Xtract Resources Live Discussion

Ripley94 08 Jul 2019

Institutional Investors! XTR… XXXX LOL … Up 10% today to 1.29p

Dragonslayer1 06 Jul 2019

Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures theprior Be fantastic if it drops into the 0.80p /share again but with Sino 2 alluvial results due in days I think under 1p /share is a buy for me . There wasn’t much buying to elevate the SP from 0.87p /share only last Monday to 1.35p / share on Thursday but there was huge selling going on yesterday that’s why I feel MM short positions were closing . I never do limit buy or sell orders but do use trading tranches to fund buying extra shares for my long term hold position . Hence must admit to feeling a little uneasy about wanting the SP to drop just to fill my trading tranches again when news regarding our copper joint ventures in Zambia might through a spanner in the works . Yep , Zambia is certainly looking more promising to the likes of Arc Minerals ( ARCM ) with copper discoveries exceeding expectations … brrr … I’m not invested in ARCM just researching to see what potential Zambia may hold for XTR .

theprior 06 Jul 2019

Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures Must admit I sold a trading tranche into yesterday’s rise. If this yo-yo pattern continues we could make a few bob here! Limit buy already in, just in case it drops into the 80s again! Luck all TP

Dragonslayer1 05 Jul 2019

Fantastic week for XTR leading up to Sino 2 , alluvial revenue figures Ironic how there were very few buy trades prior to the uptrend that started last Monday at 0.87p /share to buy and yet we’ve seen a great many sell trades going through of size since it reached 1.35p /share to buy yesterday prior to close of trading . Even more puzzling is to buy towards the end of trading only small quantities of shares were offered before Negotiated Trading ( N/T ) kicked in but some lucky person managed to bag 90k shares at 1.149p /share 30 seconds before close of trading . Spread quickly went back up to 1.10p - 1.20p . So my personal thoughts are Market Makers ( MM’s ) took the share price up to close their shorts . The volume of buy trades prior and during the rise from last Monday rules out traders . Even before the last tranches of short positions were closed my 150k share tranche to buy was sent to N/T . With Mid July being only days away the alluvial results from Sino 2 should be far better than previous quarters with far more plant on site and a commitment to meet minimum throughput targets it should be a cracker . Not forgetting previously stored dorey bars have been sold but current dorey bars may not show in the quarterly results as sold hence worth checking to see how much gold is now being stored at Manica in the Q2 2019 results . It’ll obvious to me it will be far higher than what we had before or Mr.Colin Bird would never have sold all stored gold at Manica having used it previously to even out quarterly revenue figures . He is after all a very cautious steadfast man . So to the lucky person who bagged the 90k shares at close of trading I say well done since my 150k share request was sent to N/T I blame greed for me not bagging them but then share price was taken down to off load MM shorts in my mind so many be not greed just out foxed by the MM’s .

Dragonslayer1 04 Jul 2019

With Q2 2019 coming to an end it's a new beginning for Sino2 profits coming XTR way Such a frustrating share for traders to trade . Only 4 days ago you could have bought shares at 0.87p/share but at the end of trading today 1.30p /share was being asked with buys of over 200k shares going to Negotiated Trading ( N/T ) . Traders might have the command of a companies Market Cap if the company has issues like need of placings to pay OPEX or there is no revenue stream to cover costs in general but Xtract Resources isn’t one of those companies . It’s debt free , owns the Manica Prospect , has sub contractors creating an ever increasing revenue stream hence rather than a traders share this is an investors delight . Aye , there will be a few posters on other bulletin boards trying to make it a traders share but today’s volume was to light and with buy trades taking the share price up there’s one question " why are the Market Makers happy to take your shares but make purchasing ever dearer " ? Might be they’ve read all the RNS’s and understand what’s going on at the Manica prospect near term , medium term and long term . Then there’s Sino 2 revenue results due mid July being bolstered by unsold dorey bars that were being stored at Manica , sold at a higher price in Dubai I might add . Alas Xtract Resources is a sound company thanks to Mr.Colin Birds cautious approach and no doubt will make share holders very rich with everything he’s got lined up for the company .

Dragonslayer1 28 Jun 2019

With Q2 2019 coming to an end it's a new beginning for Sino2 profits coming XTR way Appears remaining stored gold at Manica from previous quarters has been sold in Dubai with further gold sales also going that way for higher prices than if sold locally . With Xtract Resources sub contractor Sino 2 operation in fine weather for a while now throughput targets should be easily met and exceeded . As for the direction towards the Chicken farm with less over burden and higher gold grades that’s a positive thing too . With Omnia due to process hard rock from Guy Fawks in their nearby prospect using their hard rock plant we may even get an update same time as Q2 2019 alluvial profits for XTR are announced ( mid July ) . Wouldn’t surprise me since it’s deemed as processing low hanging fruit , high grade specific areas of the 1,350m long and 120m deep deposit . With gold intercepts of … 2m at 11.15g/T Au 1m at 21.96g/T (GFR03) 3m at 2.35g/T (GFR04) It’s an area mapped that can be cherry picked to a degree dependant upon Mr.Colin Bird obviously but known low hanging fruit and it’s where abouts a huge catalyst for Omnia . With Omnia having built their hard rock plant without hard rock on their prospect to process I’m sure ever effort to get this low hanging from Guy Falks to Omnia’s prospect for processing will happen asap . Aye , Xtract Resources looking comfortable with revenue streams in Gold increasing in quantity as well as value . With world trade disputes , disagreements with Iran - USA - China , EU , etc … may even see US$1,700 /oz before year end

Dragonslayer1 20 Jun 2019

AGM tomorrow , Sino 2 alluvial revenue due mid July , Omnia Hard rock update due anytime With Sino 2 coming to the end of their first full quarter since the renegotiated contract of Feb 1st 2019 it should be a very pleasing AGM . We know Sino 2 are heading towards the chicken farm area where they’ll encounter less overburden and higher grade alluvials hence not only greatly increased throughput but higher returns on that throughput should be forthcoming . Weather in the Manica province has been favourable for a while now allowing Omnia to further advance the hard rock operations they’ve signed up to . Not forgetting fair brides is also available to them but the 12 hard rock areas previously available to them should be showing signs of a revenue stream by now . Preparations are everything in mining hence tomorrows AGM might shed some light on those terraces . Strange how a company such as Xtract Resources is valued so low by the Market Makers , under £3m when it’s debt free , owns the Manica Prospect license , has sub-contractors doing all the work creating an ever increasing revenue stream but then Shorts are applied with the usual placings being used to close them by Market Makers . Xtract Resources hasn’t had need of a placing since 14th Nov 2017 . Mainly because Mr.Colin Bird transformed the company into a low cost , low risk business with huge potential opening up in the copper exploration joint ventures in Zambia on top of the ever increasing alluvial revenue stream from Sino 2 and of course the hard rock of Manica to give it that lift that’s just around the corner .

Dragonslayer1 13 Jun 2019

With Xtract Resources potential worth keeping an eye on significant investors positions Market Maker in buying mode just did a dummy sell of a million shares a few times and every time accepted without Negotiated Trade (N/T) kicking in at 0.805p/share . I’d say they’re either closing a short or filling an order or both to create another significant share holder … brrr … not me but ironic how to buy over 500k shares you have to go through (N/T) with Halifax online share trading even though the real time ask is 0.835p/share . Similar pattern been happen a while now but much rather have large share holders / significant share holders interested in Xtract Resources than traders .

Dragonslayer1 12 Jun 2019

With Xtract Resources potential worth keeping an eye on significant investors positions I noticed on Xtract Resources Plc website two individuals Mr Alex Terry and Mr C Stewart have a combined total of 9.92% of the company’s shares as of 7th May 2019 . I knew from communications with captainBob ( lse chat site poster ) that several of us own over 1% of shares in issue each but this is new to me . Recent share price activity suggests there may be other large share holders building positions since the ( MM’s ) used 0.70p / share prior to the recent hard rock agreement announcement and now appear to have pitched around the 0.90p /share . Yep , I know the SP went lower than 0.70p /share since I bought some at 0.64p /share similar pattern now . Once the orders are filled prior to the Q2 2019 alluvial revenue stream results I’m sure we’ll see a significant rise in Market Cap . After all these large share holders aren’t loading up for no good reason and with dry season allowing Sino 2 a clear path to meeting their 24 x 7 throughput commitment I expect Q2 2019 revenue from alluvial sales to be much higher than last year . www.xtractresources.com/shareholders.htm

Dragonslayer1 11 Jun 2019

Thursday 14th June 2018 , RNS , update A year ago we were given an unexpected Alluvial progress update via RNS . owing to the wettest of wet seasons for many a year Q1 ,2018 . With the cyclones Idai and Kenneth arriving this wet season it wouldn’t surprise me if like last year we don’t get an update of Q1 alluvial production before mid July . The RNS a year ago outlined Omnias hard rock collaboration agreement with trenching uncovering concealed extensions to hard rock exposure . Highlighting exploration within the Manica prospect was still in relatively early stages even with fair brides and it’s DFS to back up a case for high grade 2.62g/t open pit gold mining . A year on , 29th May 2019 : Funding and operational agreement for Manica hard rock gold deposits signed with MMP, in partnership with Omnia . With Xtract Resources to receive between 20% and 23% (dependent on prevailing gold price) of the hard rock after tax operating cash flow . Ironic how the Market cap of Xtract Resources is so low when on the 16Th January 2019 a new alluvial contract was signed with Sino 2 , greatly increasing throughput tonnage which started February 1st 2019 utilising 2 fully operational plants with a minimum throughput of 200 tonnes per hour on a consistent 24 hours per day basis . Yep , that’s good news on top of good news over the last 12 months and yet the Market Cap has gone down and down . With cash in the bank , alluvial revenue stream , dorey bars stored at the Manica prospect to even out revenue quarterly updates but hey ho … we’ve had that new agreement announced to double the plant with a commitment to perform 24 x 7 … hence hopefully the next RNS will re-rate Xtract Resources , market cap to a more realistic value . Then there’s the hard rock that will provide consistent revenue streams on an ever increasing bases to factor in as the year progresses … hum … Xtract looking good , very good for the near term , mid term and most importantly long term future .

Dragonslayer1 06 Jun 2019

Institutional Investors! theprior Your failing to realise this feels like a tree shake to me . With 0.89p /share real time to buy along with N/T kicking in on anything above 550k shares purchase request . It’s more likely the ( MM’s ) scrapping bottom of barrel triggering a stop lose or two . We’ve news due on many fronts due along with certain share holders including myself holding percentages of the company . Aye , they be called sticky finger share holder for one reason , " they have a fair idea how much Xtract resources is now worth and it’s far more than what the MM’s would have you believe ". Patience mate … seen similar trading patterns in 2013 … spike / drop back on very few shares / spike / drop back on even less shares / then super spike followed by uptrend to increase SP by 700% within 3 months …

theprior 06 Jun 2019

Institutional Investors! Well that’s my 1p buywelland truly trashed! Serves me right for being overly enthusiastic. I might have known this would end up back in the bargain basement ️

Dragonslayer1 04 Jun 2019

With alluvial income , hard rock agreement signed strange how ( MM's ) value XTR at £3.25 million With so few shares changing hands I’d say the ( MM’s ) have moved their catch the novice SP up from 0.7p /share to 0.90p /share . With alluvial revenue stream figures for Q2 , 2019 expected to be a lot higher than previous quarters not only on throughput side but 50 / 50 profits split with Nexus giving a 20% increase to XTR from earlier quarters when split was 60 / 40 to Nexus . Hard rock agreement for fair brides gives XTR , 23% net profit of gold produced . With the DFS stating 2.63g/t that’s a huge future revenue stream for XTR as long as Mutapa Mining and Processing LDA (“MMP”) doesn’t exercise it’s option to purchase the Fair bride concession for US$20 million . With Ominia already in an agreement to process 12 other hard rock areas within the Manica prospect , XTR would still have an important stake in hard rock development as well as being cash rich allowing it to purchase nearby concessions for further expansion in Manica . With Xtract Resources being debt free , cash in the bank , dorey bars at the Manica prospect and so much potential going for it I find it surprising the Market Cap is only £3.25 million but then the ( MM’s ) will re-rate XTR when they’ve cleaned the bottom of the barrel of novices / traders / shorter’s and those chasing dreams in Neverland .

Dragonslayer1 31 May 2019

Audiboom Podcast .... 31st may 2019 ... Mr,Colin Bird on Xtract Resources Podcast for Xtract Resources starts at : 15 minutes and 15 seconds in . Vox Markets Audioboom, Xtract Resources, Vast Resources - Vox Markets On today's Vox Markets Podcast: Audioboom, Xtract Resources, Vast Resources

Ripley94 30 May 2019

Alluvial processing by Huafei to provide massive boost for XTR revenue stream XTR… XXXX ( Main posts on Institutional investor tread below ) Reflecting on this end of January post , is was a good time to buy . And good job in hinsight i made exception with Flybe , when it had looked like a mistake at that time. Its one complete gamble …lol