Dragonslayer1
26 Jul 2019
Today's placing for £1,000,000 at 1.20p /share and what it's for theprior I got me first trading tranche back … hooray … 100k shares at 1.256p / share . Well chuffed with that . Strong resistance at 1.21p / share so maybe should have taken a few more …
theprior
26 Jul 2019
Today's placing for £1,000,000 at 1.20p /share and what it's for Managed to bag a few at 1.25. Let’s see where it goes now! TP
Dragonslayer1
25 Jul 2019
Today's placing for £1,000,000 at 1.20p /share and what it's for Bit of a shock to start with but soon realised most if not all placing shares have already been forward sold . The large volumes of recent days led me to believe option shares had been triggered above 2p /share but the volume soon changed my mind since Xtract Resources has issued only a few option shares . So why was the need for the placing ? following paragraph taken from attached RNS : The Board are particularly optimistic on the fundamentals for copper price increase and recognise the necessary and indeed accelerated expenditure will place the company in a strong short term position with its Zambian copper assets. Additionally, the fundamentals for gold indicate strength and as such returns from our Mozambique gold assets will also be assisted by this placing. www.ii.co.uk/news/issue-of-equity-rnsLSE20190725160353_14163741 Following the placement of 83,333,333 new Ordinary Shares of 0.02p each the Company will have 438,508,052 Ordinary Shares in issue with voting rights. Not to many considering the last placement was done on 14th November 2017 . I did a dummy top up and was asked 1.345p/share but read the L.S.E. bulletin Board before pressing the buy since Kat and her many pseudonyms ( user names ) was already bashing in style . Sadly not many sellers but I’ll see what happens tomorrow and hopefully get in as near the 1.20p /share as possible . Aye , my trading tranches might just about to be reloaded before the Sino 2 alluvial profits RNS … brilliant timing Mr.Colin Bird …
Ripley94
24 Jul 2019
Institutional Investors! XTR… XXXX Shows down 10% today but still 1.6p
Dragonslayer1
23 Jul 2019
3 months since last alluvial update is a week Thursday I enjoy reading the L.S.E. bulletin board to get a general feel of what the traders / investors / Kat … are all doing and obviously the most probable course of future share price travel . I haven’t got any trading tranches as I sold them in the wash & rinse cycle we were in for months lower down . I do have my long term hold shares that are smiling at me every time I log into my account . So what have I gleaned from the traders is they’ve top slice , investors are very happy with the recent sharp rise in SP and Kat using multi pseudonyms wants everyone confused by her posts so much so traders either sell thinking that’s it or they do some research and keep some long term hold shares since the SP is unlikely to retrace when news is days away . News of the alluvial profits from Sino 2 with their new increased throughput commitment along with the chicken farm alluvial’s to process should be substantially up on a year ago . We may even get a progress report regarding Omnia and the hard rock processing from Guy Fawkes . Selecting cherry picking of Guy Fawkes should yield fantastic results if processing has already started which wouldn’t surprise me . The MM’s are walking this up daily giving the impression they know something , maybe they do maybe they don’t it might just be significant share holders have orders to fill . Yep , Mr. Colin Bird has many friends who would like a slice of this company I’m sure .
Ripley94
22 Jul 2019
Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures Thanks for the advise prior it is ironic the one i do not hold some back… takes off. up 21% today now 1.65p
Dragonslayer1
15 Jul 2019
Today's Memorandum of Agreement with KPZ Another low risk project that if proved worth while after the 90-day due diligence period might add another string to Xtract Resources bow . It all reads nicely and with KPZ demanding USD200,000 to be settled through the issuance of new Xtract ordinary shares based on volume weighted average share price for the month ended 30 June 2019 . Mr. Colin Bird already knows how many shares will have to be placed to conclude the agreement . He’s a shrewd man hence any placing of shares for this Kalengwa Processing Copper Project to take place there must be an awful lot of upside for Mr. Colin Bird to agree to the deal . Thankfully the cost is quoted in US$ against a company currently valued at around £4 million hence not a lot of dilution if after due diligence the deal is done . We’ve Sino 2 alluvial Q2 2019 profits to look forwards to along with a progress report regarding Omnia working the Guy Fawkes hard rock . My personal opinion with deramping going on on the L.S.E. bulletin board is there’s a short or shorts open after the recent 80% gain in a single day . Obviously Kat and her 50 pseudonym’s are easily detectable and this is how I see it . Good news comes to a company that’s being shorted like XTR then out of the blue a new poster to the L.S.E. XTR chat site starts posting false information . Nothing has been agreed if it had the shorter / shorters would have been squeezed there is however a time line of 2 weeks , 3 days before Sino 2 alluvial results squeeze the shorter / shorter’s hence any downward drift will be shorts closing filled most probably with shares held by the MM’s around the time of the Alluvial results July 1st approx . Additional pressure from Pi’s will help squeeze the shorter / shorters but I’m being patient and waiting for an SP below 1p / share to buy my trading tranches back . All in my opinion of course with research easily found through reading recent RNS to back up my positive stance for XTR .
Dragonslayer1
12 Jul 2019
Reason for Xtract Resources , recent share price drop I’m trying to figure out why the Market Makers are taking the SP down . Are they closing shorts in open market or is it because the Q2 2019 Manica Concession , Alluvial Gold Quarterly update isn’t expected until 1st August 2019 . I’m starting to suspect the later since Q1 quarterly update RNS wasn’t issued until 1st May 2019 , owing to dorey bars being sold in Dubai at a higher price . We know our gold is going to be sold there in future too hence 3 months from May 1st takes us to August 1st giving Market Makers plenty of time to create a market by dropping the SP , rising the SP , dropping the SP … etc … aye , it’s a funny old game .
Dragonslayer1
10 Jul 2019
Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures theprior looking more like Market Makers ( MM’s ) closing shorts before news every day . Just did some dummy trades 1.275p /share to buy , 1.25p /share to sell . Hence they’ll catch a few traders with their shorts closing in the open market as they’ve done so many times before . Sadly my trading tranches have been used meaning I’d like to see the SP drop before news but news is due regarding Q2 2019 alluvial results , Omnia processing hard rock up date cherry picking from Guy Fawkes . Then there’s the wild card copper / gold tests drill results from Zambia … brrrr … not forgetting XTR are debt free , cash in the bank very little direct operational costs to worry about .
Ripley94
10 Jul 2019
Institutional Investors! XTR… XXXX looks like that 1.29p was the top it retraced back down off that again today .
theprior
08 Jul 2019
Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures It’s not easy making money at this game, in fact, 90% of retail investors lose money, so no point feeling bad about it. It’s a long and steep learning curve. And predicting which way a share is going to move, even with charting, is nigh on impossible in most cases. Just take opportunities to take a profit when you can and hope you come out on top! Good luck TP
Ripley94
08 Jul 2019
Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures Lol … yes that is what i usually do , I had noticed with AIM in hindsight many times i would of been better if id ditched the lot . Not a lucky guy with shares , the one time i do something different !! With these down so much holding was not worth selling a tranche , also played into it . ( At least i know the reasoning behind my ways is not so daft now )
theprior
08 Jul 2019
Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures Hope you didn’t sell them all? I just work in small tranches and hang on to my vote holding for when the real money comes in TP
theprior
08 Jul 2019
Institutional Investors! Pity, I was hoping it would drop back into the 80s so I could buy my last trading tranche back ï¸ TP
Ripley94
08 Jul 2019
Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures I thought i must be finally learning when i read this post prior . As i had done the same but before you posted . Not looking so smart today .
