Stratex Share Discussion Threads

[juju44] 02/3/2017 12:52

More likely he is using the bad news to condition punters in preparation for a horror story which he can then blame on Bahar saying he has already told us about that

[exbiz] 02/3/2017 12:45

Just one week now until annual results due. Would be nice to think that Marcus perhaps delivered this weeks news of payment issues with Bahar as a shove to them to make payment rapidly and that we might even get it before results due. Unlikely but would be a massive fillip to the share price if it did happen. Even so be good to see if there's any expansive reasoning to Bahar's cash distribution position that can be divulged in the end of year report.
Be very interesting to see what the cash position is with cash and cash equivalents stated as £4.132 million at year end 31 Dec 2015. Admin last financial year was £2.145 million and the company stated "The major forecast expenditure in 2016 is likely to be the further exploration at Homase/Akrokerri and at Dalafin". There was as it seems clear now very little exploration work at Dalafin and minimal drilling at Homase/Akrokerri with Stratex only stumping up a proportionate amount of this based on our shareholding in GRL.
It would be nice to think we still have a reasonable amount left and that the profligate days of Bob and Chris are now behind us and that we could still have circa £2 million + in the bank.

[romeike] 01/3/2017 14:15

Gold price under pressure as "Trump trade" starts up again. Won't last.

[shortarm] 01/3/2017 14:10

Once the cash distribution issue is sorted then the TSR results and visible gold will start having an impact.A massive impact I think! TSR have some great licenses and Stratex is the only way to get exposure to them presently.....

[charles clore] 01/3/2017 14:06

King - when market opinion is swayed more by director buying than production ounces and promising new areas of development then something is skewed. Surely director holdings are determined by the amount of spare cash a director can afford to divert into the company. It certainly isn't about seeing long term profitability and feeling obliged to buy stock for fear of upsetting PIs.

[shortarm] 01/3/2017 13:53

AAU is already looking to Tavshan to increase production to 50,000 ozs per year.It's a couple of years away but it will come....

[romeike] 01/3/2017 13:50

AAU is all about sentiment right now.

[kingivor] 01/3/2017 13:40

CC, AAU's directors were consistent buyers of their equity - that's one big difference.

Why hasn't Marcus bought any other than a closed period excuse. My guess is that he will partake in the placing that is ahead. Without revenue from Altintepe they must surely place equity soon. 1.5 p ish is not the end of the world.

[charles clore] 01/3/2017 13:25

Market makers don't just give money away, the price was raised for one reason - to attract sellers which means they wanted the stock.I am still having some difficulty getting my head around why AAU is currently commanding more than twice the STI market cap and believe the price has quite a bit of catching up to do.

[shortarm] 01/3/2017 13:05

It wasn't meaningless for the two sellers was it!!??!?

[juju44] 01/3/2017 12:36

There you go, no volume made the jump meaningless

[kingivor] 01/3/2017 12:35

Liquidity is tight ju. Its going to 4p+ for the drill raise.

[goldenshare888] 01/3/2017 12:34

They want your shares, there is nothing like a CEO mentioning VISIBLE GOLD in recent drill core to get the juices flowing!

ThaniStratex and GRL will be the excitement for 2017.

Turkish mine investment will get sorted in due course.

:))

[juju44] 01/3/2017 12:30

Up on no volume .

[kingivor] 01/3/2017 12:29

Last chance GRL sub 2p

[goldenshare888] 01/3/2017 12:14

I know romeike, but I expect big move in next 6 weeks as the potential is realised.

VISIBLE GOLD! RESULTS PENDING from TS.

:)))

[romeike] 01/3/2017 12:07

Steady on mate, there's a way to go yet.

[goldenshare888] 01/3/2017 12:04

1.75p bid, buys from yesterday in profit already!

Lots more to come here...


:)))

[luminoso] 01/3/2017 11:33

Fair play to you, exbiz. You have always said that TS was the future. Pity it took them so long to come up with these grades.

[exbiz] 01/3/2017 08:13

Well with many more results due in from drilling by TS and some cores showing visible gold it's hardly surprising on top of the already excellent recent results demonstrated there, especially as STI are the only exposure to success there too. It will take many time to recognise this fact but as it becomes common knowledge investors will pile in.

[juju44] 01/3/2017 08:09

roll over - forget it

[georgesorrow] 01/3/2017 07:59

Looks like there were two 1.3m's, another just under 1.95.

[goldenshare888] 01/3/2017 07:52

1.3M BUY @ 1.95p helped. Someone is confident.

What a recovery story, onwards & upwards I reckon.

:)))

[soulsauce] 01/3/2017 07:49

Yes luminoso looking a lot better and I have stopped itching ;-)