Member Info for HawaiifiveO

https://audioboom.com/posts/7597070-xtract-aquire-copper-gold-project-eastinco-mining-update-and-glen-goodman-goes-long-bitcoin

RSI has gone from an overbought 80 to a more neutral 56 - it is getting back into the buy category.

SP Angel re-iterated on the recent podcast the shares are cheap and their target of £1.02p was heavily discounted.

A run from 35p to 60 in quick time will always attract profit taking, however value at current levels is apparent.

It would appear Tom Winnifrith is not happy, his bear cast is headed 'a frank exchange with Colin Bird'

Perhap's Bird will podcast today.

The post you refer says CNR only PAID 30% of the land they secured a few years ago, it continues by saying CNR are now paying the balance.

At no time does the post suggest CNR only SECURED 30% of the land they require.

Bird needs to explain this deal, in hindsight I am pretty unhappy that some unknown entity are about to receive 100m shares in XTR at a time when the value of the company is expected to increase significantly. He has given away around 20% of the company to acquire this Licence/Project + there are other associated costs.

Looking around recent resource licence aquisition deals on AIM the price paid seems rather top heavy in my view, many deals are paid for in staged payments with success payments made on delivery of project growth.

As seasoned followers of Xtract Bird does seem to like doing deals with private entities who are hard to research, who is behind this company, who received the finders fee, if the licence is so dynamic why was it available ?

We already had a 'blue sky' project in Eureka and both Zambia and Manica will deliver revenues, surely this would have been enough to be getting on with. It will be very interesting to see what Tom Winnifrith has to say about this deal, if there is a rat he will find it make no mistake.

On reflection disappointed, 100m shares priced at 1.25p can be sold in stages , will they be sold, you bet they will IMO.

He will probably do a Vox interview to add meat to the bone, it does look a decent project and Bird knows all about copper projects to say the least.

No doubt Winnifrith & Co will also promote.

In a recent interview Colin Bird did cast some doubt on the deal suggesting it was not the easiest time to do a RTO and new listing - I was hoping MMIH Singapore would get through this hurdle given the apparent quality of management but this does not appear to be the case. They also do not respond to emails which is not so professional.

Bird also said they made it possible to get the project back if the RTO did not happen, I am surprised BZT has not RNS'ed the situation by now but given their website is hideously out of date I am not surprised about the lack of communication.

Hopefully some clarification will be forthcoming.

It looks like the sale of Mankayan project is off (or seriously delayed) for the time being at least, the sale revolved around the buyer reversing into China Hongxing Sports to attain a listing on the Singapore Stock Exchange - despite continued delays and applications for CHS to extend their listing the Exchange has recently denied them any more time so it looks like they will be forced to de-list.

CHS, in previous announcements suggest the buyer of BZT's project (MMIH Singapore) has been unable to meet conditions of the RTO.

https://links.sgx.com/FileOpen/Announcement_Update%20on%20EOT.ashx?App=Announcement&FileID=610162

Reasonable view in TYM gold project here IMO

https://twitter.com/Oilplayer2009/status/1266265510632517634?s=20

Vox podcast today, John Meyer talks about Condor after 13 mins..

https://audioboom.com/posts/7594321-salt-lake-potash-ceo-tony-swiericzuk-john-meyer-and-paul-hill-on-2-tech-small-caps

Link to new podcast..

https://audioboom.com/posts/7592461-kr1-prospex-oil-gas-xtract-resources-and-vadim-alexandre-on-2-healthtec-stocks

Added below 40p, very happy with that, the value here is outstanding, still think £1+ will come sooner than many think, a bid cannot be ruled out either - Condor is sitting on 5m ounces of gold but valued under £45m

That is a great update and very concise - could be a game changer for longs here with averages circa 30p-40p, AST had a market value of £40m on the Slovenian assets a few years ago, IF the Government has changed their ways and deliver permits and allow stimulation of the wells no reason why that £40m m/cap cannot be re-established.

There does seem to be a new positive tone here now, I was pleased to be wrong on new managements take on Slovenia, very pleased with this today.

A kick in the balls for recent buyers however most of the shares have gone into sticky hands, underlying value remains way above share price.

Hard to buy at the offer price now. Looks like it is going back up.

Added on the drop - this will be £1 soon enough

Xtract Resources to double or more?

By Tom Winnifrith for HotStockRockets

Tom Winnifrith writes: I am a shareholder so feel free to ignore all of what follows. If you really want to understand why I bought Xtract (XTR) listen and watch the audio and video interview out late last night with Colin Bird HERE. But if you can't afford 99p this is a tip we produced 11 days agyipping the shares at a 1p offer. They are now 1.5p-1.6p.

SP Angel broker note May 4th with 54p valuation

http://www.bushveldminerals.com/wp-content/uploads/2020/05/Bushveld_Q1_Production_2020.pdf

Now Sanderson Capital have cleared off the share price should start to reflect true value, the NPV of Fairbride must now exceed $60m based on the rising gold price, market cap here is still only £6m-£7m

The seller here was almost certainly Sanderson, just been discovered they dumped 40m Xtract shares without declaring, they had 239m of BZT huge volumes have been traded over the last 3 months - XTR has doubled recently, this could/should be next.

The large sells at BZT seems to have stopped as just like at XTR.