symbol(s):  AUXXF

Allegiant Gold Ltd. is a Canada-based mid-stage precious metals exploration stage company. The Company’s activities are the exploration and evaluation of resource properties located in the United States of America. The Company's projects include Bolo, Eastside, Four Metals, Goldfield West, and Travertine Sinter (TS) Prospect. The Company also holds additional exploration and evaluation assets located in the United States, which are Browns Canyon and Overland Pass. The Bolo project is located approximately 60 kilometers (km) northeast of Tonopah, Nevada. The Eastside Project is located approximately 32 km west of Tonopah, Nevada. The Four Metals project is located in the Patagonia District 16 km north of Nogales, Santa Cruz County, Arizona. The Company holds a 100% interest in the Goldfield West project, which consists of 105 mineral claims, subject to a 2% royalty. The TS Prospect lies approximately 2.2 kilometers east of the eastern-most claims of the Eastside Prospect.


TSXV:AUAU - Post by User

Post by Whateverrron Mar 29, 2023 5:54pm
189 Views
Post# 35367960

Be Careful

Be Careful2 weeks ago the CEO put out a NR that states how they are singularly focused on the Eastside property and will be so for the next 12 months.  The drill results were not great or encouraging.  Just a few days ago there was a new NR that says they picked up new claims MILES away from Eastside, they are encouraged by Lithium ???? and will be drilling it this summer.  If you are a holder you should be concerned.  The CEO's claims don't even hold up over 2 weeks.  1.  I thought they were a gold co explorer  2.  Years ago they were drilling all over 5-8 properties of theirs, that failed, so the mothballed much and farmed out a few, new CEO  " oh we are all Eastside now"  even this recent NR.  3.  If Eastside is "all that" why are you now picking up brand new property, not Eastside or one of the many properties that is NOT farmed out and was supposedly custom curated, picked out and acquired by the 'legendary' geo Andy Wallace.....  4.  Brand new property and drilling  $$$$,  do they no longer see hope in Eastside ?  Scary erratic management, misleading and shady.  You need luck to hit this on this thing now.  IF you are paid like management it won't matter if you hit or not, the longer you can play it out the more insane amounts of income you can bring in to you personal coffers.  Obviously I don't own this stock.  But be sure to check out the latest presentation for current information from April 2022.  $354,000 a year for IR buys you a broken website and 1 year old presentation, no presence at PDAC or any meaningful gathering of sophisticated or institutional people.  Kinross tossed some money at it but that won't continue of they keep pulling up nothingness.  Maybe Kinross sees nothing viable at Eastside now and prompted Allegiant to acquire new properties?  You wouldn't know because they don't communicate well with investors.  :  )
<< Previous
Bullboard Posts
Next >>