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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. Its flagship project, the district-scale Eastside project, hosts a large and expanding gold and silver resource and is in an area of infrastructure. The project is located approximately 32 km west of Tonopah, Nevada. The Company’s projects include Bolo, Goldfield West, Browns Canyon, and Overland Pass. The Bolo project is located approximately 60 km northeast of Tonopah, Nevada. The Browns Canyon project consists of over 146 unpatented mining claims, and it is located on the prospective Battle Mountain Gold Trend of Nevada. The Goldfield West Project is comprised of approximately105 mineral claims and subject to a 2% royalty. The Overland Pass Project is100% owned by the Company, and it is located approximately 90 km south of Elko, Nevada.


TSXV:AUAU - Post by User

Comment by Whateverrron May 28, 2021 1:59pm
84 Views
Post# 33287274

RE:RE:RE:RE:RE:RE:RE:RE:RE:Valuation

RE:RE:RE:RE:RE:RE:RE:RE:RE:ValuationIt was gambling before the news but now it is a solid investment choice ?  Risk is reduced ???   What?  The stock just went up 50% after the news.  The CEO does continue to buy and his buddy shawn but the famous geo Andy Wallace sees so little value that he owns less then $15,000 worth of stock after being apart of the company for 10-15+ years.  There are a lot of other issues which are very concerning.  And highly likely unless they come out with news soon of a major agressive follow up campaign the stock price will fade a bit.  How much cash on hand for the company?  Why is the website broken?  Why is the latest presentation from October 2020 ?  The social media sites they link to are all way out dated some as old as 2019.  Which seems updated compared to the website which lists on the home page "what's new" section to 2018 items.  Take a look at the CEO's salary of nearly $400,000 to $500,000 ( not including options)   Look at the details....he gets paid as a CEO and then his corporate entitiy gets paid a near equal amount for " magagerial duties"   And the $400,000 to $500,000 per year on  investor Relations ?   where is that money going, there is no salaried IR person, broken webpage etc.  Oh and google the CEO.   He is not solely  focused on this company, he is connected to a ton of other ones as founder, ceo, director advisor, etc.  Just added a new one, a copper company.   So I disagree that there is no risk and this is a no brainer investment.  Can it go up, yes, can they hit some more stuff by drill yes.  Far from guaranteed.  Best of Luck.

Zvezdoliot1 wrote: I bought this stock at 0.27 and now bought after the news, the stock after good drill hole is uauslly sold with premium (as it should be) but in reality it is much cheaper because the risk is reduced, because now you have news on results, plus if you check insider's report you will understand my sentiment on this stock.  I don't  have any specifi targets, it would be too stupid, but the stock is owned heavily by insiders and they just reported drills. It is just starting to move, as you see, what was before the news was gambling, now it is more serious


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