Stratex Share Discussion Threads

[kingivor] 26/2/2017 20:01

Grl will undertake an aggresive second round of drilling to get the inferred and indicated into the measured resource starting almost immediately. The clues are in the new website. This is going to cost circa 1/2 m £, but having raised £1m at 2.5p and following half-decent first results the stock is in play.

[youngharry2] 26/2/2017 19:47

Could be taking time to agree the whole mine life costs as opposed to calculate them

[exbiz] 26/2/2017 16:01

Can't think why TS would want to be associated with GRL.

[charles clore] 26/2/2017 15:26

Tad - you could be spot on there imho

[tadtech] 26/2/2017 12:48

Pure speculation but what about Goldstone - Thani-Stratex - Stratex merging into one listed company.

Would save significant G&A/listing costs for starters.

[shortarm] 25/2/2017 19:11

King, tell us what you're thinking.....?

[kingivor] 25/2/2017 12:23

Look a bit deeper then g

[goldenshare888] 25/2/2017 11:02

Does not look much different to the old one!

Yawn....

[kingivor] 24/2/2017 16:26

Grl new website up and running. get in now

[juju44] 24/2/2017 16:02

Yes Charles - too many . My money would have been much better employed elsewhere but dont tell me to sell

[charles clore] 24/2/2017 14:57

Ju - do you hold many? There's a good chance of news in the next couple of weeks so fingers crossed. Don't give up the day job though, lol.

[juju44] 24/2/2017 14:52

The frantic cut and thrust of all these trades is bad for my blood pressure

[shortarm] 24/2/2017 12:59

Rome, is that based on three years or nine years? Or with the drilling they've been doing twelve years?

[romeike] 24/2/2017 12:10

Assuming they have all the information they need and they are fully able to meet and work with Bahar representatives on this issue, no calculation should ever be taking the better part of a year. They have had a full year at full production capacity so they have everything they to estimate forward costs.

So what's the problem!? There must be another explanation and it's not financial or technical.

[juju44] 24/2/2017 11:43

They need to go back to primary school as they have been trying to do that calculation for the past 9 months

[blobby] 24/2/2017 10:54

YoungHarry,

"The announcement they are calculating whole mine costs and continued radio silence combine to suggest the terms of sale of Altintepe are being negotiated."

To me calculating whole mine costs just seems normal and sensible before calculating any profits. I would expect the Turkish authorities would insist on this so that they are assured there is always cash to cover a clean up if a mining company fails. It might also be necessary before filling in a tax return.

[kingivor] 24/2/2017 09:56

Buy the gold juniors now. Gold 1256 $/oz and rising

[youngharry2] 24/2/2017 09:36

The announcement they are calculating whole mine costs and continued radio silence combine to suggest the terms of sale of Altintepe are being negotiated.

Last time they realised cash, the BoD went to a black tie dinner, picked a piece of plastic called an award, handed themselves bonanza scale bonuses, squandered the cash and destroyed the share price

This time let's hope the BoD skip steps 1,2 and 3, invest the cash wisely and create and return shareholder value. Last chance saloon for this company and shareholders.

[exbiz] 23/2/2017 17:28

YH it could be a mirage or fantasy but what else do we have to go on under the current bizarre incommunicado stance that King Marcus has initiated.

[luminoso] 23/2/2017 15:55

Pretty much agree, YH. Which is why I expect a sale of altintepe first, then muratdere, and then a concentration on Africa. I am guessing that is likely to be Marcus' bent, but I am invariably wrong.

[youngharry2] 23/2/2017 15:00

Shareholders haven't had a drop of good news in years, no wonder they are seeing a mirage of a sale and 5p per share, pure fantasy. What market evidence is there of cash players buying rag bag portfolios?

[gamesplayer] 23/2/2017 14:47

I would not be happy with 5p either. 10p cash would swing it though. Share for share would be higher.
Probably being greedy...

[charles clore] 23/2/2017 14:43

Exbiz - I agree with you. So would you be happy with the fair market price of say, 10p?

[luminoso] 23/2/2017 14:41

5p would do me by the way, Charles. It would just be such a relief not to care any more !!

[luminoso] 23/2/2017 14:40

What happened to kitco gold charts everywhere ?