Xtract Resources Share Discussion Threads

[likya123] 08/2/2022 20:24

From lse board...

andmillsy

Posts: 753

Price: 7.10

Strong Buy

AA WalletToday 18:52

Btw Anglo closed up 3.15% today. I make that about £1.4bn on their MCAP taking it to £45.3bn....

Also thanks Steve for pointing out they have been buying back their own shares for months.

H202 pointed out RNS "Anglo American plc ("Anglo American") announces its intention to return an additional $2 billion to its shareholders through: (i) an on-market irrevocable and non-discretionary share buyback programme of $1 billion (the "Buyback Programme"); and (ii) a special dividend of $0.80 per ordinary share, equal to $1 billion (the "Special Dividend").

GeorgeJ and others asking the question - what else could we suggest they spend their surplus funds on to sustain and grow their business ????

ReplyRecommend (11)

[smraynot] 08/2/2022 19:55

Countdown begins.🚀

[likya123] 08/2/2022 19:40

Xtr was tipped today by a poster on a Telegram group with several hundred private investors.

[zero matrix] 08/2/2022 19:21

Sorry Likya. That post came out as addressed to you. Clearly it was for the nonsense merchant.

[zero matrix] 08/2/2022 19:20

Have you taken over as Chief Distributor of Nonsense? Market Makers, like Brokers, make their money as a cut of turnover. 'Slowing the market down' is not something that occupies much of their waking thoughts.

[goforgold1] 08/2/2022 18:31

Mms do this one of there tricks to slow buying down

[arcadian] 08/2/2022 18:11

Count -- didn`t see the above posts when I wrote

I need to patronise you but for your own good. I have benefited from your contributions and even sold big holdings in SOLG so please regard what follows as gratitude.

Over the years I have had many such stocks like XTR -- going to make me a fortune, can`t fail, a totally believable narrative,great competent management, guaranteed to make sure that each of my children will inherit millions. To be fair there are such stocks and they can make you rich but many don`t and leave a trail of grief.

The name of the game is survival, reducing risk by spreading risk and in that vein I was glad to see you in PANR-- ( have a look at what happened to Hurricane Energy)

With no house,no car it does not seem that you have unlimited patronage for a rainy day. While your selling would hurt my share price I must urge you to reduce your holding from 80%. Tales of the unexpected do happen and take it from me being poor with debts is not fun.

XTR I hope will makes us all a lot of money but should it not work out we need to be able to pick ourselves up and try again.

Please reconsider and make yourself answer the question of "What if?"

[likya123] 08/2/2022 18:06

You guessing there will be a RNS tomorrow?

Only recently got onto xtr and looks fantastic!

[likya123] 08/2/2022 18:05

Only come across xtr very recently and it seems a little bit of a no brainer.

[smraynot] 08/2/2022 17:49

I'm expecting an exciting RNS tomorrow and 10p+ tested. CB will be our hero. Aimhho 🚀

[guyshelby] 08/2/2022 17:41

Very high probability that Bushranger will be mined let alone sold in the first place, I posted this on lse-…… there is a case to argue against diversification here. Why would you put money into your 2nd or 3rd favourite stock? These opportunities don’t come around often.
I guess it comes down to personal levels of risk folk are comfortable with.
The very well researched will have no problem going in heavy, tolerance to risk permitting. I’m in for 90%

[avsome1968] 08/2/2022 17:23

Wow 80% of your portfolio?

That's just crazy but I hope it turns out well for all of us//

I've just under 10% of my portfolio here and I wont be adding no matter how confident i am, top heavy here as it is.

[placingalert] 08/2/2022 16:45

You must remember what happened at ADV Jam is a Jam

[likya123] 08/2/2022 16:33

Wow 80% of your portfolio....you must be very confident!

[the count of monte_cristo] 08/2/2022 16:30

Yes, XTR are currently now 80% of my portfolio. Will maintain at that level.

[hubs] 08/2/2022 16:22

Approx 6.99 to sell and 7.04 to buy. Just the offer price is a bit inflated.

[arab3] 08/2/2022 16:12

TCOM , I thought you also held PANR ?

[the count of monte_cristo] 08/2/2022 15:57

Another example of just how difficult it can be to open a mine now. So, even if a company discover a deposit which is economic, there is no guarantee it will ever become a mine. Bushranger has no such issues, significantly increasing it's value.



The open pit mine is on the territory of the Lake Babine Nation and upstream of the Gitanyow and Gitxsan First Nations’ lands. It was expected to produce 30,000 tonnes of ore per day over its 21-year life, has been stuck in the environmental assessment stage for 19 years, since 2003.

"While gold continues to attract the largest spending, investment focus in the past two years has shifted to copper".

[likya123] 08/2/2022 15:55

All buys delayed to makes it look like sells.

Apparently market makers very short of shares..

[denjon] 08/2/2022 15:54

I think I'm going colour blind. All I can see is red :(

[papillon] 08/2/2022 15:41

Resistance is likely @ last years high of circa 8.5p (it looks like it went to an intraday high of around 9p in January 2021). A break above a closing price of 8.5p would be very bullish since it would indicate a blue sky scenario.
Apart from intraday spikes up soon after Colin Bird took over as CEO (and almost immediately ditched Chepica) in August 2016 the closing price hasn't been above 10p.
Many investors only buy a share in a blue sky scenario.

[denjon] 08/2/2022 15:34

It just seems such disorderly trading. After closing trades should be interesting.

[papillon] 08/2/2022 15:29

I don't think there were when the share price almost doubled during September & October, denjon. At least I can't remember any.

[denjon] 08/2/2022 15:25

Surprised no price monitoring notices have yet been issued.