Xtract Resources Share Discussion Threads

[papillon] 17/11/2021 08:36

avsome1968. "sell up GG before it collapses". What are you on about??

[papillon] 17/11/2021 08:32

You can buy and sell well inside that spread, gfg1. Try doing some dummy buys and sells.

[papillon] 17/11/2021 08:29

Is that just wishful thinking, denjon?

[denjon] 17/11/2021 08:23

Wonder if there's a big buy order and the MMs are forcing the share price down to meet it.

[avsome1968] 17/11/2021 08:21

Copper prices went down yesterday down today also sell up GG before it collapses.

[goforgold1] 17/11/2021 08:19

What with the stupid spread . Big gap down yesterday something been leaked

[papillon] 16/11/2021 21:00

free stock charts from uk.advfn.com


Well even if Zero Matrix is correct and I don't know what I'm talking about regarding those large, late reported, trades surely he can't complain if I post a chart showing Heikin-Ashi candlesticks, 10, 20, 50 & 200 day EMA's plus 14 day RSI?
The recent uptrend looks to be still intact, albeit advfn have the wrong closing price.

[papillon] 16/11/2021 20:13

Yes, TD. These large trades were obviously worked in smaller tranches so it's hard to be completely certain about them. Though I'm 99% certain they were buys.

[the diddymen] 16/11/2021 20:05

It is always nice to see games going on as the dentist tries to extract the tooth without anaesthetic and without the patient noticing.

[papillon] 16/11/2021 20:05

Well if you don't want to read my posts because you don't want to waste your time, Zero Matrix, why not filter me? Think of the precious time you would save!
Zero Matrix? Filtered! Try filtering me Zero Matrix; as you can see it's so easy to do. 😁

PS it took less than 5 minutes of my time to write my posts. You must be a very slow reader if it took you more than minute to read them! 🤣

[zero matrix] 16/11/2021 19:26

Papillion, you are commenting on things you clearly don't understand. You have wasted your own time, and the time of anyone who read your last couple of posts.

[papillon] 16/11/2021 18:21

4 late reported trades.

15-Nov-21 14:45:17 5.95 800,000 Buy* 47.60k O
15-Nov-21 11:27:45 5.99 1,669,273 Buy* 99.99k O
15-Nov-21 09:50:33 5.85 550,000 Buy* 32.18k O
16-Nov-21 15:10:11 5.80 250,000 Buy*

The 250,000 today that lse have as a buy would have been a sell going by the spread at 3:10pm and no doubt accounted for the share price fall. The one's from yesterday I'd need to check the spreads yesterday at the times reported.
The £100,000 one was either a buy by a high net worth individual, or maybe an institution, or a sell by someone who maybe bought them under 2p per share?

EDIT. Going by the price chart for yesterday the 550k trade could have been a buy, or sell, but the 1.7m and 800k would have been buys. Unfortunately we'll never know for certain! 🤬

[papillon] 16/11/2021 17:28

The closing spread was 5.6 - 5.9, so the actual closing price was 5.75p. There was a small UT @ 5.9p @ 4.35pm which probably accounts for advfn's 5.9p closing price.

[papillon] 16/11/2021 16:59

You're probably right, ODR's. Though sentiment could be adversely affected.
Not that it matters much because the share price bounced back up before the close. RNS tomorrow?

[onedayrodders] 16/11/2021 16:29

Would not have thought we would command such a tight correlation at the stage we are at.

[papillon] 16/11/2021 15:53

Drop in XTR share price coinciding with fall in copper price. Just coincidence?

[the count of monte_cristo] 16/11/2021 13:40

stake building

[onething] 16/11/2021 13:27

Today's trades are currently looking like 4:1 sells to buys by volume, going by the place in the spread at the time the trades are booked. Seems odd? The price has held all day.

I am fully expecting a chunky buy declared at some point, probably after close, that is being worked throughout the day, filled by the market makers' accumulation of shares that are being sold today.

[the diddymen] 16/11/2021 11:49

It may be the warrants. The majority of us on this BB are primarily in for the whole story, but in reality there are a whole load of investors with different objectives and that will always result in turnover of shares.

Do not forget that this share was sub-4 a few months back and some investors will be into a decent profit - Christmas coming up etc etc.

In reality the share price over the last couple of months has shaped up very nicely and it will not be long before it takes the next step.

[jeanesy] 16/11/2021 11:21

as we all know news here can come at any time !

[avsome1968] 16/11/2021 09:53

Do you think its the warrants that are keeping it under 6p been a lot of 100k sells over the last 2-3 weeks, cant see retail sellers here now those that bought in the low 4p range be long gone now.

[the diddymen] 16/11/2021 09:36

hubs one more 'heave' required to get it over 6 but the heave will probably come from a SE anomaly drill or an ore tonnage estimate. Assays will have to be storming to have an impact! Gold always helps!

Institutional or quasi institutional interest also helps.

Whatever, it is not too long now.

[the count of monte_cristo] 16/11/2021 09:19

PoG moving north, interesting to see what the next drill results will reveal in terms of gold grades.

[hubs] 16/11/2021 07:11

And today could just be one of those days when we slip through 6 as if it wasn't there...no news Tuesday...gla..:)