Xtract Resources Share Discussion Threads

[gozo] 27/5/2022 14:01

Good to see the fives againGold incoming by the sounds of it

[denjon] 27/5/2022 13:33

XTR is mentioned. Sounded very positive.

[the count of monte_cristo] 27/5/2022 12:20

Others seemed to have followed you:)

[arab3] 27/5/2022 12:12

did you move the price papillion ?

[papillon] 27/5/2022 11:56

Bought back in because it was oversold (RSI less than 30) and is due a bounce back up. How high is the unknown.

[papillon] 27/5/2022 11:32

Well the RSI is oversold. The last time it was this oversold was around a year ago.
The XTR share price is due a bounce. The only question is how high will it bounce back?
I'm keeping a close eye on the 50 and 200 day EMA's. Currently a falling 50 day EMA is still above the 200 day EMA.

[chris cat] 27/5/2022 10:55

In for a penny, I've just taken a few more....Nothing that will set the share price alight I'm afraid

[chris cat] 27/5/2022 10:47

Thanks John

[johnswan193] 27/5/2022 10:27

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 10:03

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 09:33

'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 09:26

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 08:40

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 14:28

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

[asitis] 26/5/2022 13:31

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

[papillon] 26/5/2022 13:22

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

[the count of monte_cristo] 26/5/2022 07:25

Colin did very well for the JLP shareholders.

[denjon] 26/5/2022 07:14

Colin has gone.....

[guyshelby] 25/5/2022 18:20

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 17:57

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 17:17

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

[papillon] 25/5/2022 17:01

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 15:58

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 !