Xtract Resources Share Discussion Threads

[lurker5] 09/11/2021 13:12

Of course its not beyond the bounds of possibility that - provided drill results come up with more intriguing possibilities than at present - AA (or someone else) will offer a farm-in to pay for the much more intensive drilling needed to really prove up the whole caboodle. CB should ignore it as a poisoned chalice. GGP is being well and truly shafted by Newcrest now the latter has control of Havieron (see GGP's chart. It is 'control' that determines a real value for any project. Without it, no one - investors included - will accord much value to any minority 'share'.

[jeanesy] 09/11/2021 13:09

I am fully invested here already thanks and have listened to what he has said.. it is now just a matter of time. I don't believe anyone knows how big this is yet.

[papillon] 09/11/2021 13:07

It does look an excellent prospect, TCofMC. I expect the share price to really take off when we get the assay results for hole 24, etc.

[folderboy] 09/11/2021 13:07

Certainly not complaining about a near to 5% rise in the share price - but with that RNS I thought we would see the back of the 5s. Added recently - holding for a while longer!

[the count of monte_cristo] 09/11/2021 13:06

jeanesy - why don't you listen to what the boss has been telling the market about this in his recent videos? He has answered your question you just need to spend a bit of time to listen to the answer. It may very well make you a lot of money if you do:)

[jeanesy] 09/11/2021 13:04

I think the drill holes are telling us it is not a speculative share with all due respect. The question is merely how big the resource is now surely ?

[papillon] 09/11/2021 13:04

I must admit, TD, that even to my untutored gaze that is a very bullish RNS. Hole 24 being an absolute stunner!

[the count of monte_cristo] 09/11/2021 13:03

I still feel like people still don't really understand the potential here. I have been emailing Rick Rule for the last month to try and ask for his opinion on this stock. No reply yet. As detailed in my plan of potential future events I think we will see someone come in and stake build very soon, starting before Christmas. They simply have to because of the potential here. We could easily go 1000% up from here, IMHO.

[qazwsxedc69] 09/11/2021 13:02

Wowsers - what a cracking RNS

[2603] 09/11/2021 13:00

And so the reason to accumulate on dips rather than sell up hoping to buy back cheaper example GFG sells at 5.10 when will he buy back 6p maybe. I started buying this at 1.5p watch it go up and down again now I own treble of what I had at 1.5p. If you believe in the company and you think they will get to their end goal of selling the licence for a good price then just accumulate on dips and wait for its full potential. Forget the day to day stuff. This is a speculative share that could go from 5p to 40p in a blink of an eye if the right RNS comes out. Sit back and wait.

[brasso3] 09/11/2021 12:58

Looks like the MMs opened to spread there to keep it back.

[papillon] 09/11/2021 12:58

Added more. With the benefit of hindsight I shouldn't have sold last week. I should have trusted the long term chart which I said was still bullish despite last week's fall. Doh!

[the diddymen] 09/11/2021 12:58

Jocey, hole 25 is interesting but hole 24 is a stunner.

Hole 24 is c100m south of 13 and 16 with a run of 453m of mineralisation. That is a significant extension to the southern end of the resource.

That should have been the last hole in this programme but the RNS states 'Follow up drilling is being undertaken'

[the count of monte_cristo] 09/11/2021 12:56

Look, it's just going to steadily get larger and larger the more they drill and understand it. Just enjoy the ride and if you feel the need to trade on spikes trade with 20% of your holding or something like this because the winners here will be the ones who hold the longest. The turtle won the race not the hare.

[the count of monte_cristo] 09/11/2021 12:54

All in Eol - and some might comically trip over and bang their heads on the floor in a most humorous manner, like Go for Gold and his 4p price targets, how sweet:)

[lurker5] 09/11/2021 12:53

Its me thats lashing the whip !

[the count of monte_cristo] 09/11/2021 12:51

Cadia is a money making monster of a mine.

[all in eol] 09/11/2021 12:48

I have a vision of a few running behind the bus.

[the count of monte_cristo] 09/11/2021 12:44

Been saying it for a very long time now, I think we may have the next Cadia-Ridgeway

[picardy] 09/11/2021 12:44

Getting better and better!

[jeanesy] 09/11/2021 12:42

Looks like we may be off again - great RNS !

[the count of monte_cristo] 09/11/2021 12:41

Lurker, something like this?

[papillon] 09/11/2021 12:38

This news obviously didn't come as a surprise to those who bought this morning! 🤣 🤣 I was the exception! I had no idea good news was on the way!

[joycey1882] 09/11/2021 12:36

Hole 25 looks very interesting....