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I'm hoping it holds off the big rise until after the tax year so I can add some more to my ISA but think that's unlikely. I had a feeling it would drop today, my other big holding in the aviation industry reports bad news and the share price goes through the roof, here we get good news and it drops!
Shall I go on..?
YES PLEASE! So excited!
If you want to make serious money here this must be a long term hold. By that, I mean 12-18 months. I am looking forward to it. It’s going to be an exciting journey with so many possibilities within the Bushranger licence let alone the rest of XTR’s assets. What a journey it’s going to be! Commodity bull market. Copper central to a greening and electrification of economies. Safe stable jurisdiction. Excellent local infrastructure. Surrounded by majors. Shall I go on..?
Not so sure its a 'false drop' ....
But my watchlist looks like the prom scene from Carrie.... so it looks like a sector wide drop..... im sure it will reverse soon enough.
It does feel like a false drop to entice selling! Have a feeling we're in for a very solid afternoon!
False drop this morning
We will be blue this afternoon I'd expect
I think they were just testing the strength for any pull back - the answer seems to be no - so back to 7p.
I've just spent a hr or so and plotting the mineralisation, hole dips etc. It looks like the holes drilled to date, have been finding increasing width to the inner alteration zone - as well as the outer zone.
However they haven't yet tested the higher grade zone from drill 1, for the inner core for width. It looks from what we've seen so far the inner core is growing at around 30% for every 100m depth.
This doesn't sound much, but from the old BRC9 hole to where I think hole 4 will likely intersect, its a 100% increase. Which is massive, in a shortish distance. Obviously this could increase far more.
They also haven't tested the grading of the better big mineralisation, drill 4 should go through it.
So an estimate for Hole 4.
Minor mineralisation from 140-380m.
Outer Alteration zone 380m - 500m.
Inner Alteration zone 500m - 900m. - with a very high grade core at about 650-850m.
outer alteration zone again 900m -1200m
***surprise prediction is a twin core in the inner alteration zone.
Hole 4 will be the definer imo. The hole that really wakes the market, if you can wait 14-15 days. What they've JORC'ed so far it just the thumb nail, of a big massive thumb.
I would love to see a diagram showing the next planned holes. Im sure I read or heard that they hope to catch the down plunge...(someone could back me up on this).
Im enjoying being carried with an interesting information flow both from the company and knowledgeable posters here..... so keep it coming Colin. We are all following the story closely.
Going back up where? its at 6.5p
Even bt gone positive!!!
You don't really want to be out over the weekend this is no brainer just follow the directors and even the drill team got shares rather then cash
Got in with a nice top up of cheap shares. Now that's out of the way, let's head for the open road.
Going back up now and rest of the shares
Yes, defo a shake this morning
RATTLE AND ROLL...
Shake
I have a feeling the SP in the short term will be dictated by major players taking a position here, so there may be peaks and dips, but the general trend will only go one way...
If we follow the same pattern as with the other three drills then we should expect an RNS on Tuesday, maybe Wednesday next week. That should confirm the drill has begun, current depth and the point at which they hit the mineralisation. Hopefully that news will help to keep the SP ticking up until the assay results from H1 come back. And if the assay results from H1 are as good as CB seems to expect, then the price will fly again. An then again if H2 assays confirm the depth and then again if H3 confirms the depth.
I'm struggling to understand though where they are putting H4? If they are moving it down the road because they think the train they've discovered goes round the bend (and if they are right), then our Stavros Flatley Junior porphyry will well and truly have turned into Jabba the Hutt. And who cares just how fat Jabba is... we know he is super fat and the price of blubber just keeps on rising!
A very exciting 6-8 weeks ahead.
I'd better book the round the world cruise then!
Morning ST Tropez... Multiples from here ..
Good news flow ...
Bod incentives..
Director buys
Regular drill updates
Assays due drip fed on all holes
Copper flying
Gold expected
African assets starting a steady ans substantial income stream
Good press and getting noticed for all the right reasons
Bod are deal makers with connections..
Majors and tier 1 finds next door
Majors interest
Other targets
Wait until Colin starts telling you about his Foot Rot ....:)
I could keep going but Coffee calls
All the best here
So much
Good luck to you if you have a few, not invested myself, but bitcoin has certainly increased.:-)
Bitcoin is the future with blockchain
But gold , copper , nickel, since ... Rare earths are safer and more comfortable to hold..
Imagine popping into your bank for £500k to finish a project ... I have bitcoin security ... On your bike son...
O + W
"Even though Mr Bird can't obviously be privy to any data from the impending assays, he or his geologist will have had sight of the first cores, know the stack's metrics, and can figure out if the resource is commercial or not, given his life-long experience. His buy today speaks volumes, coming after the employee option awards yesterday."
Totally agree.
Bitcoinbuyer; maybe! And might be worth more than bitcoin, though probably stretching it a tad. :-)
I wonder will Iceberg grace us with another super dooper hi tech image depicting the story so far...