Xtract Resources Share Discussion Threads

[bernymadoff] 07/7/2021 13:07

Give it a rest Copper. The man's put £120k into this in the last six months and even if you're a crook you don't throw good money after bad. There was nothing stopping him from putting in a token 10k in the placings but he's taken a decent chunk in both of them. There's clearly a good chance of getting 2m tonnes here maybe more. If you don't think so just move on to something you like and stop pretending to be a good Samaritan. I'll follow AA rather than some bitter little idiot on a bulletin board. They clearly knew that one day someone may come across more copper at Racecourse hence the 2m buyback option.

[copperz] 07/7/2021 11:26

That is just the regular salary from his 3 main AIM companies. I havent even looked at Jubilee or Tiger. Then with all his other directorships like Tiger. His [tax free] salary will be very nice indeed.

For those who are being silly and comparing his salary to bona fide CEOs of bona fide companies. may I add the following all-important caveat:

his companies are mostly highly speculative non-cash/little cash generating companies that exist by placings and share dilutions. I mean my uncle was the CEO of a small pharma company in the USA and earned about £300k but they had an income stream, various drug development projects, and he was constantly under pressure to deliver- when they failed on an important new drug, he promptly got sacked. Who will sack CB despite the share price of all his main 3 AIM companies being down from when he took over, being down from their peaks this year by half?

You cant compare a proper CEO to that 77 year old man sitting in a luxury house in UAE and making a few ramping interviews with Zak whenever he feels the need to placate PIs before further dilutions to their holdings.

Kudos to him though. He has mastered this over the years but I feel reality is catching up with him. I noticed how his last 2 ramping attempts at XTR have failed miserably.

[papillon] 07/7/2021 01:00

Look at OMI. In February it spiked up to over 40p intraday on increased volume. Then it almost halved within less than a week. Then the price gradually decreased on very low volume until it closed below 14p on Monday. But yesterday it was a completely different story. Good news was released and there was a simply massive spike in volume as buyers piled in. Consequently the OMI share price spiked up to over 25p and closed up 84% on the day @ 24.5p.

The XTR share price will probably act like the OMI share price and gradually decline on miniscule volume until the next good news is released and the buyers return in droves spiking volume and the share price up. That's assuming, of course, that the next news is good news. If the news is bad the share price will collapse as happened to oil explorer PRD yesterday, down over 40% on a duster. You pays your money and you takes your choice. Explorers like XTR, OMI & PRD are not for widows and orphans! Only gamble on them with money you can afford to lose.

[onedayrodders] 06/7/2021 19:50

what exactly have they to blame themselves with ?

the share price is down because people keep selling

[jackthecat1] 06/7/2021 18:35

i agree, sadly 2p is well and truly back on the cards. They only have themselves to blame

[kwizza] 06/7/2021 16:16

Does this share only go down

[papillon] 06/7/2021 16:12

Rubbish, bernymadoff. It's dropping because there are no buyers. That's why the shares are dropping. You'll always get sellers, but it needs good news to be issued before the buyers return. Look what happened in January! Good news was issued and the buyers piled in resulting in a big spike up in volume and the share price.

I can see the XTR share price continuing it's gradual decline back to from whence it came (2p) unless there is good news issued again sometime soon.

[joycey1882] 06/7/2021 15:35

I wish they would stop taking it down!

[chesty1] 06/7/2021 15:34

berny I thought that matey at 4p

[bernymadoff] 06/7/2021 15:25

Absolute steal at these levels. Been taken down on next to no volume to shake out the weak

[p5tvr] 06/7/2021 15:17

That will teach you for trying to catch a falling knife,where is your BLUE finish these days????.....LOL

[goforgold1] 03/7/2021 22:51

Well he has got all July to pump it up again . But this time i don't see the same interest . Once bitten twice shy. As they say . Not someone you would trust with your money to be honest . This looks like a pump and dump as well . Amazing by the CEO himself unbelievable you could not write it lol .

[jeanesy] 03/7/2021 20:21

Bad news is always leaked out on a friday. Not looking good here atmo.

[papillon] 02/7/2021 16:54

Does 2p beckon? I can't predict share prices, but looking at the chart it appears possible.

[texaschaser] 02/7/2021 15:58

still sliding

[joycey1882] 02/7/2021 15:47

Not overly exciting RNS about Manica but hopefully on the up from this point. Cheeky that this was put out Friday afternoon.

[the diddymen] 01/7/2021 08:02

May be p5 shorting!

[goforgold1] 30/6/2021 18:53

Someone still dumping

[the diddymen] 30/6/2021 17:22

p5, a perfect short then!