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Bullboard - Stock Discussion Forum 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... see more

TSXV:AUAU - Post Discussion

Allegiant Gold Ltd > Nope, a strategy
View:
Post by Whateverrr on Apr 30, 2024 6:28pm

Nope, a strategy

Nope, 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.
Comment by UltraTired on May 02, 2024 8:13am
Lol, I'm NOT accusing you of pumping and dumping the stock.
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