Xtract Resources Share Discussion Threads

[papillon] 17/2/2022 13:48

O/T. A message and friendly warning for Avsome1968. I know you're in both XTR & ARCM, buddy, but whereas the XTR chart is looking very bullish in the medium and longer term, I can't say the same about the ARCM chart. Hopefully you sold your ARCM shares for a very juicy (50%) short term profit last week. You will have profited from a big "dead cat" bounce. If you did, then congratulations are in order. However if you still hold there is a potentially bearish H&S pattern forming on the ARCM chart. It may never form, but if it does then the ARCM share price could drop back towards support @ 2.5p. Of course I'll have to caution that I can't predict share prices and chart based predictions are often wrong; they are definitely not infallible.
I was going to post this message on ARCM bb, but the nutty conspiracy theorists on there would no doubt accuse me of being Ella10, or even Colin Bird himself! 🤣 🤣

[jeanesy] 17/2/2022 13:37

The company likes an afternoon RNS so there is still time

[papillon] 17/2/2022 13:32

Well no RNS. A shame, but not the end of the world!

[arcadian] 17/2/2022 13:19

The beauty of this investment is that it seems to be finite. Colin thinks he`s on to a winner and he should know. He is drilling hard particularly in the newer areas and at some moment in the next two months will work out how much is there and do a deal with a third party. We will benefit and he will move on to his next challenge.

Job done.

[jeanesy] 17/2/2022 12:31

A week is a long time with XTR !

[zero matrix] 17/2/2022 12:27

Well it has been a week ...

[johnswan193] 17/2/2022 12:19

Would be really good to get an update from Colin relating to outstanding assays, next steps for Ascot, etc. Been doing the rounds on some of his other companies over the last few weeks so hopefully that's over with and we can hear more about XTR.

[the count of monte_cristo] 17/2/2022 09:55

I really want to buy more of the bombed out gold stocks, they are at or near the bottom, but POG is heading to 1900 USD short term. I am a strong believer in POG having an excellent run over the next few years. That being said, I also keep forgetting that;

a) We have a producing and profitable gold mine, albeit a smaller one
b) That our gold output is due to increase significantly this year
c) that Bushranger could become a significant gold producer as well, especially if we see Ascot hitting higher gold grades

[backtothesoil] 17/2/2022 09:38

Why on earth would anyone respond to gfg. I ignored him ages ago. I can't believe anything he posts is any better now than it was then.

[2603] 17/2/2022 09:31

Every time count writes something it’s worth a read. Take note GFG. It’s a nervous time for many out there waiting for RNS’S you don’t know where the share price is going nor do you know who is buying. Maybe you should get sued for false statements without proof.

[goforgold1] 17/2/2022 07:40

Copper moving up as well in price now again looking like next move up coming soon . Buyers will return now as well . Wave 2 movement up due slow and steady we go up again . Up trend in tact as well.

[the count of monte_cristo] 17/2/2022 01:24

Interesting to see how the Sentinel mine has developed over the last decade since CB sold it to FQM, it is now a significant global copper producing mine and a core part of FQM's business. I remember being in KIW when they started releasing the first JORC's, amazing to see where it is at now.

[papillon] 17/2/2022 00:31

There were a couple of large trades just before the close where the reporting was delayed. Going by the prices they were definite buys and were, no doubt, the reason for the spike up in the share price immediately before the 4:30pm close. I'm guessing we might get an RNS this morning.

16-Feb-22 16:26:39 6.477 308,784 Unknown* 6.40 6.50 20.00k O
16-Feb-22 16:24:23 6.48 308,641 Unknown* 6.40 6.50 20.00k O

[papillon] 17/2/2022 00:29

There were a couple of large trades just before the close where the reporting was delayed. Going by the prices they were definite buys and were, no doubt, the reason for the spike up in the share price immediately before the 4:30pm close. I'm guessing we might get an RNS this morning.

16-Feb-22 16:26:39 6.477 308,784 Unknown* 6.40 6.50 20.00k O
16-Feb-22 16:24:23 6.48 308,641 Unknown* 6.40 6.50 20.00k O

[goforgold1] 16/2/2022 18:18

There are buyers here now slowly building stakes up for April May . They take there time as not to push price up to much 100 percent be nearer 10p than 5p soon

[papillon] 16/2/2022 18:15

Another big delayed trade finally reported over 24 hours later after today's market close @ 4:30pm. It was timed at 1:27pm yesterday and was for 781,250 shares @ 6.40p for a value of £50k. Going by yesterday's intraday chart it was definitely a buy and was obviously behind yesterday afternoon's share price rise to 6.40p. So there are big buyers around!
RNS tomorrow?

[papillon] 16/2/2022 18:14

Another big delayed trade finally reported over 24 hours later after today's market close @ 4:30pm. It was timed at 1:27pm yesterday and was for 781,250 shares @ 6.40p for a value of £50k. Going by yesterday's intraday chart it was definitely a buy and was obviously behind yesterday afternoon's share price rise to 6.40p. So there are big buyers around!
RNS tomorrow?

[goforgold1] 16/2/2022 18:03

Not sure as today was really bad volume . Nothing at all might get another RNS . Tomorrow as XTR was over 7.50 this time last week . Now it's lost all the gains again . Sill must be loads of them 1.25p shares out there

[zero matrix] 16/2/2022 16:49

Its perfectly possible we will see a new range between 6 and 7 for the time being.

[goforgold1] 16/2/2022 16:39

Next move up coming now . Looking to break 7p by next week

[papillon] 16/2/2022 14:59

O/T Thanks for the BZT tip, amaretto. I've had a look. It's joint venture partner, CMRS, is currently up 11.3% today. I like the look of the BZT chart so have just had a small punt.
Word of warning. I had a couple of very small punts on BZT last year and ended up losing money, so I'm a bit of a jinx! However this time I've had a bigger punt and will hold for the longer term. I'm becoming a bit of a Colin Bird fan! 🤣

[amaretto1] 16/2/2022 14:07

This and BZT got huge upside... I'm biased and think the latter will outperform most junior miners in 22

[papillon] 16/2/2022 14:06

Hardly any trades today. Buys going through at 6.41p, just above mid price, with the exception of 2 miniscule trades of just 12 and 127 shares at full asking price of 6.50p. Then the largest trade so far today, for 122,461 shares is just announced (reporting delayed by 1 hour) and even though it is for less than £8k it's at full asking price of 6.50p. That must be a bullish sign!!

Edit. I was just quoted 6.41p by ii to buy 50k

[papillon] 16/2/2022 14:05

Hardly any trades today. Buys going through at 6.41p, just above mid price, with the exception of 2 miniscule trades of just 12 and 127 shares at full asking price of 6.50p. Then the largest trade so far today, for 122,461 shares is just announced (reporting delayed by 1 hour) and even though it is for less than £8k it's at full asking price of 6.50p. That must be a bullish sign!!

Edit I was just quoted 6.41p by ii to buy 50k