Stratex Share Discussion Threads

[shortarm] 03/8/2016 09:09

Two sells and the price goes up?

[goldenshare888] 03/8/2016 09:04

I am liking the look of this and feel the chart may target 4p - 6p area before too long.

dyor etc

NAI

[steve1905] 02/8/2016 22:17

Use your old username clan,

[juju44] 02/8/2016 19:46

Lousy volumes make any share price movement pretty meaningless

[luminoso] 02/8/2016 16:07

That tick down effectively occurred an hour or more ago but only now acknowledged on advfn chart. MMs tried to engender a bit of excitement, but it did not keep its momentum. As juju says, volumes paltry. Maybe tomorrow.

[juju44] 02/8/2016 15:58

Paltry volumes as usual

[goldenshare888] 02/8/2016 15:37

PM Mining Boom coming......... :))

[tadtech] 02/8/2016 15:20

This recent appointment suggests something may be up.........

Hannam & Partners

Our dedicated metals and mining team has executed some of the most high profile transactions of the last 30 years for clients including BHP Billiton, Xstrata, Ferrexpo, Hochschild, New World Resources, Kazakhmys, Gem Diamonds, African Minerals, Kenmare Resources, Gemfields, Yamana Gold, and Petra Diamonds.

[charles clore] 02/8/2016 15:06

Tad - I would hazard a guess you are right. People don't start suddenly buying if they are unsure. It seems someone might know a little bit more than we do. A little bit of confidence goes a long way.

[luminoso] 02/8/2016 15:05

It certainly appeals to me.

[tadtech] 02/8/2016 14:52

I would hazard a guess that news may be in the pipeline, we know they said they would update quarterly.

I am wondering if the delay is due to some corporate move concerning the mine, could Stratex be contemplating selling their 45% stake to Bahar?? Must be worth Bahar's consideration if so.

I checked last night if Bahar had enough funding to offer Stratex £20m-£30m and it seems they do, a sale cannot be ruled out.

I know this is conjecture but Stratex has repeatedly talked about acquiring distressed producing assets in West Africa and a decent cash sum (double that of the current market cap) may appeal.

DYOR etc

[steve1905] 02/8/2016 14:44

Bob may have his feet up, but it would be great to know that Baha are actually paying Stratex's share

[observer007] 02/8/2016 14:39

Gold motoring, most juniors have gone up 2x 3x 4x except STI, definately under the radar here but dam good value.

Even at 4p the market cap would be under £20m

[luminoso] 02/8/2016 14:38

Yes, if this holds.

[laptop15] 02/8/2016 14:25

Looks like i might have timed my buy back in earlier well :)))

[luminoso] 02/8/2016 14:22

No big trades, unless we get a late reported one of better size this evening.
Edit. It seems you can buy under the mid price at the moment, too.

[charles clore] 02/8/2016 14:21

Whoops - up she goes again!

[gamesplayer] 02/8/2016 14:19

Someone seems to know something....

[tadtech] 02/8/2016 14:10

It can only be a matter of time before the market latches on to this hidden gem.

Market cap circa £10m with £2m cash + expected Q1&Q2 cash circa £1.5m-£2m imminent + 45% interest in producing gold mine + 33% interest in Goldstone + other project stakes.

No debt, no dilution for 4.5 years.

Under the radar but not for much longer!

[luminoso] 02/8/2016 14:09

Now, who was it again who said on these boards ( the old one ) many months ago that August was always likely to be a good month for an advance in Gold...... ?
:-)

[luminoso] 02/8/2016 14:04

Not released to us, Charles.............yet.

[charles clore] 02/8/2016 14:04

Er... any news released? It looks a huge leap for no reason.

[shortarm] 02/8/2016 14:00

Where Juju to moan about volume??:-D