Xtract Resources Share Discussion Threads

[goforgold1] 16/12/2021 10:47

Like clock work this share lol . where are the recourse figures CB. All this talk let people know this will not come to production for another 3 to 5 years. YOU WILL NEED MORE FUNDING as well. 10 million you raised will not last long . As as you said your using that money on other projects. Shame on you ???

Plus all them millions of 1.25p shares to clear . Just full of shares BIG BIG overhang to clear

[the count of monte_cristo] 16/12/2021 09:24

oliversydney, thanks for sharing. Yes, focusing on a world class copper project in Australia:)

[papillon] 16/12/2021 09:17

This ETF tracks the prices of copper mining shares rather than the metal itself.

[oliversydney] 16/12/2021 08:57

Rns just out from Jubilee Metals that Colin Bird stepping down as chair
I would imagine to concentrate his efforts in Xtract so good news for us

[the count of monte_cristo] 16/12/2021 02:58

See slide 10, Caravel is number 12 on the list of top copper deposits found globally in the last decade. I expect we will be on that list next year.

Also view slide 11, 2010-19 the worst decade for copper discoveries recorded

[jlondon] 15/12/2021 20:47

Andrew Scott asked Nick Mather in a Proactive Investor interview in July 2020 if he knew the valuation of Solgold. N.M said that he didnt know and if he did he would not tell Andrew Scott.

==
COLIN BIRD, Executive Chairman, XTR
SUNDAY ROAST INTERVIEW WITH ZAK.

A/c to Admillsey on Twitter, he said that Mr Bird said that the share price for XTR is SEVERAL MULTIPLES? I did not listen to this interview.

Mr Bird could NOT have plucked that out from out of no where given he may have
spoken to people in the industry/investment bankers etc.

So, next time Mr Bird gives an interview, shareholders could ask him.

15.12.21

[jlondon] 15/12/2021 18:09

Solgold issued an RNS relating to drilling result for PORVENIR, Southern Ecuador.
It is quite close to a national forest per 1 poster.

THE CUT-OFF IS 0.16% copper cu.

---
Caravel Minerals -WA , cut-off is 0.10%.

--
XTR RACECOURSE
Colin Bird said it is in a MINING AREA.
So, with INFRASTRUCTURE etc, it is in an advantageous position compared to Porvenir.

[goforgold1] 15/12/2021 11:31

I am not going to miss my 4.5p entry this time

[jlondon] 15/12/2021 11:30

CARAVEL MINERALS


Nov 23, 2021 tweet:
"1.18Bt at 0.24% cu and Mo 48ppm for 2.84MT of contained COPPER AT CUT-OFF ----0.1%CU"


Nov 8, 2021 tweet: "--4TH--- LARGEST COPPER PRODUCER."

Comment:
The above prospect is in AUSTRALIA. Cut-off is 0.1% cu copper.
Grade is 0.24% cu & Mo 48ppm.

=INDUSTRY NEWS=Australian copper project. Potentially 4th largest.

[papillon] 15/12/2021 09:08

Lo and behold, Zero Matrix, the XTR share price opened at my 5.05p and not your 5.2p.
I did have you on filter, but it's coming up to Christmas and a time of good will to all men, even grumpy old gits, so I removed you from my filter list. Merry Christmas and a Happy New Year! 😂

[the count of monte_cristo] 15/12/2021 01:53

Difficult mining environment now in Peru, where would you rather have a long life copper-gold mine, in the back garden of Sydney or in Peru or Chile?

[zero matrix] 15/12/2021 00:49

Oh dear oh dear oh dear. But full marks to you for still paying attention to me despite having announced so pompously that you had filtered me a couple of weeks ago.

[papillon] 15/12/2021 00:14

In fact advfn have just now altered the chart in the header to show the closing price as 5.05p. You really are a cretin, Zero Matrix! How about apologising to me? 🤣 🤣

[zero matrix] 14/12/2021 23:01

It is not wrong, you moronic timewaster.The closing price is dictated by the result of the 4.30pm end of session auction. Always has been. And on occasions it is worth reading into this closing price if at odds with the day's price action. And whatever the size of that UT trade on paper, it can represent the balance of opposing trades of much larger size. Your tedious commentary on the minutiae of how the market operates (we all have access to the information you clog this board up with by repeating it as if you are doing anyone a favour) adds nothing apart from to a growing realisation of what an uninformed halfwit you are striving to be seen as.

[papillon] 14/12/2021 17:31

The closing price shown in the daily chart in the header is wrong as it is based on a very small 8k UT trade @ 5.2p @ 4.35pm.

[goforgold1] 14/12/2021 14:34

not when you have millions of shares to sell at 1.25p Once the overhang has cleared then it will move up not until

[jlondon] 14/12/2021 11:26

Part 2 [#4096 14.12.21]

Colin Bird Interview,10 Dec 2021

" RACECOURSE C O N G L O M O R A T E "

Ascot [SE Anomaly]- Impressive mineralisation, Pleb, lots of visible chalco.
Dont need Geo training, lots of metal.

WHERE ARE WE GOING?
We are going for-- 3RD SYSTEM North, N.E. --Exciting.

CENTRAL PIT
to FEED all the BODIES. Central plant, CANT JOIN. Worked SEPERATELY.
Confident Central Pit ore body EXCEEDED.

2MT
How can you stop. Growing by the WEEK. Keep going. 2Mt DOUBLE Ascot.
---More and more mineralisation WORKS in practice.---
Not biting finger nails 2Mt.

FOOOTROT
6-7km. [My comment: Shown in presentation Apr 2020 Racecourse & Footrot ie chargeability]

AA AGREEMENT
Not much. --------0 P T I O N S------------[My Comment: Suggests other options?]

---
COLIN BIRD-SUNDAY ROAST INTERVIEW
A/c to Admillsey who heard it on Twitter, share price SEVERAL MULTIPLES?


My Comment:
The RACECOURSE CONGLOMERATE story is now unfolding.
Racecourse - Asocot [SE Anomaly] - North/Extreme East - Footrot [4]

SP 5.13p, £43m mkt cap.
Those who were in early at Solgold, Greatland Gold will be nuanced in the Racecourse unfolding story.

Surprise could be OPTIONS?

Tues, 14 Dec 2021.
Kindly check. DYOR.

[papillon] 14/12/2021 11:18

Every time the share price gets to 6p the big seller(s) appear. Presumably this/these seller(s) are holders of the 100m shares received when XTR took over ProspectOre? Presumably we'll have to wait until the seller (s) dissappear(s) before the XTR share price can rise above that 6p resistance.

PS will support at 5p hold?