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For what it's worth, Kevin Hornsby ( from the Sunday Roast interviews has said this about CB's radio silence:
"No he doesn’t want to put anything out in this market, nothing bad or sinister happening but I will chat up with him this coming week. Boy this is cheap now !!!"
"I look at the xtract chart and think.....if only I new this knowledge a few years ago!!"
I wonder if in 6 or 9 months times some may be thinking the same again and wishing they had bought a lot more at this price??:)
I remember when SP went down to 0,7p and I was getting worried that I had made a terrible mistake investing in this. I was deeply under water. I started to think that I may have been an idiot .
I slept on it and then decided to keep averaging down and bought another 500k x 2 at 0.7p
Looking back I had been an idiot .... only buying just another million at £7K :)
Anyone ever watched the classic movie" Ladies who do "
Reminds me very much of us lot
Maybe they are doing what I did couple weeks ago..... I sold about 45ks worth over a few days because I had had enough and was being sensible for once lol
The price dropped a couple days later and I bought all the shares back and ended up with about 7k to go towards my tax bill!!
It was the most nerve racking couple of days as my trading history is abysmal!!
First time I have sold and bought any xtract shares for a very long time.
I have learnt my lesson now and from now on, when I buy any share, I will have a long term portion and a trading portion.
I look at the xtract chart and think.....if only I new this knowledge a few years ago!!
For all the talk of how copper prices are going to the moon, it is still in a sharp downward trend. Colin loved to talk of this being the time of the small miner. At the current prices most small mines will be unprofitable. In a years time probably shuttered. I am still confident in what we have in our gold assets and BR, but given the economic and geopolitical outlook it is hard to keep buying just to see the price go down. And in recent months CB hasn't helped given his previous uber bullishness.
Don't feed the troll.
>>People have personnel tax bills to pay this month. If it was the same seller that offloaded 1.5e6 this morning, then that's a fecking big personal/PiK tax bill....
People have personnel tax bills to pay this month , I am in still in with quite a big holding and happy to add
>> shareholders don't have the confidence to add at these super low prices, then it is no wonder no new blood is being drawn
I do have the confidence to add, just not the money :)
Have been away from this share for some time BUT if the sp goes below 3 then i will in again for hopefully some profit again
2s will be seen this afternoon. Told you it was a dead cat bounce yesterday. This will be worth buying at 2.50, so it will be soon. Buy cheap sell higher. GLA
Yea, i noticed the roast boys have gone quiet. And Bird has 100% given them a 'heads up' on news in the past!
Saying that, it could be anyone for any reason....
Colin wants 750 mill for it all and JV has only come up with 495 mil,
so slowly getting there Ha ha
I never thought we would see the 2s again!
Hopefully bounce off 3p!?
Ben - Firstly, it wasn't me that sold! But I have added to my holding with some money that became for a short term(ish) investment. Perhaps the seller is in a similar position and needed the money back... we all have different circumstances.
The fact is that we were told that XTR was to complete the modelling by the end of May and would be presenting to AA. The target date has been and gone, we've had radio silence from CB ever since, and investor nerves are now jangling. Whilst the vast majority of shareholders are holding tight, it is also plain to see they are not adding. If the most knowledgeable shareholders don't have the confidence to add at these super low prices, then it is no wonder no new blood is being drawn and the SP is where it is. We are in irons and going nowhere until we get some news to renew the confidence.
I've just emailed CE to make sure he is OK . I doubt he will be selling tbh.
If / when I get a reply I'll confirm the situation.
That crossed my mind Gixxer, he does have colins phone number and chats to him. I don't belive that would be the case but who knows?
The roast guys and zak have all gone quiet aswell.
Mmmmmm??
"Why would you sell at the bottom though..."
I can only assume they have now come to conclusion this wont be going higher for some time and that they can make more money somewhere else. Which could be true in the short term. Or maybe they don't think this is the bottom?
The danger is thinking that someone else knows something that we dont (ie bad news coming). If there was a leak then we would be seeing millions of shares sold every hour - not this trickle (relatively v shares in issue) of sells.
A more benign reason, could be, nothing more than, someone has to now pay for a very expensive holiday and they left the sell too late and were unlucky with the timing of the fall??.
I think Capt Bob said he had to sell 1m to 1.5m or so, for his house extension??
CE selling? Been some time since he posted.
Well that's frustrating. Just as we had a little swing to the upside. Why would you sell at the bottom though...
Well someone has just lost patience...3 x 500K sells in quick succession !
No, a ten year bl**dy odyssey ! (ongoing)
What, a company with a £578m mcap?
I hope it does in value, that’s why I’m here. All the other SOLG bits / history I don’t know huge amounts about and don’t want to - come on XTR!
I just hope it doesn't turn into SOLG......
Andrew - Thank you for your input, seems to be we're on the same page of understanding. As for your last paragraph I couldn't agree more.
Steve