The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
XTR was exciting a few months ago and like I’ve kept saying, the SP will not reach 9p again. Wake up everyone. If CB was that sure then by now he would have bagged a lot more shares. Unless of course the exception to the rules allow him to retain share price sensitive information. The sp will keep slipping and slipping till it’s no longer.
Market makers are never wrong. CB purchase of shares says it all. Last week I said we will be in to the 4p zone soon. I’m not going to be wrong. Markets rising like mad today, copper although down 0.15% yet the stock still drops despite the further needs of copper going forward. SP is always held under futures. The only way this stock is going up is for AA to jump in. They were sighted when SP was 9p. Now we are sitting close to 4p I’m just wondering why AA doesn’t do anything. Or am I missing something.
Isn’t Chia on a go slow buying copper?
7.66 I should have said, I held, then closed but I do see a further drop say to 3p but with spread widening, it’s now a waiting game should the SP go 3p then as it does appear as often as it does in other Aim stocks go lower back to its lows of the year. All indexes are at between 95/98% at the all time high. Theres gonna be a shack down very soon only value stocks will rise, but there’s a limits there too. Everything else will drop when there’s a shack down. When that happens AIM stocks get bashed. Theses are my reasonings behind what I predict. The only way out to get this SP up is for BR to hit 2mt. It’s not going to happen in the near to medium terms hence a further slid. My views of course.
I shorted at 8p.
It’s a casino. I was shot down by a few on here when in particular iceberg thought I knew nothing when SP was at 8p and said the SP would sit at 5p. Even with copper at its highest and other sites doing well these market makers are having a laugh. AIM is not a joke it’s one big joke. Very really do you do well in AIM even with CB buying although in limited numbers. Look through the mist. You all might hit brick wall. I see 3p
I’m Sure CB will think of you and pop up a RNS. I’m guessing like I’ve always been saying, that this SP won’t stop slipping and even if the results are good the SP will not reach it’s recent highs which is something I’ve been saying for a long time dispute icebergs displeasure of my comments.
Large trades deals on tight markets spreads is no signal pointing to SP hikes, the kicker in this SP is the 2million Tonnes for AA to fully table. It’s my belief, as I feel it’s the only way out. There appears to be So many other copper fields dotted around the world. AA could play the game and offer less for more is more is found in other regions of the world. The SP may sit below 7p for at least 2 months or so. Let’s hope I’m wrong. So far I’ve not been wrong on this SP. Trading in a lower range for the next few months is the way I see it, but may drop to resent support levels first. My views of course.
Well nothing new or interesting is the reason why I said a few weeks ago when I was closed out at 9 that the SP would go south until 5p. But some on here don’t like seeing my foresight. No one who knows their stuff would by in at all different levels coming all the way down, as otherwise, they would surly be shorting the SP then buy at between 5&6 which is what I predicted. Is that something you and others don’t like? Sometimes the truth isn’t nice but I can nothing I’ve written on here having anything to do with not knowing anything about this industry, so far everything I’ve said on here has come true!!
XTR Stuck in the mud!! SP going nowhere
The SP is low for a reason
I wouldn’t mind but I was told I didn’t know what I was talking about when I said at 8P xtr would go south to 5p but soon will creep up. It’s impatience. panic selling. MM gonna make even more. But in the end there’s no guarantee that AA will buy. Still speculation even tho copper is in demand. With Tesla going to be 3 Trillion I’m surprised Elon hasn’t showed interest.
How can the SP be higher tomorrow? it’s Saturday!!!!! But joking aside I’m not wrong, i’ve not been wrong for a few weeks in that the SP would go south, this is despite the small rise this morning of 14% and then SP back down and finishing 4% lower to where it started out!!!!!, but in any case, it doesn’t take the brains of Lloyd George to come up with a SP at high end based on 2mt based on the amount of shares in issue. Remove 80% for AA and at a £9k spot price for Cu of the difference and you get “485 pennies” but this sum will go down should CB raise money by diluting the SP In time. Cu will rise as China and India make demands going forward. So Cu having already slip from £9615 means it could still rise a lot more given the forward looking demand. But remember Aluminum can easily be used in place of copper if need be. Some EV’s are being build whereby Aluminum is used rather than copper, all depending on market prices of Copper. But who is to say there’s 2mt in the ground?.... it’s fair to say that CB did say it’s going to take more than a few months to give a better and full estimate of the amount up for grabs. I would say based on the estimated 2mt’s and there being more further afield, the SP could reach much much higher levels from its current price even if CB wants to raise more funds for BR if needed. Correct me if I’m out of my death but it’s just my view and forward thinking. But the SP isn’t going to move just yet!! Some bloggers on here take offence in me saying the SP over the past few weeks would go south. The truth hurts but in reality and has evidenced over the past few weeks and today I was right!!! I got high rated angry Tweets from Tesla fans when I predicted and posted a month or so ago that would go south. Tesla fans said I didn’t know what I was talking about. But the truth was that it were they who didn’t know what they were talking about, I said Tesla would fall from $891 to $575. Of course this happens. Again the truth hurts tweets can’t be argued if you are right. I’m not a downer on a SP but I look at the reasoning surrounding a SP in its fundamentals and tangible assets. I hope this makes sense. Excuse spelling mistakes.
After CB chat with Zack, the SP is still down 1% at the time of my post. It’s still a long waiting game for the next month or so to see a significant rise in the SP unless of course someone tables a offer soon on a risk to reward otherwise there’s a lot of expense if XTR can’t sell or an offer is to low, I don’t see XTR having the resources to extract this copper plus plus plus out of the ground. And it’s by chance that no other company drilled down more than 450 mts. in the past. This SP could slip back from here and of course the next good news may only achieve a 9p SP
If the results are that good then there must be something very odd going on to find this SP at -1.5% down from +14% at the time of posting.
All very good in hindsight to correct what CB said. But I was told yesterday that I did no anything when I said the sp is going south which it’s still doing. what was I talking about. Looks like I hit that wrong!!!! ??But the share price if results are in will only move back to 9pat best
Back in February 1991 I purchased 5000 Next PLC shares at 0.27p. In March I purchased 5000 at 0.335p. I was told by Gerrard Vivian Gray to use them as wallpaper. Lol. But very true. NEXT PLC Today a nice price 7,748.00p you work out the baggers on these two trades. XTR will never achieve this sort of pricing, so when you say what do I know about mining companies, all I need to know is whether people will buy clothes and home furnishings. ??.
Time to place a limit order ????
Why you cut and paste of the web. We all know what CB said, but the fact is its ike said the only way atm is south.
...something may be wrong, possibly rerunning results from the first hole. What has mining experience got to do with my comments. Just take a hard look at most of the mining companies ever floated on AIM. How many did well on a Percentages? Look forward to your numbers. You simply don’t go about drilling holes costing thousands not knowing at the very least you could advance from reasonable readings at the very early stages. It’s simple basic project management. History repeats it self time and again. But I take your view buy in the dips. But from my experience it doesn’t always work that way. MMS may want the shares. In readiness to spike up but to what price. Where it was last week. Even if the results are low the price may spike but guaranteed to fall after