Stratex Share Discussion Threads

[goldguru2017] 22/9/2017 14:29

Kestrel Gold (TSX Venture Exchange symbol KGC.V)

Please allow me to bring your attention to this low-market capitalisation, high potential gold/copper exploration company that has assets in the ‘Eye of the Storm’ – the White Gold Area in the Yukon, Canada.


- Recently acquired acreage in one of Canadas most prolific gold areas – the ‘Eye of the Storm’ White Gold Area in the Tintina Gold Belt.
- Easily accessible, excellent infrastructure, safe jurisdiction.
- Sampling just finished, funded drilling programme about to commence
- >100g/T Gold sample from Clear Creek – excellent potential
- Peak values of 12,400 ppb Au from soil sampling on Val Jual
- Relative low market cap – CDN$5.0 million
- CEO with proven track record of growing public companies share price by multiples
- Leading Canadian gold geologist, Jean Paulter, running drilling campaign
- Nearby to discovered goldmines (Coffee, Golden Saddle)
- Val Jual /10 Mile Creek acreage surrounded by active 2017 programs by other companies
- Drilling news flow expected before year-end

Please do your own research on the Company before investing. Thank you for your time.

[ryanandbethanjones] 22/9/2017 12:59

Great idea to have the new stratex websiteIs there any chance of an electronic form to put your name and holding so mr Foord and mr Hall can see exactly how much of the current shareholder base are in agreement with them?

[blobby] 22/9/2017 12:29

Wow, great stuff on the "New Start for Stratex" website. I've never seen anything like this before in companies I've followed. Thanks goodness someone is willing to stop the current madness at Stratex under Marcus.

[romeike] 22/9/2017 12:11

see www.newstrat.co.uk

[youngharry2] 22/9/2017 10:03

The market is saying this deal was negotiated on bad terms for STI and even if the terms were better STI shareholders would end up with more of the same: more stranded assets, more cash burn, lower share price ..

Shareholders are saying and will shortly confirm they are against the deal

Marcus as romeike said, resign now and retain some dignity

[goldenshare888] 21/9/2017 14:55

Engleburk has to go!

End of.

[romeike] 21/9/2017 14:38

He gets stars in his eyes so much that he hasn't even bought any of his own stock.

[tadtech] 21/9/2017 14:31

The latest attempt to gain support, yet again fails to mention the dilution, excessive salaries and the very weak financial position of CAS. It hints about overpaying but no explanation.

[romeike] 21/9/2017 14:09

Unfortunately, even with a cheaper acquisition Stratex + Crusader would burn through cash at a totally unsustainable rate and the result would likely end up the same. Massive dilution.

[aircomm] 21/9/2017 13:41

I have written to Marcus today in similar terms.

For me, the remaining question is whether there is a deal to be done with Crusader at 5 or 5.25 STI share per CAS share. The psychology says no, but I can see CAS becoming vulnerable quite quickly.

My prediction? The Hall/Foord plan works, some disposals/cost saving and a take out north (but not far north) of 2.5p within 2 years. Let's see.

[romeike] 21/9/2017 11:18

I already posted the correct holdings:

Number of Shares Held at 30th April 2017

Independent Shareholders:
AngloGold Ashanti 53,710,219 11.49%
BlackRock Investment Management 37,150,904 7.95%
Teck Resources Limited 35,727,487 7.65%
Orion Trust Limited 26,469,925 5.67%
G. P. (Jersey) Limited 20,000,000 4.28%
Antofagasta 10,362,694 2.22%
Thani Emirates Resources 10,263,013 2.20%

[romeike] 21/9/2017 11:14

My letter today. I hope that any of you who care enough about this will also contact Marcus at [e-mail] and [e-mail] with a communication of your own.
--------------------------------------------------------------------------------
Dear Marcus,

I am a private investor and Stratex shareholder controlling approx.
4.8 million shares.

I am writing to you today to express my hope that you will take
sensible heed of the growing and overwhelming opposition to the
proposed takeover of Crusader and accede to the requisition
shareholder proposals now to save further, protracted damage to the
Company.

After extensive consultation I am very confident that all the major
and larger private shareholders will be voting for the requisition
shareholder proposals and therefore fully expect all proposed measures
will be passed on the day.

Your termination of the deal and dignified resignation now would save
unnecessary expense and humiliation.

Kind regards,

----- ENDS ------

[exbiz] 21/9/2017 10:20

It's easy for Engelbrecht to endorse vile twitter posts advocating shooting shareholders owing to the fact he has no interest whatsoever in being one. He is showing himself to be an appalling individual cast from the discarded offcuts from Donald Trump.

[bastiat79] 21/9/2017 09:39

All aussie gold miners are down about 5% today on Fed announcements and gold price. Imagine that gold price is the reason Stratex is down too. Both companies will live to fight another day should the deal not go through. Maybe will give Stratex shareholders ammo for any negotiations.

[romeike] 21/9/2017 09:32

Crusader share price sliding to 9c a share. I don't like the idea of Crusader shareholders taking this pain but at the same time is demonstrates further how bad this deal is at 18c.

[tightfist] 21/9/2017 09:03

Many thanks for all the informative posts, the executive remuneration and re-Tweeting of TW tosh by STI takes the biscuit. Certainly changing my outlook.

[shoggoth] 21/9/2017 08:29

Most shareholders are very samll. Marcus knows this hence the disinformation campaign by him and his toady Tom. Even the pr agency we used to have are against it.

[steve1905] 21/9/2017 08:05

'Sprott 7.7%' I believe they threw the towel in after the Dalaphin fiasco.

[bastiat79] 21/9/2017 04:45

Interesting Gents. Certainly sounds like mutiny to me. Don't knock your motives as you know your position better than me. I still think the crusader deal could add alot of wealth but if you have a better option then I am impressed if you can challenge the requsition. Wish my fellow shareholders in Crusader were as vocal.