Xtract Resources Share Discussion Threads

[papillon] 16/5/2022 13:21

👍 zhtan1. That's why I have put Asitis on filter.

[asitis] 16/5/2022 12:44

lurker.
"Drilling is an uncertain activity. Its obvious Xtract has found complicated structures at BR and understanding them is going to take more time and money than first thought"
Nobody forced Bird to say it would be ready to go in May only weeks ago did they ! Surely Bird understood what was going on at Bushranger or he should not have been giving all those "Its Big Zak" interviews !!

[zhtan1] 16/5/2022 12:40

Lurker5 and others, there are a number of posters on this chat (and indeed most chats globally on any subject!) from people who display classic ‘dark triad’ personalities. This is a very well known condition in the field of psychology/psychiatry. Studies have also highlighted that so called internet trolls very closely align with this personality profile. The triad refers to narcissism (grandeur/superiority/lack of empathy) macheavellianism (manipulation, exploitation) and psychopathy (anti social, callous, unemotional). To cut a long story short such people get their fun, buzz, gratification, etc purely from the reaction they get, the discourse and chaos that they can create. In the physical world the professional advice is just to avoid such people at all costs. Online it is simply to ignore (if unable to block). Never respond in any way. That is the only thing they are after. It is their very life source. Ignore them and you annoy them more than you could imagine…

[papillon] 16/5/2022 12:05

XTR is like all other speculative explorers, in that it's news driven. In the absence of news the share price slowly drifts downwards, unless news leaks.

[papillon] 16/5/2022 11:49

👍 lurker5

[lurker5] 16/5/2022 11:47

Your posts have the feel of playground ya-boo Mr Asitis. Since you obviously don't understand the nature of mining exploration, you're not old enough to post on this thread. Drilling is an uncertain activity. Its obvious Xtract has found complicated structures at BR and understanding them is going to take more time and money than first thought. CB is probably having to rethink his strategy. Mining investors understand that. When facts change, grown-ups change their thoughts and don't panic. Now go away and play.

[onedayrodders] 16/5/2022 11:30

Disgruntled investor who has obviously lost out big time on a previous CB venture trying to achieve self therapy by stalking a BB.

Serves no purpose or adds any value

Asitis16 May '22 - 12:23 - 363 of 364 (Filtered)

[asitis] 16/5/2022 11:23

How many cuts left to 1000 ? Cant be that many left.

[asitis] 16/5/2022 08:35

Still no interview to explain the over promise and under delivery. The market believes that no news is bad news so this will drift down to the 4's despite shareholders being kept in the dark. This has the feel of Moz gold debacle all over again.

[papillon] 14/5/2022 22:05

free stock charts from uk.advfn.com


I'm bored. I need a little fantasy in my life so I'm posting this XTR log chart! 🤣 🤣 It's pure wishful thinking on my part, but you never know! Stranger things have happened! I live in hope!

[asitis] 14/5/2022 16:54

I predict Bird will buy himself time by explaining how the gold in hole 33 will need further evaluation. This will keep the rose tints in echo chamber happy for another 6 months by which time the buy back will have gone the way of Moz Gold, O'kief copper dump and Chepica. How is Kalengwa doing btw ?

[lurker5] 13/5/2022 11:36

Sorry - I posted on wrong thread !

[papillon] 13/5/2022 10:31

I agree with your comments on ARCM, lurker5. 👍

[lurker5] 13/5/2022 10:19

Papillon you can't expect the market to be interested until drilling starts and it gets an idea of the potential. GGP raced away when that started but has (as is usual in pi dominated explorers) grossly overshot and is now unwinding - but in my view still overpriced. That's basically because a minority stake in a prospect doesn't attract any where near a full rating. ARCM will probably follow the same trajectory - but maybe not for another year.

[papillon] 13/5/2022 10:03

Zero Matrix 👍

[lurker5] 13/5/2022 08:47

Its true Steve. Arsthritis has posted since last Aug on only XTR - on average about once a day. Most with little insight into mining exploration strategies. So there must be a psychological element here. Probably lost on some share move and now has a permanent grudge. A lot of obsessive posters on these boards seem to have a personality problem of some sort - its probably the only outlet for them from a non-entity job somehere.

[arcadian] 13/5/2022 08:32

I do accept this.

[zero matrix] 13/5/2022 08:27

Without them you would have a hell of a job building a position in these small cap comparatively illiquid shares. Imagine trying to offload some or all of your position in a rapidly falling market, or indeed getting hold of any tightly held shares if the price starts to rise on news. One benefit of market makers is that they are obliged to buy or sell from you according to the 'Normal Market Size' that has been set for an individual stock, regardless of whether they want the shares, or even hold them.

[arcadian] 13/5/2022 08:17

I suppose we have to accept that as well as buyers and sellers there are third parties known as market makers.

[steve4077] 12/5/2022 18:21

>> Those drill results were from holes prodded into the already known JORC resource! <<
I don't normally get involved with the detail of asitis' constant anti-Colin diatribes, but on this occasion it is easy to demonstrate that he has never read an XTR RNS, or he is just plain lying. Below is a link to the drill plan for Racecourse, which was part of the RNS from 2 days ago. There are 49 holes. Only 13 are within the existing JORC area. The existing JORC is about 300K tons. Anyone who has actually done some research will know the company is aiming for 2mt or more and is very probably way past that point, based on those 49 holes They would also know that updating the JORC is the trigger point for an AA buyout, so there no sense in updating it until the drilling is completed, or it would just cost shareholders money. Asitis, you really are a most unpleasant individual who seems to spend his life trying to prevent anyone else having the success that has obviously been denied to you. I don't know how you can even look in the mirror each morning. Drilling plan link:

[asitis] 12/5/2022 17:42

and XTR doesn't have the cash to support a decision to mine. I think AA or any other major will sort of know that. Those drill results were from holes prodded into the already known JORC resource! Strange how the share price can spike when a cash raise is needed.

[papillon] 12/5/2022 15:24

XTR got the licence "on the cheap", Asitis, because ProspectOre didn't have the cash to drill on Racecourse to increase the size of the deposit. The reason why the XTR share price spiked up 4 fold in January 2021 was because of XTR's excellent drill results. You know all this, Asitis, so stop being obtuse. Stop playing the dummy. For God's sake grow up and stop playing the fool.
I've had enough of your nonsense. I'm putting you on filter

[steve4077] 12/5/2022 14:03

Not quite as ludicrous as constantly posting negative comments, most of them invented or deliberately misleading, on the forum of a share you don't even own. The phrase 'get a life' springs to mind.

[asitis] 12/5/2022 13:55

Bushranger was acquired (with a JORC) for around £1m which reflects its value to the market. Quite why all the rose tints in the echo chamber feel it is worth multiples of that is quite frankly ludicrous.