Hi ya drif ........ so the Fed won't be printing any more money ....... lol ....... so the USA defence budget won't suddenly balloon by " x " amount of billions from the Fed's printing presses . I agree 0.15p is an excellent buy in price but we've been taken down on very little volume compared to other AIM listed companies . Just watching DOR and SOLG has been frightening with the size of volume of share sales going through . Hence in my opinion the MM's have taken XTR share price down in the hope of deterring traders selling high here buying low in other companies . Strange how they haven't taken the SP down a lot lower to counter that thought though . I'd be looking at 0.11p to equal DOR and SOLG on a comparative basis . Good thing is we're a revenue producing company not only in Gold but Copper too as our XTR website shows with a very high rate of concentrate recovery hence 0.15p might be the floor as I said the other day . Any substantial buying will quickly have us up in the 0.2p range since the MM's were accumulating there prior to that bomb shell Pi's were selling not Yorkville .
destroyed.... I'm down an avg of 35 to 50% on many stocks now.... all resources of course... well this will be a long VOYAGE I think... my idea is adding 250K shares all months here at XTR then I will get an avg of less than 0,20p in the next 3 months and perhaps our OLD target 0,45p to 0,50p could be recovered on the next 24 months... let see and GLA
drif ......... it's good to hear you and your family are well .... :-)
The whole stock market is going through a correction right now maybe I should have been a bit more specific when I said XTR is holding up well . We've money in the bank , no need to go to the market for money since we have revenue from Chepica concentrate sales to Enami ( Government Refinery ) . An earn in agreement with Polar Star ( soon to be renamed " Newco " for the purchase of the remainder of the Chepica project . Which with recovery of 85% of concentrate from ore makes the current production of 6500 tons/month at 3 grams/ton Au and 0,6% Cu only from on reef development sound very good .
I shouldn't compare XTR with other companies such as SOLG , DOR , ECR , NTOG , TESC , since their share prices have plummeted not by small sells such as ours but through huge volume . Then we got some pretty big holders of XTR shares and not many on offer to Pi's in reality especially with that 200 million private investor shares disappearing into the MM pockets above 0.2p and before the Yorkville RNS ........ hum ...... Colin Bird will be cash positive after " Newco " deal is finalised I wonder what he'll be spending some of that money on ...... All holders of the aforementioned shares please accept my apology for pointing out the sizable volumes that have driven those shares down . Sad to see but I did say on the SOLG board a few weeks ago I'd sold out at 6.1p until funding was settled . The SP today well I could have bought back in 50% under what I'd sold for but ...... strewth I feel sorry for anyone watching those type of events unfold .
We are all good cheers, tired but good! Im not sure to agree we are holding up well, many gold miners are underwater today as asset buying ended in the US but XTR now needs to give confidence to the shareholders, one little problem is gold market is very mixed right now and looking confused. Keep the lights on for me space as Pedro is currently keeping mine off!
Hi ya mate , trouble with XTR holding up far better than many AIM , LSE listed companies is private investors think they can better their money else where . Then they lose more of their capital when the company they jumped ship for takes a dive . The MM's know this and have negotiated trading kicking in at 3,5 million XTR shares to buy .
With Newco I was shocked by that reverse take over news as my post history highlight . Alas I hope Colin Bird takes one of the six seats on the board of directors of Newco but if he doesn't then so be it . My position here is to hold long term since we're a revenue producing company targeting Gold at present but as we know copper and silver are also in the mix . If Jan Nelson thinks copper reefs or silver reefs are the next big thing we'll soon target them .
P.S ....... hope Pedro and your partner are well and happy .
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