Altyn Share Price (ALTN)

Thank you Daisan, thanks for taking the tiem to reply and inform!

R.N.S.
A update is it snowing on MARS !
Great News at last maybe the share price will go up now . G.L.A.

Great movement on two trades..... lol

Some didn't survive whilst all cut back hard (to their ultimate benefit). The field became a lot thinner with some large entities and then the best of the rest. The higher cost entities either stripped back or put their operations on care and maintenance. However, consider that costs were also a lot lower so the cash costs were a lot lower and it is the cash costs that determine the short term survival as in a tight market exploration and development costs are cut completely.

Gold is always famine or feast.

Hi hope you don't mind me asking a question on your board. I am interested in gold mining companies and the raw asset itself. Now i know this is looking along way back into the past but how did gold producers stay in business say in 2004 when gold was like £220 an ounce. Unbelievable, even taking inflation into account that might be like £400-450 an ounce, must have felt like gold could be bough for "free" or to be less dramatic at a discount to its perceived value.

Thanks to anyone so kind to read or reply,