Xtract Resources Share Discussion Threads

[bernymadoff] 14/10/2021 21:44

XTR telegram group link

[the diddymen] 14/10/2021 21:39

There was just one other comment on the projected drill holes map that was issued. There are two areas of lower resisitivity to the South East and South West. While all the future drilling is in the SE, if you look at Google Earth the two gold(?)surface mines are both in the SW. Maybe more to go yet. Footrot may get nudged again!

[goforgold1] 14/10/2021 21:37

Still have sellers shame short sited people on here . Flipping for peanuts

[the diddymen] 14/10/2021 21:31

I have seen reference to it on LSE but I have never sought to join the group.

[qazwsxedc69] 14/10/2021 21:12

Thanks for this. Is there an XTR telegram group do you / anyone else know? Cheers!

[the diddymen] 14/10/2021 21:01

First feedback from meeting on LSE:

Some dialogue from CB:
- 'geophysics in the SE is far better than Racecourse'
- it's much bigger than anyone could have imagined'
- Can honestly say, as we stand, this lot here (current open pit drill zone) puts xtr on a world class scale'
- The only thing he ca say with certainty 'we've got a big un'
- 'will it ever be a mine, will it trigger hte AA option, yes'

My only comment was that as soon as I saw the drill plan, on the assumption you drill the centre first, the SE extension is significantly larger than the inferred resource area. It appears to be the other way around the inferred resource is an extension of the SE.

As ever a bit of drilling and assay to be done.

[denjon] 14/10/2021 20:49

Exceeded 10m!

[papillon] 14/10/2021 20:41

Well, TD, I've probably taken leave of my senses, but I had a very small punt on one of "St Colin's" other vehicles, BZT. I'm gambling that it's bottomed out. We shall see!
XTR is now my largest holding. Also got significant sums (for me! 🤣) in PXC & ATYM. I've gone overboard on copper! 🤣

[goforgold1] 14/10/2021 13:57

Nearly 7 million shares . By 2pm could reach 10 million

[chris cat] 14/10/2021 13:43

What is appearing on? Zac Mir?

[the diddymen] 14/10/2021 12:03

A nice stage set for St Colin today.

[all in eol] 14/10/2021 11:44

All coming together nicely, the building production from other projects is very helpful right now given the permission to drill some more ‘oles.

[denjon] 14/10/2021 11:27

Volume approaching 5m, way up on yesterday and not even midday yet.

[papillon] 14/10/2021 10:52

Well I've had my doubts about CB because he has been involved with far too many listed mine explorers, but credit where credit is due! He is playing an absolute "blinder with XTR".

[goforgold1] 14/10/2021 10:52

Mms not playing i see for the flippers lol nice to see

[brasso3] 14/10/2021 08:30

Little shake first thing the norm on the AIM casino

[chesty1] 14/10/2021 08:15

Dipped it red and blue we go

[denjon] 14/10/2021 08:09

Idiotic negative start to the share price Well that will soon be rectified big time.

[avsome1968] 14/10/2021 08:06

Good update keeps the pennies coming in and gold on the up copper going ballistic exciting times ahead.

[goforgold1] 14/10/2021 08:02

Strange down nearly 4% . O well let mms have there play .

[goforgold1] 14/10/2021 07:57

November could be even better month . By the we should have more resource reports out as well.

[the count of monte_cristo] 14/10/2021 07:34

Let the trend be your friend and the chart looks like a stock ready to take off. Did keep saying that Oct would be a great month for us and indeed this sector:) What a big head:))

We also need....

1. An updated website
2. An updated company presentation
3. All the maps and information in the recent RNS's to be added to the Bushranger project page on the website
4. Broker notes - can we get some coverage and add these broker notes to the website
5. News on when we will receive the next updated JORC. After all of p2 drilling?

[the diddymen] 14/10/2021 07:29

'Opefully St Colin will open up today now he has more evidence. Still time for one more RNS.

This has the 'feel' and I am fully expecting a 0.5p spread as we head to 6p! The current levels of trading will start to limit the sales before too long. As we have all observed before (both ways) when it happens it tends to be exponential.

[goforgold1] 14/10/2021 07:24

Will depend if mms want toPlay

[the diddymen] 14/10/2021 07:24

If anyone is going to todays meeting, it is only a small point but below is the company strategy per the website. Could someone ask the company to update its strategy.

"The strategy is to identify resource projects which satisfy the criteria of reasonably advanced, good mining jurisdiction and economic projections which suggest a hurdle rate of return in excess of 25%.



The current focus is on the Manica mine in Mozambique which satisfies all of the above. On 28th February 2017, the Company announced that it had completed the Definitive Feasibility Study for the open pit operation of the Company’s Manica Fair Bride Gold Project in Mozambique. Concurrently we will proactively and reactively assess how best to transfer opportunity to shareholder value.



We continue to review all options for future projects and maximising current value.

The Right People
Xtract aims to source talented individuals who can contribute at board and senior management levels, and who have the necessary qualifications, experience, enterprise and motivation to develop and grow early stage assets and businesses. Xtract expects to maintain a small core executive management team on a full time basis and to use its wide network of industry associates to access the necessary skill sets and experience required on a part time or when required basis. Where specific expertise is needed, acknowledged expert consultants are retained. Xtract seeks to develop relationships with internationally recognised industry partners who are best placed to progress early stage assets and businesses along the value chain."