Xtract Resources Share Discussion Threads

[papillon] 25/5/2022 15:22

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 15:12

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 15:09

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 15:04

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 15:04

"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 15:01

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

[papillon] 25/5/2022 14:59

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 14:55

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 14:52

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

[tdoubleu] 25/5/2022 14:51

Have you ever run any statistical analyses of your prediction vs real world results. In the short time I've read them they are wrong more than not, I would walk away from your charts for AIM shares, to be honest for most shares at the moment they just aren't going to give you anything. I would be interested in seeing it if you have, my instinct would say you have a better chance flipping a coin but I'm happy to be shown I'm wrong (with workings included!)

[papillon] 25/5/2022 14:51

Here's another link, backtothesoil, which shows I didn't make up the term "Double Top" either!

[backtothesoil] 25/5/2022 14:50

I thought you had already had me filtered.

[papillon] 25/5/2022 14:47

Just so you know that I didn't make it up, backtothesoil

[zero matrix] 25/5/2022 14:37

Blue makes a welcome change in colour scheme. An hour of trading to go. I watch with interest.

[papillon] 25/5/2022 14:32

Don't be as stupid as your name implies, backtothesoil.
I said 4p was a possible short term target share price given by the bearish double top. Google a chart double top. I didn't make it up.
Nothing goes down in a straight line, just as nothing goes up in a straight line. Have you never heard of a dead cat bounce? I never made up the term Relative Strength Index (RSI) either. Look that up as well, while you're about it.
You're a cretin, backtothesoil. An ignorant curmudgeon. You're filtered.

[backtothesoil] 25/5/2022 13:44

So 19 hours ago your charts were expecting 4p. Now they are expecting a bounce. Total rubbish.

[papillon] 25/5/2022 13:03

Well according to the 14 day RSI XTR is oversold and has been since early last week. So expect the share price to bounce, but when and from what price is just conjecture at the moment as shares can stay oversold for some time. One needs to see the RSI start to rise from an oversold position. Currently the RSI is still declining.

[guyshelby] 25/5/2022 09:51

We are seeing quite normal reporting now for AIM companies, the phase 1 and early phase 2 news blitz was to reduce dilution as was always going to need to be funded which is par for the course in junior exploration mining. Partly too, to uk private investors general lack of understanding of porphyry deposits with their big bulk, low grades. An ASX listing may have been a consideration if it were not for being in the unique position of having the buy back agreement, which the project marketing has centred around. So the fact news has dropped off is a certainty no further placings will follow.
With fairbride not expected to start until June/July now, imo is an indication exploration is coming/ has come to an end after with potentially the 2mt has been modelled. No need for hand holding now, trust your research that made you decide to invest and sit tight now.

[goforgold1] 25/5/2022 09:00

That chart looks very very bad . Market saying things are not right and insiders are getting out . Not in

[asitis] 25/5/2022 08:59

The "new group" of poster experts over at lse echo chamber clearly haven't been in XTR long enough to understand the signs when things are not right.

[papillon] 25/5/2022 08:53

You didn't move the price with your 5 purchases totalling 1m shares, johnswan193, because there were 4 sells at around the same time totalling just over 1m shares. If you hadn't been buying the share price would have likely dropped lower than it did this morning.

[ih_679027] 25/5/2022 08:48

What would all give us confidence if Colin would buy some stock in the market !

[cinoib] 25/5/2022 08:43

I hope you don't all get your fingers burnt as something is not right here so like a lot of regular posters, have moved to pastures new.. Will keep an eye open, just in case anything new crops up.

[picardy] 25/5/2022 08:18

I wish I had funds available. Thinking even of selling some other stocks to add here. Complete nonsense, not helped by CB's silence I must say.