Xtract Resources Share Discussion Threads

[mostro] 15/6/2022 15:45

Must be near 12 month low, hoping for a bounce soon!!

[mtw] 15/6/2022 11:53

On time if they were acceptable. But you probably know that. CB does seem to keep back bad news when it suits. If Q1 and Q2 were acceptable they would be released promptly but I suspect Q1 was poor hence the delay.

[the count of monte_cristo] 15/6/2022 11:39

mtw - when were they supposed to be released?

[the count of monte_cristo] 15/6/2022 11:39

Bushranger mentioned on slide 13

[denjon] 15/6/2022 11:38

My final, final, top up. Win or lose that's it. Fortunately have bought chunks at c2p up to 5p so am still in profit. Life's a gamble. Won't be at a loss unless it falls to c3.5p. I'm still optimistic! Good luck to all holders.

[mtw] 15/6/2022 10:33

Something not quite right here. Why are the alluvial results delayed ?

[mtw] 15/6/2022 10:31

Something not quite right here. Why are the alluvial results delayed ?

[papillon] 15/6/2022 10:16

Being able to buy below the mid price of the bid/offer spread is often a sign that the share price has further to fall, denjon.

[asitis] 15/6/2022 09:13

So is it the sheer embarrassment regarding the total non delivery at Bushranger, Kalengwa and Eureka that has caused Bird to go into hiding ? As predicted, Bushranger is a dead end for shareholder value as it seems it has now become a "new exploration" play to satisfy the geos rather than shareholders interests. The shareholders here have witnessed so much dilution for so little value. Even Manica considering all the dilution there has not impressed the market. share price only downwards from here.

[denjon] 15/6/2022 09:03

Topped up @ 4.70p but shows as a sell. Guess some of the other trades @ 4.7 are buys too.

[papillon] 14/6/2022 22:22

I'm beginning to have doubts that gold will take off and hit fresh highs in my lifetime! 🤣 🤣
I live in hope! Hopefully I don't die still hoping! 🤣

[papillon] 14/6/2022 22:20

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Looks like the XTR share price is in for a period of sideways motion.

[lurker5] 13/6/2022 12:09

Don't forget the stated cash flow / oz prodn is an 'average' over an apparently long unstated LOM with presumably increasing production. So no guide to medium term. Maybe CB has a better handle on it - maybe not.

[jjb71uk] 13/6/2022 11:46

EMPRESS ROYALTY ANNOUNCES PRE-PRODUCTION AT MANICA GOLD MINE
Empress Royalty Corp. (TSXV:EMPR | OTCQB:EMPYF) (“Empress Royalty” or the “Company”;) is pleased to announce that pre-production has commenced at the Manica Gold Mine (“Manica”; or the “Mine”). The Company owns a 3.375% royalty on Manica, which is located in Mozambique and operated by Mutapa Mining & Processing LDA (“MMP”).

“Congratulations to the team at MMP for their hard work and dedication in taking Manica from a development stage project into a producing mine,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “The Manica Gold Mine is our second development asset reaching pre-production and demonstrates our team’s ability to make strategic investments that create significant returns and value for our shareholders.

FINALLY!

[the count of monte_cristo] 13/6/2022 11:38

Good video on copper, explaining, amongst other things, just how difficult it is to find and permit a mine these days.

[the diddymen] 11/6/2022 06:23

Colin Bird has been more reserved and in that sense it makes calibration more difficult.

The key driver on the share price at the moment seems to be investor fear of an 'AIM' placing. From what he has said on podcasts there should have been a route through to give assurance; ie he should have been able to justify to the NOMAD the ability to make s positive statement.

Whether it is relevant or not we will never know! Hopefully CB feels he has stated enough for the dots to be joined up. (I do not like mixing 'hope' and AIM in the same post).

[papillon] 10/6/2022 21:53

DOW and copper down, gold up!

[arcadian] 10/6/2022 16:46

I think Colin too would prefer a higher market cap but he can only say so much and to be fair he tries not to overstep the line.

He too awaits Ascot which may even turn out to be more valuable than Racecourse. It would be an appetiser if packaged but I have revised my expectations downwards as we do our best to await news of gold down South while Colin models the North.

[the diddymen] 10/6/2022 16:35

Arcadian very happy on the patience to prove up, but 'patience' costs money! The answer on African cash generation has orally been given by Colin Bird but it has not been followed up by an RNS.

While I am not sure if the short term share price is relevant to the outcome, I have an instinctive feeling that more effort should have been put in to maintaining the share price through more effective communication (if facts permit of course).

[papillon] 10/6/2022 12:48

Both gold and copper are down today.

[arcadian] 10/6/2022 08:36

Time to be patient and await the Ascot assay findings.

[onedayrodders] 10/6/2022 07:39

Commodity prices will be going much much higher and at some point will spike dramaticallyThe other side of that coin is misery for the majority in surging inflation

[papillon] 09/6/2022 14:36

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The 20 day SMA has acted as resistance again. I expect the XTR share price to go sideways within tightening Bollinger Bands. I don't currently hold XTR, but it's one of the few shares I follow. I know many punters on shares eschew charts, but I find they have saved me money since I started to take an interest in them. For instance they got me out of MTA 10 years ago and LOGP & PVR many years ago.

[papillon] 09/6/2022 12:19

🤣 lurker5.