Xtract Resources Share Discussion Threads

[arcadian] 26/1/2022 20:28

In the above interview Colin was still talking confidently about 2 billion tons for Racecourse with more to come from Ascot including the gold, Mo etc

Today`s "large sales" when one looks at them are only for £5-15K so to my mind not that significant although if they were from The Count I would be concerned but only after hearing a reasoned argument for such deals. I shall hold mine until the Summer as I believe there will be multiples!!!.

[lurker5] 26/1/2022 20:25

Did anyone notice a staggering statistic CB mentioned on Audioboom ? 20 mt pa mining operation over 20 years ? equates to a 6Mt cu resource !! Did I mishear ? - or is he being carried away ?

[2603] 26/1/2022 18:54

I am seeing a lot of consolidation above 5p. a higher low and lower high so it will eventually break out one way or another.

[goforgold1] 26/1/2022 18:27

Still plenty selling there 1.75p shares or was it 1.25p shares or is it the warrants wow . Loads of big sells today better money to be kinds else where . This is like a dead duck . WAITING WAITING WAITING . Come back in a couple years

[papillon] 26/1/2022 18:16

The following has been copied from the lse XTR bb:

"Steve4077

Posts: 1,717

Price: 5.40

No Opinion

Closing PriceToday 16:40
The closing price of 5.2p was caused by a strange uncrossed trade of less than 12,000 shares. Official spread at the time was 5.3p to 5.5p so 'normal' close would be 5.4p. Actual spread was about 5.35 to 5.425."

[arcadian] 26/1/2022 17:24

BUZZ

Many thanks for posting that.

It was fun listening to this down to earth pioneer.It was packed with information, data etc and will require a second hearing to do it justice. Six months is a long time to wait but wait I will as I do believe like The Count that this is one of the best buys in the market.

[buzzarn] 26/1/2022 15:37

https://audioboom.com/posts/8019563-midweek-takeaway-with-colin-bird-executive-chairman-of-xtract-resources-aim-xtr

[arcadian] 26/1/2022 08:53

CB

Setting out his wares, trying to stimulate appetites ahead of time and in full view of all possible interested parties even though he still needs the assay findings. I like the inclusion of Mo as an added attraction. He`s been there before and is a seasoned warrior.

[papillon] 26/1/2022 08:37

FTSE100 is currently up over 90 points today, ODR and still rising. It also did well yesterday. So my guess is not wildly optimistic.
ATB papillon

[brasso3] 26/1/2022 08:29

Just need to get the FED FOMC out of the way today. Metal prices all look bullish.

[picardy] 26/1/2022 08:28

Agree, ODR. But the market should stabilise in the next couple of days, I would be happy if we went where we were before the meltdown today, although in the current environment that's a big ask.

[onedayrodders] 26/1/2022 08:24

In the current market, I don't think the share price would break out even if we got an RNS stating CB was suddenly dropping gold bars out his backside every 5 minutesValue will win out though .. relaxed

[papillon] 26/1/2022 08:18

I wonder if today's excellent RNS will ensure the share price breaks out this week, or even today?
Looks like CB is pitching Bushranger in the direction of Newcrest.

[picardy] 26/1/2022 07:46

Seems like the guy who was highlighting the importance of molybdenum the other day was right.

[brasso3] 26/1/2022 07:16

Excellent communication from XTR as usual. The next 3 - 6 months are going to be exciting.

[the diddymen] 26/1/2022 07:09

All part of the growing picture and direct signal content of intent.

I wonder if hole 38 hit any molybendum, or will that be round two 26/01?

[arcadian] 25/1/2022 19:28

Agreed= important to mention. Thanks.

[jezzoo] 25/1/2022 18:40

And somebody buying 250k lots too

[arcadian] 25/1/2022 13:19

Count

Have you changes you mind about this and become an oiler?

Someone selling 100/200 k lots. today

[lurker5] 25/1/2022 08:40

It will be based on market values of the owners of in situ resources.

[qazwsxedc69] 25/1/2022 08:16

Political? You think an independent evaluator factors that in? Probably more based on the in situ resource and market economics no?

[the diddymen] 25/1/2022 08:14

The biggest risk to the value of XTR is political/economic, and it will be a major consideration in timing and activity.

The comment is absolutely relevant to understandiong market sentiment among the PI sector of the market. One observation of yesterday's response to Ukraine is that the shareholder base of XTR is substantially stronger than it was. It would firm up with a bit more institutional style investment.

AA or whoever buy Bushranger will be looking at the market valuation of XTR, as will any third party adjudicator.

[papillon] 24/1/2022 22:34

Big recovery in the DOW tonight. So much so it closed in positive territory on the day. So I'm expecting the FTSE100 to open up tomorrow and the sea of red in shares today to change to a sea of blue. A change in market sentiment will, hopefully, be positive for the XTR share price tomorrow as when punters panic the good goes down with the rubbish. We saw that back in March 2020 when shares crashed on the start of the COVID pandemic. The good plummeted along with the bad. Market sentiment is important.