Xtract Resources Share Discussion Threads

[joycey1882] 20/5/2021 09:08

I have feeling that the assays (when they finally drop) will show the expected average grades of ~0.4, however I dont think that will excite the market. Hopefully the financial modelling will make it obvious that these grades multiplied by the copper price make the site the excellent prospect that we believe it to be.

[chesty1] 20/5/2021 08:48

Well this is now oversold & deffo due some blue! True value will out eventually & I will be holding to reap the rewards.

Be lucky to all

[jackthecat1] 19/5/2021 21:05

ZPHR. 10 bagger from current levels

[theman8] 19/5/2021 18:50

tell us more

[texaschaser] 19/5/2021 17:52

Better baggers available

[steve4077] 19/5/2021 17:20

>> Something amiss here for sure...Down almost 50% since March <<


I see you picked the high point for your comparison :) Its also up 200% since 1st January. Does that also mean something is amiss?

[onedayrodders] 19/5/2021 16:25

John .. have u not seen the wider market today ... bloodbath

[johnswan193] 19/5/2021 15:59

Something amiss here for sure. Dropping like a stone. Has to be a reason for this behind the scenes. Another placing already, or disappointing news imminent? Down almost 50% since March.

[texaschaser] 19/5/2021 12:33

rainbow chasing with no multiplication of share price from here

ticking....lol

[lurker5] 19/5/2021 11:29

Zak Mir's charting mumbo-jumbo shown up once more for what it is !

[chesty1] 19/5/2021 10:13

Not a chance this is going to stay below 5p today!!!

[joycey1882] 19/5/2021 09:04

Who was it that said 10p April, 15p May???? Copper taking a breather. Happy to hold my 250k shares at 6.9p

[onedayrodders] 18/5/2021 21:28

Yes well done All In Eol

Like a breath of fresh air now ... good to open the window and let that awful smell out

[chesty1] 18/5/2021 20:42

Well done with the thread Eol!

[all in eol] 18/5/2021 18:47

Bit of spring cleaning on the thread this evening.

[the count of monte_cristo] 18/5/2021 12:43

Copperman1 - You mean he had that big deal 10 years ago, during the last bull cycle in commodities, then since then the exploration companies have been hammered, especially over the last 5 years. That lack of investment meant some companies went bust, like the one we acquired Bushranger from for the pennies on the dollar, back when it was still a bit of an unknown. I honestly don't know how some investors simply can't get it through their think skulls that nobody wanted the exploration companies from around 2016 to 2020, hence why nothing large in the copper deposit sphere has been found. Look at the last 30 years of copper exploration, look at how many tier 1 copper projects have been found and then review what has been found over the last 5 years. To say it has been a lifestyle company for BZT, GLR and XTR is way off the mark and is lazy, just too lazy to say that when you factor in the absolutely dire straits all of the exploration companies were in, globally. Nobody wanted to invest back when copper was bumping the lows, nobody cared. Now they do.

Copperman1 is probably one of the posters recently moderated from here. Lol.

[denjon] 18/5/2021 12:37

I think Colin will be hoping to pull off a mega deal as his swan song before retirement. He has said on previous occasions that he is in regular contact with other companies. Who knows how many he has currently had talks with. I suspect quite a few. We can expect news soon enough.

[chesty1] 18/5/2021 12:33

Looking more solid now, shake has cleared out the overhang maybe?

[chesty1] 18/5/2021 10:43

Well done denjon IMHO! Market just has an overhang from the placing @5.04p that looks a great top up price just under 5.2p now!

XTR will do very very nicely from this level (should be time to switch off & just let it run but wfh nothing else to do haha)

[denjon] 18/5/2021 10:41

I just could not resist a modest top up at 5.04 which was shown as a sell. I guess other 'sells' at that price were in fact buys too.

[chesty1] 18/5/2021 10:33

mtw look around small plays today! Market is trying it on imho!

[mtw] 18/5/2021 10:32

This is like snakes and ladders without any ladders. The market clearly not believing that all is well here.