Member Info for ChazBigspuds

You're right of course, but this perfectly illustrates the lottery that is AIM - you just can't trust it! Stratex should be flying from this tiny MCAP and it will at some point soon - but clearly not right now - only when the MM's wants to let it go. More production updates and the improving financials should ultimately prompt this in to action, but for now, this remain s off radar for most - all you can do is just build up a good position and keep the faith!

Lol - I was beginning to think we must be on to something huge if the de-rampers were here already, but glad we're all singing from the same hymn sheet now, seeing good income streams and positives to come. Stratex is and will be a lot more than just one 34 month mine and if you put any income figures in to those final results issued on 9th March, you can see the impact they'll have here over the next 12 months and beyond and can make your own assessments on its potential. I suspect the MM's have already done that, which probably explains the curious spreads on and off here, which at times bear no resemblance to the actual buy and sell prices. Felt the same was happening at MTR before that flew up too and feel my OSU is still being treated like this too (pending a re-rate at some point), so fingers crossed for a repeat here for a happy treble of late. Good luck to all here and I'm definitely going out for lunch now.

Yes, that's stage 1 ... now do a bit more research and see what else is there. I'm off for some lunch and to wonder why OSU is being suppressed just like this one with a wide spread.

Lol - 2.50p/2.15p - shares must be in very short supply, as this spread can only be designed to put people off?! Today's news is a real game changer for Stratex - the revenue stream on this gold is massive in comparison to their MCAP and well beyond expectation after just 2.5 months! It's not a drilling result or a projected income - this is money coming in from gold that's in production right now and at a very low production cost too. This will all help to transform Stratex's tiny MCAP in the short, mid and long term and STI should only go one way now, despite the games played by the MM to suppress this with their ridiculously wide spreads!!

A nice share of over $14 million in 2.5 months so far in 2016 and we have an MCAP here of just £7.5 million, a rerate must surely be due?!

Wow, production here is flying in 2016 already and Stratex will be making a good healthy profit for their minimal outlay here. The next set of accounts should show continuing improvements and an immediate return to profit for 2016.

Think this is massively oversold and from 2.0/1.75p, its come back once again to an undervalued position and the wide spread appears once again too - I expect a bounce from here once this afternoon.

Yes, but 2.0/1.75p is still a crazy spread. Its all small buys so far, but they clearly don't want to sell, as its well undervalued at these rates. If that spread shortens a tad though, you can't help but feel that this will move quickly again.

Crazy spread again to put off buyers, but it should be another positive day and another good day on the TSX where the offer has risen to 0.04 cents or 2.2p.

His remains massively undervalurd and the market size here is ridiculous. The seller causing the recent drops has clearly put off buyers for the moment hence the dip in volumes, but if he/she has now gone, then this could easily rise quite quickly on a just a few buys from here.

In the past, the spread has shown wide, but no one was trading at anything close to those prices. The spread has gone even wider now on just a few recent buys and buys are being quoted at almost the full ask now. I see this as a good sign and suspect the update on gold production being ramped up to at least 30,000 oz per annum must be imminent here. So many miners are all about what's in the ground and years away, but this one is here already, with initial gold production started in November and improving financials. It's good that this has remained off radar to most, but the overdue RNS here will change things I'm sure.

That 200k seller is still here keeping the price from exploding, but once they've gone, it should fly, so timing is key for purchasers here now.

MM's are plying a careful game before the next surge and the marker size is ridiculous as you can only buy in small numbers - it's getting interesting.

It'll be interesting to see where this goes over the coming hours until 2.30pm our time when the the TSX opens, where it could rise even quicker.

Don't know why the spread is showing so large, as no one is trading at those prices. I'll take it as a sign that news must be imminent and I remain confident we'll move up over the coming days.

Thought I recognised the name - you were one of the early birds over on MTR this morning! Had this on my watchlist for months and only bought in here myself last Thursday and am pleased to see a few more buys going through today. Its still of everyone's radar, but I emailed Stratex at the weekend asking why there was no news yet on full production as mentioned in the March RNS and await a reply. No doubt it won't be any more than a 'we will advise the market as soon as we have an update' or words to that effect, but it helps to remind them that some of us shareholders expect them to stick to schedules!

Back on 8th March, RNS 3053R said full commercial production delivering a minimum gold production target of 30,000 oz per annum is expected to be achieved by end March 2016, at which point quarterly reporting will be established. It also mentioned that a more detailed commercial update will be provided at the end of March 2016. Can only assume that there will be an announcement over the coming days/weeks and given the cash position and improving accounts, Its hard to see how this won't flourish. Only my opinion of course, but after MTR, I'm feeling lucky!!

Had this on my watchlist for a few months now and think the time is right to test the water here. Am also hoping to free up more monies soon to add to my little 100k buy yesterday. Love companies like this, with low market cap of just 8.4 million despite having almost half of that in cash alone and first gold pour, which is due to go in to full production any day now. Can just see lots of positive news flow here over the coming weeks and months and am only hoping I can beat the herd to see this become my next MTR. Anyway, good luck to all holders. Just hope it stays off of most people's radar until I can fill my boots! GLA.

Very few of these around this morning and can only get a firm quote for a handful and they've even squeezed up the spread now - looking positive.

Surprised this board is so quiet. I've been in and out of this one, but this share has steadily moved up of late and no one seems to be in it or drawing attention to it. Always thought the SP drop was overdone, but its creeping back to where it should be.