Xtract Resources Share Discussion Threads

[arcadian] 04/2/2022 17:42

The share price will be determined by

1. the size of the resource that the drills produce and the area giving the tonnage he can offer as open mining. Ascot drill results will be important.

2 the dealmaking with AA or ano The site is good and the environment friendly.

Have a listen to the ZAK January interview to see what CB has in mind. It could well be a $1 BILLION or more depending on the above. This would give about £850 million ( C. £1 a share.) It all depends on 1&2 above,,the price of copper , competition and lots more but thhere is enough to be optimistic.

I appreciate that my figures are more bullish than Count`s but given good assay at Ascot he may upgrade his and all our thoughts will be affected by the assay results and how much is can be mined.

.

[papillon] 04/2/2022 17:28

My thoughts theman8? No idea, but the XTR chart is positive for the small, medium & long term. Anything above 20p by the end of May is fine by me. That's a 3 fold increase within 6 months. That's a brilliant return. I'm not greedy. Of course the higher the share price the better. I'm of the opinion that some of the higher target sp's are just wishful thinking, but I wouldn't say no if they turned out to be true!! 😁

[goforgold1] 04/2/2022 17:24

What happened here why the sudden drop been out mms playing around again manipulating the price to scare people out

[theman8] 04/2/2022 16:39

many on here including the Count mentioned 75-80p by end May/June anticipated sale time mmmmm.id be very happy with 50p by end of May what's your thoughts ?

[goforgold1] 04/2/2022 15:02

Do you like men in school uniforms lol Big volume and holding gains roll on next week . None brainer last year was a year to early to invest here . Now is right time i said last year 15p by May . Now a year later i am saying the same 15p by May latest

[goforgold1] 04/2/2022 14:58

CGO flying to the Moon today on volume

[papillon] 04/2/2022 14:56

CHESTY1. I agree with you on XTR. The future looks very bright, in the short, medium and longer term.
However I don't agree with you on WSBN. Not in the short term anyway. There is a bearish descending triangle forming on the WSBN chart. Whilst the XTR share price has broken upwards from a bullish ascending triangle pattern I fear the WSBN share price could breakout downwards from a bearish descending triangle pattern. I hope, for your sake, that the chart and I are both wrong, but I'm not tempted by WSBN; not in the short term, anyway.

[papillon] 04/2/2022 14:44

In answer to your question, Arcadian, there was an utterly over the top 8 fold increase in the share price in a day, or two, in January 2021, based on an, admittedly excellent, initial Bushranger drill result. The XTR share price became seriously overbought. Profit taking and the placing was the main catalyst for the subsequent fall in the share price despite further excellent drill results being announced.

[arcadian] 04/2/2022 13:29

Thanks for the explanation.

CB seems happy with the direction of travel, the current drilling results and has a plan for the coming months.not to mention the expectation that there is an end game here which in six months time or less, could make all holders very much better of than they are now..

[richyf3] 04/2/2022 13:27

Breaking out here , should see a good uplift in the share price

[arcadian] 04/2/2022 12:02

We`re flying now with a promising future but why did the share price collapse last year?

Was it just sentiment, disappointment or something more serious? Is it now behind us?

I say us because I`m here now but admit I wasn`t then. Count`s reasoning got to me.

[2603] 04/2/2022 11:48

So this is now braking out from its cup and handle formation and it looks strong. I think there will be some momentum players jumping on to take this as high as possible, this could be a down fall if it doesn’t consolidate first.

[2603] 04/2/2022 11:41

What a load of nonsense chesty and GFG need to get their school uniform on and stop bunking off. 🤣

[goforgold1] 04/2/2022 11:05

Buyers still buying in this should be over 10p by March

[all in eol] 04/2/2022 11:04

I would try posting that on the main board Arcadian

[arcadian] 04/2/2022 11:03

Thought I had but thanks anyway.

[smraynot] 04/2/2022 10:47

Beautiful chart for the purist. Test 7p for the weekend. Would not want to be out at the moment.🚀

[jeanesy] 04/2/2022 10:40

This looks to have broken out to me

[goforgold1] 04/2/2022 10:31

This will stay above 6p now . Few flippers selling now. will have a rest then move again if not today next week . Slow move to up side now very clam move up is you notice. Not like before all over the place. Feels Different now . Good luck to all

[chesty1] 04/2/2022 10:30

CHESTY11 Feb '22 - 14:11 - 4851 of 4964 Edit
0 2 1
Market wants to take this back over 6p & run!

Too easy to call happy days! WSBN & XTR are in for an amazing year!

[cinoib] 04/2/2022 10:28

Nice to see we have gone through the 6p bid once more. Lets hope we can hang on to it this time around at C.B. gets this big find proved up so AA have to offer a nice fat price if they want to buy it. 20p would be nice.

[sinbad54321] 04/2/2022 10:00

Unless a company is paying dividends which are higher than the finance cost of holding stock, there's never an incentive to exercise a warrant (or option) before any expiry date. If there's no liquid warrant market and a holder wants to sell, then there could be a reason to exercise - to get stock delivery in order to sell. In other words, the fact that few warrants have been exercised is normal, and doesn't mean that there are no potential sellers any more

[picardy] 04/2/2022 09:44

I also think cheap shares are not an issue anymore.