Xtract Resources Share Discussion Threads

[the diddymen] 14/9/2021 12:14

Starting to put chunks of flesh on the bones.

[goodday1] 14/9/2021 12:00

Let us get back to today RNsSTa

[chesty1] 14/9/2021 11:56

nice update

[goforgold1] 14/9/2021 11:45

Colin Bird, Executive Chairman said:"I am very pleased with the results of these two holes, both of which intersected long runs of mineralisation of varying strengths. Hole 15 intersected a long run of mineralisation in an area of low resistivity within the interpreted high-grade crown of the intrusion and we are pleased that this interception has demonstrated prospectivity at shallower depths. Hole 16 intersected two limbs and strong mineralisation in the proximity of the crown and has provided extensions of the mineralisation to the southeast. I am pleased that we report that hole number 17 has commenced and we have already intersected mineralisation at 118m."

[onedayrodders] 14/9/2021 10:27

Quite relaxed here ... value will win out whether it's 6 months or 18 months.We'll get our pay day Pointless watching the share price movement everyday ... will drive u mad hence why I no longer do it Build your position and put them away for a nice reward at some point IMHO

[denjon] 14/9/2021 10:25

Copper over $9,500mt again at $9,626.Could be $10,000 mt by end of this year, coinciding with further good results from Australia and Africa. Here's hoping. Game,set and match to Colin?

[the diddymen] 14/9/2021 09:45

cboney - there you go! Evidence!

[janhar] 14/9/2021 09:03

There's plenty of stock available - big seller out there

[goforgold1] 14/9/2021 08:42

No interest what's so ever at moment . Unbelievable massive spread mms don't want to deal. No volume what do ever pis gone day traders gone so it's all down now to institutions to start buying stock up . Long road yet . Share price Going knowhere

[the count of monte_cristo] 14/9/2021 07:45

In a world where the copper price is going higher and copper is becoming harder to find.

Positives:

- Appears to occur as one single deposit
- Excellent high grade results, imagine if an exploration stock was hitting two 9m sub-intervals assaying 7.71% and 6.33% Cu!!
- Costs to mine will be reduced if just one single open pit
- Deposit strike has been extended to about 300m
- open to the west-northwest
- 9m of overburden/saprolite at the open pit, suggesting just shallow pre-stripping will be required

Colin Bird, Executive Chairman said: "Results to date from the drilling programme have been successful in extending the deposit strike to about 300m, with potential for expansion of the planned open pit. We are pleased to note that the deposit appears to occur as a single zone and that the previously postulated deposit split appears not to be the case. This represents a much better outcome for mine planning purposes. We look forward to receiving and reporting on the final batch of assay results shortly."

[the count of monte_cristo] 14/9/2021 07:40

Excellent results at Eureka, XTR is not just a "straight punt", don't listen to some of the posters on here who pretend to know what they are talking about but actually don't really know as much as they will have you believe:)) The Eureka project could be a very nice money earner, basically remove the overburden, scoop up the copper and truck it to be processed into a higher grade ore component.

As CB stated in one of his previous videos, the world is not finding large copper deposits and when they do they take 10 years from find to mine. The shortfall in copper is therefore going to have to come from small and medium sized copper projects around the world. Some of these will probably turn into extremely profitable mines.

[qazwsxedc69] 14/9/2021 07:03

Oh yes.....

[cboney] 13/9/2021 21:44

we will see in the morning

[jwafc] 13/9/2021 21:12

There are platforms now that let you buy without commission. I believe that's more plausible than MMs signalling one another - especially in today's connected world!

[oliversydney] 13/9/2021 20:36

It is often denied that a 1 trade is an indicator of a RNS but I have also often noticed it is often the case
If so let us hope is a good one !

[the diddymen] 13/9/2021 20:36

I have seen mention of the significance of small trades but I have never tested the theory. Tomorrow can be a test!

The share price could probably do with a bit of upwards movement, but it will need news, and interpretation of the news. As has been mentioned here it would be useful to have an update on the cash generating capacity of the other company assets.

[cboney] 13/9/2021 17:32

I was thinking earlier i've owned certain shares in the past when a single trade in a share indicated an rns in the morning , and there it is .

[the diddymen] 11/9/2021 12:40

gfg not a bad idea. This is a straight punt on the Racecourse resource. How big is it? It will not be too long before the drill/assay gives more away, but the lack of precise data is going to make reasonable extrapolation difficult. This might delay market response.

In the meantime the algorithm takes the price down on low trade - hence lobbing in a 3.2p might work.

[asitis] 10/9/2021 21:58

As the number of shares in issue keeps rising, the share price keeps falling. Several reports now that PI's are unable to sell. Not looking good at all.

[goforgold1] 10/9/2021 19:04

Well i put buy order in next week at 3.20p

[goforgold1] 10/9/2021 17:42

Can need to buy more stock or this is going drift down again .