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The reason why Hottesttony is so hot is the fact that I sit back to be entertained by what I read on this forum. You say I don’t go in cheap. So here we are me saying for a few months at this price with continue to drop to about 4p so by your comments which are impart derogatory proves to me that you don’t like somebody who doesn’t post a lot who seem to know what he’s talking about, the SP thus far proves me right. if I’d gone in cheap over the past week or so as indicated by you that I should have, then it is obvious I would now be a lossing, you and others need to get a grip and realise that those who you 8p or everything downwards, averaging down, are not in front, the M&Ms will continue to drop the price and like I say it won’t rise until AA start to make noises or any other third party coming to the table. CB can’t afford to create open pit ! the only way the share price is going to go up is via an offer. Once again this is my view and not the view of anybody else I know, the current SP crystallises my views. It’s the same as Tesla. Big bankers giving it large in February say the SP should be $1110.00
Lol. I got shot down on Twitter saying I wouldn’t pay more than $555.00. I know my stuff even if I have to say it myself.
I know I’m one of the biggest offenders but if we all ignore him I’m sure he’ll take his trolling elsewhere !
FTF... copper is copper. Did you check where in the world and from which mine your copper wiring came from ?
and those pits obviously have/had Filo grades, not XTR grades.
500 to 600m is typical of most of the deepest open pits but there are others that are significantly deeper, such as Bingham or Chuqui.
Further to my post yesterday pertaining to the question posed to me, I said that generally from Beutong etc, OPEN PIT can go down to 400m.
However, from historical data, the GRASBERG MINE [one of the very well known one] can go down to 5 5 0m for OPEN PIT.
So, providing some clarity but Mr Bird, Executive Chairman, XTR Bushranger-Racecourse can provide specific info as and when one hears from him via an interview.
Ref: XTR RNS, Mon 17 May 2021 - Racecourse Open Pit mention.
Hottesttony only posts on XTR and every post is a de-ramp.
However, he only posts occasionally, so unlikely to be trading or trying to get in cheap. Perhaps something has upset him about XTR, but not enough for him to post a lot :)
Tony - Someone recently stumped up £5.5m for the placement shares at 5.6p... are they just mug punters as well?
The market maker is there to provide liquidity, not manipulate share prices.
Lukeytukki... it seems value will be seen when a firm offer is on the table. The market does not seem interested in those things you have summarised. I guess it is what it is.
If what you say is right, then why is AA sitting back watching when they could have and been doing what CB is doing. Or are we to get a surprise no news is good news. Like I say Market Maker always knows best. They want to of load and let the SP slip even more.
This board baffles me sometimes, just to put a little summary together, we’ve been told that we actually have an increased strike length, we are potentially hitting a dyke system, we have Anglo American stating they see the future as copper to which we have a buy back agreement. We estimate we may now have 6mt when we only needed 2mt of copper... the copper price has gone up so the cut off for commercial viability is lower, with potentially a lot more resources available and yet we still complain despite being told we are now expecting batches. CB has also personally fed the golden goose twice and we still have PIs with weak hands. I get that assays and jorcs are incredibly important, but at what point does intrinsic value come into this, even the samples and historic data suggest we have this. :S