Stratex Share Discussion Threads

[exbiz] 11/11/2016 11:18

You do wonder if even Harry Potter could lift this cursed share price

[steve1905] 11/11/2016 09:30

Stratex's history of investment has been truly abysmal. Bob and the good ol' boys knew how to waste money. Will they keep chucking good money after bad at GRL? Thinking about it, throw some more money in the pot, we've got our revenue stream to think of. Who'going to pay the 1500 pounds a month if we don't?

[juju44] 11/11/2016 09:04

Good point DW

[dogwalker] 11/11/2016 09:02

Well, we're that bit closer to closing that gap in the chart from 20/21 Oct, down to 1.90p : the only possible consolation for the current miserable drop back in the share price

[shoggoth] 11/11/2016 08:43

Daniel, I wonder why did our CEO not highlight the ThaniStratex results.
Who is running this company?

[sicilian_kan] 11/11/2016 08:22

GRL again proves to be a waste of space.

Djibouti drill results are interesting. 3.16 m @ 6.79 g/t Au from 20m is promising for a first drill run. Also 17.4 m @ 2.24 g/t Au at surface (but broken with only 50% recoveries)

Chip channels are good:
Ay-Ch-02: 19m@4.18g/t Au
Ay-Ch-05: 21.6m@1.58g/t Au
Ay-Ch-12: 6m@10.35g/t Au
Ay-Ch-16: 26m@4.72g/t Au

Definitely worth a second round of drilling.

Importantly, this is not Pandora which is still, astonishingly, yet to be drilled!

[danieldruff2] 11/11/2016 08:02

Forgettable drill results from Goldstone.

Someone on LSE spotted that Djibouti drill results are out at Thani, also rather lacklustre

[punkfeelinglucky] 10/11/2016 23:24

Surely Marcus will give guidance on distribution as that is what is being clamoured for.

[corguv] 10/11/2016 21:35

First gold pour annual anniversary this month

[charles clore] 10/11/2016 21:33

Yes I am hoping that will be the case. Even if AM is not ready to start distributing dividends it would be nice to know the production and sales figures.

[blobby] 10/11/2016 18:21

Charles I'd be happy to be just rewarded, never mind justly rewarded :-)

[greedfear] 10/11/2016 16:45

And believe me, I wan't out, boy do I want out, problem being I'm holding too many to get a decent price. So I'll have to wait till this POS has its day. But, will it ever? Whatever they do and who ever does it they're in the habit of adding to confusion.

[greedfear] 10/11/2016 16:38

I understand fully well it's not the partner that pays us. If the joint owners both agree the JV will pay. Surely we can use the cash and would like cash distribution. The reason we're not getting it must be because Bahar is frustrating that.
And I also fully understand Bahar has not received distribution yet (pretty sure their costs have been paid and they keep on adding to costs that should be paid before any other distribution).
Bahar is running this venture and I don't like (trust) all the money is being kept in Turkey. There are too many ways leading to the the same point where STI gets nothing.

The fact that STI doesn't disclose what exactly is going on over there (and Bob's sudden retirement) strenghtens me in thinking there's something rotten in the state of Denmark.

[shortarm] 10/11/2016 15:46

The partner does not pay us???The joint venture will distribute cash to the JOINT owners of the company.Bahar have also not had a 'cash payment' as you put it....

[greedfear] 10/11/2016 14:53

No thank you, I'll sell if I feel the price is right. Fact is, we've got a partner that keeps changing the rules but the outcome is always the same: no cash payment.

[juju44] 10/11/2016 14:34

Nah , prefer to be miserable here

[shortarm] 10/11/2016 14:25

Wow, you boys like your conspiracies don't you!!They're actively looking at further JV's with out current partner....How can profitability be determined until further mine life and maintenance is decided?? 9Years of mining takes more tidying up than 3 years of mining!!?!?Just sell what you've got left and go be miserable elsewhere!

[flavio_monteiro] 10/11/2016 14:22

Crazy spread 17% I had to pay 2.10 for a top up! MM not looking for business or news tomorrow?

[greedfear] 10/11/2016 14:13

I'm not so sure I want to know the facts. As I'm sure once the obvious is shared with mr Market this will go down like a hippopotamus trying to fly after being pushed from the Trump Tower. I'm still waiting for a real uptick in the share price to get out of this nightmare.
It's clear isn't it? Bob f. up and now we're walking on Bahars leash. All we can do is to be nice, wag our tail, don't bark and be obedient and then, maybe, if our boss feels like it we'll get some leftovers.
With friends like Bahar who needs enemies?