Stratex Share Discussion Threads

[tadtech] 02/8/2017 08:45

Nothing available on-line currently 'at best' even on full offer, a long while since that happened. I think sentiment will turn quickly here once more news is released.

It seems confidence is growing over in Australia, have received a few messages from longer term Crusader shareholders who believe the merger will be a real turning point.

Hard to believe this time last year Stratex shares were around 2.5p, now people can buy in at half that, in my view the forward prospects are significantly enhanced.

[charles clore] 02/8/2017 08:24

Well I certainly won't be selling any more of these and may even be adding. Today's news has demonstrated the company's desire and ability to shed dead wood and I like what I see in the tea leaves.

[tadtech] 02/8/2017 08:16

This has to be good news, the Posse mine was coming to the end of its natural life without significant investment, it was draining cash, clearly the new business intends to be lean and focused.

I am wondering if Stratex will make some disposals, the obvious one being the 30% stake in Thani-Stratex which could be worth £3m-£4m on IPO. That is not is the current share price at all!

Whichever way you look at this the current £6m market cap of Stratex is crazy, the cash position covers that alone. Now with Crusader looking leaner even more-so.

[goldenshare888] 02/8/2017 08:04

Ah, I see why the c 13% markdown here yesterday!!!

Another c £2 MILLION CASH in the pot to fund a goldmine.......

LOL

[aussiebeach] 02/8/2017 03:02

Something for you Poms to get your chops into.

Crusader sells the loss making Posse Iron Ore mine for A$3.2m, that's a crackerjack price for something written down to nil book value. Make that £2.1m for you Poms.

Get a tinnie and chill out, good news, just the start.


hxxps://newswire.iguana2.com/af5f4d73c1a54a33/cas.asx/6A845605/CAS_Crusader_Enters_into_Sale_Agreement_for_Posse_Iron_Ore_Mine

[juju44] 31/7/2017 16:15

Charlie , as PMs dont obey market rules ,I make no forecasts other than to believe they will soar sometime - when it suits the crimms.. I hope its now , you never know. , commercials appear to be rushing to close shorts ,so you never know

[charles clore] 31/7/2017 16:09

juju- would you say silver is breaking out today?

[juju44] 31/7/2017 16:06

Yes there has been a bit more volume but its all sales

[shortarm] 31/7/2017 15:38

Looks like Juju talking hoop output again?Can't you mention volume?

[juju44] 31/7/2017 13:12

Looks like punters heading for the hills

[broken_arrow1] 28/7/2017 12:23

Optimism seems to be growing in Australia about the merger. Taken from another site, someone has done decent research.




Per FactSet there are 48 precious metals companies listed in London with a market cap of sub US$200m. Between US$20-$200m it's only 25.

Marcus CEO of Stratex a weapon, fresh promotion of this name and access to multiple of debt / mezzanine funding options which you get in London and across the pond in NY, plus a South American asset does better in London or Canada is why I am buying more of this company.

Hannan partners best corp Finance in U.K., they are just looking at this and saying way to cheap, no access to capital & put this in better jurisdiction and everyone can make out.

[romeike] 28/7/2017 09:51

Oh no, you said the B word.

Can someone please explain who decided that dumping the catastrophe that is the EU and heading immediately to WTO and new trade deals with countries that are actually growing was not better than having to listen to Phil "The Drip" Hammond whining on for another two fricking years?!

[goldenshare888] 26/7/2017 08:18

Don't forget Brexit, cricket, and warm beer!

[aussiebeach] 26/7/2017 06:17

G'day

100% stake in Lithium project, Portugal, ratified, close to operating mine. New addition for Stratex portfolio after merger.

Lithium is the buzz word for you Poms right.

[novicetrade68] 25/7/2017 15:27

Hopefully a lot of stale bulls have already run for the hills, so that there won't be too much selling pressure on the way to 2p.

[juju44] 25/7/2017 14:36

I want this to be sustained but frankly the lack of volume gives little confidence. Looks more like MM games with the lumpen

[tadtech] 25/7/2017 13:54

I am wondering if a few wise folk are starting to crunch the numbers and find the Stratex share price, at current levels, too good to be true.

I have been adding and think the new merged company will attract a great deal of interest. During the Vox podcast yesterday Marcus implied there may be news other than Crusader. Hopefully so.

The fall from 1.85p range seems overdone.

[goldenshare888] 25/7/2017 13:34

We've had the stuffing (:-/), now we want the gravy...

:))

[goldenshare888] 25/7/2017 13:33

We've had the stuffing ( :-/ ), now we want the gravy....

:))

[goldenshare888] 25/7/2017 11:56

I have added on recent dip for hopefully a double bagger before Christmas!

:))

[juju44] 25/7/2017 11:50

Need some volume to make this lift meaningful

[goldenshare888] 25/7/2017 11:35

I have added on recent dip, hopefully for a double bagger before Christmas.

:))

[broken_arrow1] 25/7/2017 11:20

Fill your boots at these levels, the shares have fallen from 2.5p last October and were 2.2p in February. Heavily oversold.

Stratex has acquired a company with a 2.7m ounce gold resource for $15oz in the ground compared to the usual $40-$50oz. Only stale bulls are complaining.

[goldenshare888] 25/7/2017 11:04

Marcus reminds me of every estate agent I have ever met (100's), full of hot air and not much good at negotiating!

:))

Could this Turkey double in value by Christmas - I think it just might!

:))