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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

Post by Whateverrron Apr 30, 2024 6:28pm
112 Views
Post# 36016068

Nope, a strategy

Nope, a strategyNope, an investment strategy was used based on what they discussed goal wise a few years ago.  I realized that if they hit on a hole or two the stock would pop big time, make a profit and exit. I looked at what they planned it seemed speculative but possible.  If the array of holes looked like a very solid compendium of results, then hold the stock as they might have a tiger by the tail and possibly a new model to define the deposit more.  Turns out it looked to be just 1 nice hole.  I took the opportunity to exit with very large volume I needed to do so on the USA side.  I wanted out - saw the drill hole to mean one thing - while  the others wanted in thinking it meant to the moon even at the 32-35 cent USA $ ranges.  Not defined as a pump and dump.  Again you have a brand new screen name, no substance to why you are here and your purpose other then massive anger.
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