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We have all this money pouring in from Africa,we are literally sitting on a gold mine so why does the market not see this to. I have been invested here for a good few years and still think it will come good.but can’t understand the market sentiment.
>> can’t understand the market sentiment.
99%+ of investors will not have researched XTR, so won't know about the gold. Its not just about having a good story - you need people to find out about it.
I discovered XTR because I check the LSE RNS list most days for the mining sector and read any that sound interesting. You need investors to not only do that, but then have enough interest to do the research necessary to understand what we have - or have a forum that will pique their interest if they start reading. If I see intelligent debate on a stock forum, I am interested because it means smart people are invested in the stock. A forum with a high noise-to-signal ratio would probably deflect interest from more casual potential investors.
The company can also do PR - interviews or presentations and try to them noticed, but there are so many companies doing that, you need to stand out in some way to even get someone to read or listen. Twitter can help too, if people with a lot of followers become interested, they will spread the word.
Its one reason I am not too bothered at the current share price meanderings. At some point, the story will be big enough to spread by itself as investors become excited. In the meantime, I just need to have faith in my own research plus patience in very difficult market conditions.
steve, you mention smart people being invested, one name i like to remind myself of when the seeds of negativity are being sown is willem middlekoop , if xtr is good enough for his discovery fund then i,m not in bad company .
Jezoo, have you accounted for inflation over them years? You lost £500 this year haha
Naughty gordie, yes I too think it's great to have his investment company involved but.......... are they still invested? The SP rose up to 9p when they initially invested, it slowly dropped afterwards. Was it them selling?
We do not know!
I have no problem Steve I have been here a long time and am sick to death of people telling me everything is OK, just be more patient, don't worry etc etc.
What do you mean by the sale of Xtract?
Do you know something we don't?
Are you close to Colin?
I thoughtwe were selling bushranger, not the whole company?
Thanks,
Nice to start the day on a high............
lucky, he mentioned at the time he likes to invest in small-cap discoveries because of the potential to become £1billion market-cap , so i just assume he would have more foresight than to bale out at 9p. thats what i tell myself anyway but yes your right, wtfdik . ;}
Luckily, refurbisment of house completed last month, I was fortunate, and can now sit and wait, still holding 80% of my original holding, others may have shorter term needs and be frustrated at current prices, at these levels, I can now afford to resume accumulating.
I remember him on the video. I'm just more sceptical because they bought in on only the length of the mineralisation, they didn't know the grades at the time.
Lucky I look at the investors list every other day to see if there are any new purchases or sales, the last update was about a month ago and only change was Alex Terry he had purchased another 1,450,00 leaving him with a total of 46,450,000, I don't think there has been enough selling over the last month to create panic.
I think this is a big problem, people taking what Colin said nearly 12 months ago as still being true.
In the Zak team interview from December there was a lot of weight put on visuals from drill core 36, with mineralization from 11mtrs for 100s of metres, but no assays have been released for it.
Would Colin still tell AA where to go if they offered 10p a share today? Next week should see the AGM announced, so we might get some answers.
"In the Zak team interview from December there was a lot of weight put on visuals from drill core 36, with mineralization from 11mtrs for 100s of metres, but no assays have been released for it."
Yes, 36 looked very promising.
Another example of a news void which could be interpreted in one of two ways. Either CB is keeping this result "close to his chest" as it will reveal too much good news , or despite the high hopes of the visuals, assay results are very disappointing?
The AGM is going to be very interesting and CB will surely have to give some clarity on a number of issues. That's unless we are soon to get that clarity before the AGM?
Bezant just released AGM calling notice
Surely we will get an RNS soon?
Today ?
Imminently? :)
Not just BZT, but AFP and Kendrick. 9.30am, 11am and 1pm on 23rd August.