Xtract Resources Share Discussion Threads

[chris cat] 27/5/2022 11:47

Thanks John

[johnswan193] 27/5/2022 11:27

Colin was on with Zak this AM discussing Jubilee Metals (which he is stepping back from), but mentioned Xtract as part of what will be keeping him busy:

"Going into gold production any minute".

"Developing the Racecourse asset into what will hopefully and has all the makings of a big major new open pit".

[chris cat] 27/5/2022 11:03

Does anybody have any idea how many more drills we have to go. Appreciate it seems lazy but I never made a note and tracked where we are at so have completely lost where we are are up to?

[asitis] 27/5/2022 10:33

'Hopefully RC becomes an open pit'. Not exactly what shareholders want to hear is it ? AA have things where they want them. They will be able to string things along for as long as they want even if they know they will not take up their option. Meanwhile the share price sinks. Where is the shareholder value in this play ?
The alternative offers even more pain to shareholders. Imagine the dilution here if Bird announces a decision to mine!

[denjon] 27/5/2022 10:26

Hopefully June will be a better month with decent updates. We have been stuck in the doldrums this month and need a strong wind or hurricane to get us moving again. Full ahead CB, full ahead!

[zero matrix] 27/5/2022 09:40

That supposed uncontrolled rush for the exits is certainly far from apparent today. An hour and a half in and no trades posted at all. There usually SOME activity!! This stock feels very much as if it is tightly held by holders who have generally built the position they want. This could lead to a very strong appreciation in share price when further demand is ignited. It is very much a waiting game now.

[philby1] 26/5/2022 15:28

He will still be retained in an advisory capacity to the company for the next 2 years.

[asitis] 26/5/2022 14:31

The diving share price is speaking volumes about the reality here. Into the 3's next week.

[papillon] 26/5/2022 14:22

Glad I'm not in cryptos. Second liners, like ADA & ETH, are being absolutely Hammered.

[the count of monte_cristo] 26/5/2022 08:25

Colin did very well for the JLP shareholders.

[denjon] 26/5/2022 08:14

Colin has gone.....

[guyshelby] 25/5/2022 19:20

Text book MM- market manipulation that is, certainly stirred a bit of liquidity. If I topped up my car as much as I have topped up here it would mean it was p…ing out somewhere.
Couldn’t wish for more tbh before the any of the big ticket news arrives

[arcadian] 25/5/2022 18:57

Looks like an RNS is a possibility given the late rise but to be fair buys seem to have exceeded sells throughout the day and MMs reflected this towards the close.

[backtothesoil] 25/5/2022 18:17

Is this one of the charts that forecast 4p and 19 hours later is forecasting an upturn? Just asking.

[papillon] 25/5/2022 18:01

free stock charts from uk.advfn.com


Heikin-Ashi candlestick XTR chart also showing EMA's, RSI & MACD. Make of it what you will.

[asitis] 25/5/2022 16:58

Steve4077 believes the share price drops if enough people buy lolz.
Its a supply and demand market Steve. The share price has tanked because the MM's are not short of shares to sell. When the shares are in demand there is a shortage so the price goes up. A handful of rose tints who find the latest low to be a bargain are in the minority. But go ahead and red thumb down any post that points out reality !

[papillon] 25/5/2022 16:22

I follow the charts because I have lost, in total, over £100k in the past 20 years dabbling in shares. If I had followed their charts and sold those loss makers when their charts turned bearish I'd be a lot better off than I am now!
PS most PI's lose money gambling on shares. It's estimated 80% lose money. The great thing about following the charts is it makes you think rationally instead of falling in love with a share, which I have done all too frequently in the past.

[papillon] 25/5/2022 16:12

Of course if the XTR chart turns bullish, like it did at the start of February and in March, I might be tempted to buy back into XTR again. That's why I continue to follow XTR. I only follow a few shares and XTR is one of them. Longer term I still have high hopes for XTR.

[steve4077] 25/5/2022 16:09

Quoting your own posts back to you is not 'making things up' or a 'nutty conspiracy theory' :) If you can't stand by what you say, don't post.

[steve4077] 25/5/2022 16:04

Papillion you can do what your like with your money, but if you post negative predictions on a forum about a share you don't own, then someone is going to highlight that. Its my opinion and I can do what I like with it :)

[papillon] 25/5/2022 16:04

"25th May (morning): If johnswan hadn't been buying, price woudl have fallen.
(probably bought XTR shares at this point)"

You're just another nutty conspiracy theorist, Steve4077, who makes things up! I'm not Boris Johnson. I'm not telling lies when I tell you I don't hold any XTR. Your another on my filter list.

[backtothesoil] 25/5/2022 16:01

Perhaps now he/she is out of xtr we can be spared those bloody charts.

[papillon] 25/5/2022 15:59

I did have 250k shares in XTR, Steve4077. I started selling when the price was over 6p and sold out completely early last week. That may be a mistake on my part, but it's my decision.
I'm bullish on gold, which again may be a mistake on my part, but it's my money and I can do what I like with it. My money is mostly in GPM I also hold MILA and a small number of EST.

[backtothesoil] 25/5/2022 15:55

I thought double top was a circus or is it a big top. Either way like your charts the circus is all about make believe

[steve4077] 25/5/2022 15:52

Papillon Last few days:
20th May: I don't hold any XTR. It may fall to 4p
24th May: Bearish double top
24th May: May fall to 4p
25th May (morning): If johnswan hadn't been buying, price woudl have fallen.
(probably bought XTR shares at this point)
25th May (now): Expect the share price to bounce