Xtract Resources Share Discussion Threads

[jeanesy] 09/12/2021 15:29

Moving up strongly now !

[the count of monte_cristo] 09/12/2021 15:26

I feel like this RNS is a cautious one, in that they know what this potentially means and they are purposely holding back on being too positive, until the assays come in and confirm. This is very promising news indeed and what some of the posters on here have been hoping for. My opinion, don't sell and keep adding on any down periods.

Much more to be found across the licenses we have.

[papillon] 09/12/2021 15:23

I was CORRECT 50 minutes ago about an RNS imminent!

[steve4077] 09/12/2021 15:21

It isn't just a 700m intersection. Its two 700m intersections in opposite directions from the same drill pad.

[jeanesy] 09/12/2021 15:18

Heads must be turning now surely !!

[gozo] 09/12/2021 15:17

Not in an isa but thanks for the thought

[genierub] 09/12/2021 15:15

Copper :))))

[jeanesy] 09/12/2021 15:14

Certainly looks like great news ' Traces of copper mineralisation extended from a down hole depth of 85m until the end of hole at 783.7m, a total interval of 698.7m.'

Lets hope the grades are economic !

[chesty1] 09/12/2021 15:01

Solid RNS folks!!!!

WSBN gonna go for an XTR run and soon, happy to be into both!

[oliversydney] 09/12/2021 14:58

You could always buy some T20 which gives you a month to access funds!

[goforgold1] 09/12/2021 14:55

GET IN DVRG THE NEXT BIG RISE COMIMG NEWS DUE NEWS DUE UP 4p already

[gozo] 09/12/2021 14:41

Slow down on the buying chaps I still want some more but waiting for funds to clear

[papillon] 09/12/2021 14:40

Unless I'm mistaken 4.5p will prove to be the bottom. Fingers crossed! 🤣

[papillon] 09/12/2021 14:34

Had another small top up today. Currently you can't even get an online quote for a tiny 15000 shares buy on ii.
News must be due either this afternoon, or tomorrow!

[papillon] 09/12/2021 14:22

Fair enough, meanreverter. Your money and you can do what you want with it, though my post was directed at Divmad. I wasn't tipping GPM, just telling Divmad what I was doing.

PS the management charge was exactly the same last year when the GPM share price tripled in going from 24p to 72p on the back of a 50% rise in the gold price.

PPS.Hopefully XTR will be able to discover more gold in Australia in addition to more copper.

[meanreverter] 09/12/2021 13:32

Papillon: I get your point about GPM allowing exposure to Canadian and Australian companies, and being presently at a discount. However, I think that the discount is deserved, because the annual management charge is around 2% of asset value. So not one for me.

[the count of monte_cristo] 09/12/2021 09:24

I am sure he will, as he did with Kiwara a decade ago.

[oliversydney] 09/12/2021 08:49

Very encouraging about his sales negotiations and gives confidence he can realise a sale to AA in multiples of the current share price

[the count of monte_cristo] 09/12/2021 08:27

CB sold another asset.

[asitis] 08/12/2021 17:49

Steve4077 >
So you accept you have now read in the original document that it says "ie".
It is under the projects section for Bushranger as you full well know ;-)
Im sure they thought they were buying something that was a good idea in the same way they thought Chepica, OKief, Kalengwa and a stake in Mozzgold was a good idea but I dont know if that was the case or not. I dont think they were trying to mislead investors but you must admit changing "ie" to "eg" later is a bit strange. The original document I am quoting from seems to be based on the AA agreement so why they chose to later change "ie" to "eg" I dont know. Ho hum.

[steve4077] 08/12/2021 17:37

That presentation isn't even on the 'company presentations' section of a website. So you ignored the RNS, which is always the official version of anything, and managed to find an out-of-date presentation which has i.e. instead of e.g., then somehow constructed an elaborate conspiracy theory that XTR were buying something that they knew wasn't a good idea, even though no drilling would happen for six months, and on that basis changed i.e. to e.g. for the official RNS in an effort to mislead investors? I am sure you would be a fun subject for psychotherapy. Did you consider an alternative theory that e.g. simply made more sense than i.e. given the context of the surrounding text?

[asitis] 08/12/2021 17:24

Steve4077 >
So you agree the xtr website presentation document says "ie" and NOT "eg"
It is April 2020.
I DID NOT misquote from a later changed document as Cygnus on lse has mouthed off about.
At least check my source before posting libellous information eh ?

I fully accept your apology btw :-)

[steve4077] 08/12/2021 17:21

The RNS from which the quote (with e.g.) is taken was dated 1st June 2020, which is six months before any drilling began and about nine months before the first assay results. It seems unlikely XTR are receiving messages from the future to changes a couple of letters in an RNS. Whatever Colin is perceived to have done to you, its time to let it go and move on with your life. It's reached the point where you are just embarrassing yourself.

[asitis] 08/12/2021 17:13

hxxps://xtractresources.com/wp-content/uploads/Bushranger-Summary-Presentation_April-2020.pdf

It says "ie" and NOT "eg"