Xtract Resources Share Discussion Threads

[the diddymen] 06/12/2021 11:27

It looks as if XTR are accruing assays at the moment. They should not bust a gut to RNS because unless there is an absolute blinder or duster it will have little impact on the market. The assays will come into their own next year when the updated model should be ready.

The estimated size of the ore body is the only question that seems relevant to the market at the moment.

[asitis] 06/12/2021 09:02

Also from the agreement is that AA want not just 2 million tons but that amount from 0.45% ore ! The lse rampers fail to mention that. Bird is drilling soil to try and get that but even he will have to accept that he doesn't have the amount that AA want at the grades they want. Oh dear.

[guyshelby] 05/12/2021 17:06

Asitis nice to see you are doing some research, now taking quotes from the buy back agreement ;)

[asitis] 05/12/2021 11:29

Its not me twisting the fact that the share price represents the reality that bushranger has not been monetised to deliver shareholder value. Phase 1 complete. Phase 2 complete. Not enough cash to see through a meaningful Phase 3 that would have any chance of increasing the JORC to measured resource. So as Birds one time favorite poster has pointed out the value to shareholders could be 5p. This could well end up going the way of Chepica, Okief and Kalengwa (cash raising dilution to benefit those in the know but nothing for PI's).

[lurker5] 04/12/2021 21:34

The LSE BB allows posters to have 'other posters' they disagree with to be 'cancelled'. So its not worth taking any notice of it (or posting on it) except to check the general ramping quotient that might be distorting a share price.

[p5tvr] 04/12/2021 00:15

pap was 102 or 106 your top up? how much does that make now? 1000...you big risk taker!!

[papillon] 03/12/2021 12:50

I had another small top up yesterday. The Heikin-Ashi candlesticks for the last 2 days make me suspect the XTR share price has bottomed. share price needs to break resistance @ 5p, then @ 6p.

[papillon] 03/12/2021 12:46

🤣 Very true 🤣

[papillon] 03/12/2021 12:40

👍 I have filtered Asitis. I agree that his arguments twist the facts, are fallacious and completely irrational.

[the count of monte_cristo] 03/12/2021 12:27

Smoking is bad for the health:)

[asitis] 03/12/2021 11:13

Dyson all the way for me

[papillon] 03/12/2021 10:56

You're a conspiracy theorist, Asitis. You're probably an anti-vaxxer, believe Covid is a hoax and the Earth is flat.
Bye, bye Asitis. Filtered.

[asitis] 03/12/2021 09:31

So XTR used placing share money to buy a JORC resource of 0.3 million tons of copper at around 0.44%. Two drilling phases later and a horrific cash burn which must have eaten through the best part of further cash call money, the shareholders have no further revenue from Africa (and a disputed claim over Kalengwa possibly) but more importantly they have wait for it >>> a JORC resource of 0.3 million tons at around 0.44%. Bird may have fallen out with his favorite poster as it was pointed out that without an official revaluation, shareholders could under the Valmin code be getting 5p. Oh dear.

[papillon] 02/12/2021 18:53

The closing spread was 4.7-4.9p. advfn have taken a very small 14,400 UT trade @ 4.91p, done after 4:30pm, as the closing price.

[the diddymen] 02/12/2021 17:57

mmm. Needs a podcast.

[asitis] 02/12/2021 16:52

Its the created spike to 9p to get away the cash raise followed by the nose dive since, that shareholders will be bothered about I would think. Bird is a wealthy man so he doesn't need XTR to do anything share price wise and can use that wealth to paint whatever picture he likes. He knows enough will believe that picture as PI's buying at 8p+ proves.

[papillon] 02/12/2021 15:52

So Colin Bird spends well over a hundred grand on a PR exercise to stop the "SP nose diving"!! Pull the other leg it's got bells on! 🤣🤣. You're a mad conspiracy theorist, Asitis. You're not worth the effort of replying to you.
PS For your information his last purchase was in August. Have a look at the chart and see what has happened to the share price since August.

[asitis] 02/12/2021 15:14

In an attempt to delay the share price nose diving probably. Hasn't worked though.

[backtothesoil] 02/12/2021 14:55

Steve4077. That's a little harsh. I hope it's not going to put him off telling us how the charts rate the chances of Eureka's expected drilling results.

[steve4077] 02/12/2021 14:43

If you seriously think that CB is buying shares based on the 'chart' situation rather than his knowledge of what is likely to be in the ground, then I have a bridge to sell you. The only situation in which the chart is predicting the movement of a low cap exploration stock is when there are too many idiots invested who believe in charts :)