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Seems like a lot of positives buys this morning considering the state of the market. Do the purchasers know something I don't? Is news afoot?
Significantly increased my holding here today, would simply be rude not to at these levels. I’m not a technical trader, but the current price also seems to be significant support and hasn’t really been broken for the last 2 years.
£28m mcap for a company producing good quantities of gold and >>1m tonnes of copper in the ground? You’re having a laugh.
Sections taken from article
>>> Goldman Sachs forecasts that the benchmark London Metal Exchange price will almost double to an annual average of $15,000 a ton in 2025. A recession will only mean a “delay” for demand, and it won’t “significantly dent” the consumption projections going into 2040. That’s because so much of future demand is being “legislated in,” through governments’ focus on green goals, which makes copper less dependent on the broader global economy than it used to be. <<<
Where there’s legislation, there will be big money to be made.
It’s been a dreary month for the market in general, so to perk things up I hope you can see this article from Bloomberg today titled ‘the great copper squeeze is coming for the global economy’
If not a simple Google search should bring it up.
A Great Copper Squeeze Is Coming for the Global Economy
When someone gives a running commentary on the decline in share price and ignores shares dilutions I really do wonder if they have a clue at all ... GLR 7.38 now 1.6 ... yes but it now has 3x as many shares in issue thus that makes it 4.8p. Do at least give us all the facts and not some rant based on misleading data. GLR also has its highest ever level of cash in the bank and highest level of assets. Seems the 7 .38 was market speculation not based upon strong fundamentals which GLR now has.
Sorry guys ... GLR holder but very pro CB
There is no point trying to debate with Pops. He hates Colin and he has been attacking him for years, usually through misleading statements or just plain making things up. He only posts on the forums of CB companies so he is probably not actually invested in anything. I almost feel sorry for him - how upset do you have to be to keep complaining about your losses year after year?
Kwadoku >>>you have to ride the waves of CB ramps and ignore the fundamentals, because the latter is always sketchy on CB companies.<<<
>>>you wonder what a Scooby Doo reveal on some of the identity of these posters would look like. I certainly have my suspicions.<<<
Holy moly Kwadoku/pops is that ‘really’ your advice? Ignore the fundamentals!! No wonder…..
Now your angle is toward the agenda of some of these posters that defend CB. The regular bunch of informed members that post, do so to defend the fundamentals of the company firstly, from our own research based knowledge and understanding gained from the various news released and audited report etc. No conspiracy, just the facts with a little bit of guesswork interpreted from them on what the company are trying to do.
>> What has happened to the regular interviews
The Roast guys mentioned on Telegram they were trying to sort out an interview with Colin, possibly tomorrow.
I will be laughing teacakes if we get an RNS this afternoon at 1.24pm (give or take 10 minutes)
Good bye Mr Kwadoku - Filtered
( I don't have enough time blah blah)
Good bye Mr kwadoku - filtered
I dont have enought time to go through all of this but Id be very very wary of those here who always defending CB. Especially if its a new profile. Like you meet naive people in all walks of life but sometimes you have to wonder if ANYone i really that naive- then you wonder what a Scooby Doo reveal on some of the identity of these posters would look like. I certainly have my suspicions.
-------------------------
Colin Bird’s AIM record, as of mid September 22:
Time he became CEO of BZT- SP 0.5….now 0.09
Time he became CEO of XTR- SP 10...now 3.35
Time he became CEO of Galileo 7.38...now 1.6
£XXXXXXX paid out in salaries to Colin Bird from these companies during the times
Dont get me wrong, you CAN make money from CB companies. I made a small profit from XTR. But you have to ride the waves of CB ramps and ignore the fundamentals, because the latter is always sketchy on CB companies.
Last year he came up with this 'incredible' assays in Kalengwa, the SP doubled, only to tell us 4 months later that the lab assays didnt match up to the level of the earlier handheld ones...funny that, right? In fact, the discrepancy was so large and way beyond the error of margin for handheld analysis. Those are the waves you have to ride.
-----------------------
Colin Bird’s AIM record, as of mid September 22:
Time he became CEO of BZT- SP 0.5….now 0.09
Time he became CEO of XTR- SP 10...now 3.35
Time he became CEO of Galileo 7.38...now 1.6
£XXXXXXX paid out in salaries to Colin Bird from these companies during the times
Communication poor from Colin 'these days'? When was it ever good?
Here is the problem. He is approaching 80, no? He has a whole network of 'businesses' (I use the word business in the lightest of terms)- 4 or 5 of them are listed in AIM. Each of them, has a several alleged projects going on. Collectively, its a lot. Especially as he runs them separately and there isnt a large management team.
Even the few of these projects which ARE viable (and not just ramping fodder)..move at a small pace.
Another thing is horses- assuming he named the fields himself. He spends a lot of time on horses. a LOT. Someone (steven?) posted that some years back on XTR, they hadnt heard from Colin in ages and the SP continued to decline (look at the trajectory since CB took over, NB the concerns you are expressing here have been expressed for every CB company for as long as he has had them- have a look through LSE history)- eventually a photo popped up on twitter of CB smiling, dressed up at Royal Ascot or somewhere. Meanwhile the PIs were getting radio silence and losing their money.
Even last summer- he went away to Europe to escape the Emirati summer- and there was barely any news across his stable of companies for 3-4 months. Presumably he had been relaxing and attending racehorse events etc
So in summary- you have an elderly man who has way too much on his plate, objecively has a terrible record on AIM, and spends God knows how much time {and YOUR money) and summer sojourns in Europe and horses. This is why CBs companies move sideways or in circles but never foreward.
-----------------------------
Colin Bird’s AIM record, as of mid September 22:
Time he became CEO of BZT- SP 0.5….now 0.09
Time he became CEO of XTR- SP 10...now 3.35
Time he became CEO of Galileo 7.38...now 1.6
£XXXXXXX paid out in salaries to Colin Bird from these companies during the times
What has happened to the regular interviews with Zak Mir and hope Colin is not avoiding shareholders as now share price close to the low for the year so rather worrying
JM1, mmm think we need something the continuous tick down will not abate until something juicy lands
So..... do we think we might have the ubiquitous Thursday afternoon news release from XTR?
I haven't applied the rigours of advanced statistics to this.... but I have the feeling that the most typical time for RNS release is Thursday afternoon at 1.24pm.
And we ARE due one .... if only for the quarterly results
"...... Colin bird has delivered where it ultimately matters..."
Until the SP reflects that view, the jury is out on who the beneficiaries of that delivery have been. Absolutely Colin is no fool... but that doesn't mean he will deliver for the benefit of shareholders.
ART->>> Anything can be said in a podcast, or rather Mr Bird can say whatever he wants and he knows that he can get away with not keeping to it………..
Unfortunately, and I wish it were otherwise, Mr Bird is making himself look a bit of a OLD FOOL these days.<<<
So whose the fool ART?
Colin for using whatever means at his disposal. Or you for taking what’s said in a podcast, literally.
I can’t help myself from responding to moronic comments like this. Colin bird has delivered where it ultimately matters, on turning Xtract cash positive from gold production with sustainable, significant income for many many years to come.
The proof of the pudding and all that…., but once Bushranger is sold on, and I have little doubt that it will be, Manica will be the primary asset.
The resource is going to be increased in the new year with plant modifications that will take all types of mineralisation, there will also be further drilling programs. The mods are being built on an already significant knowledge base of the local geology and the resulting drilling will increase resource estimations that will secure many more years of being an exploration company supported by small scale mining.
The increased understanding of the Manica geology is a key asset to Xtract, as this knowledge will be put to use in the continued exploration across the Manica concessions.
To be in the position it is now, debt free and able to self fund it’s ongoing exploration is a huge achievement in itself, as I’m sure the way the company is structured, it will have the potential to grow into a mid cap with its solid growth strategy in place.
Colin Bird is no fool!
I think if an investor has the patience to see through the long process that is resource building, then that is half the battle. The other half is actually doing their research, trusting in it and knowing exactly what they are buying into and understanding what the company needs to do whilst keeping their own expectations to a minimum.
This dog has got huge pawfyrys
Woof
oh good for you, give yourself a **** on the way out. Jesus.
narcissist
I had 60k in this company and came out with 90k , 30k profit . Believe me there were times when it was 7/8p and I wish I had sold then but when it dropped I took the profit . Was not an easy decision with all Birds hype . I do not trust him. I am heavily invested in Deltic now , making profit and they are due to drill a jv with Shell . It’s blackjack again but I am hopeful .
Good luck to all of you with XTR that I still follow but am not tempted back in even at this level now due to Birds lack of communication and the low results of late .
Looks to me like it's THEHOTTESTTONY under another name. Don't know how he finds the time to post, with all the money he be making.
That must have been a while back then THEHOTHICKET, why are you back now ?