Member Info for howezap

Re. TR1
Posted on Friday by 1plus1

RE: It just jumpedFri 11:39
There will be a TR1 RNS fairly soon from IG as my holding is now >3% of the issued share capital. I like the Aus asset.

Good luck everyone.

John cornford is making a habit of plugging Xtract, through his mining journal, on 3rd March he stated he was mainly invested in xtract

Well interpreted 1plus1 not considered that possibility either.

Could we expect a. “IP survey complete” RNS with an overview of findings, before the new model is updated when last of holea ssays are back later on?

Agree Steve, holding onto, is one thing but is there the opportunity to drag their heels during the process of compiling, proof reading and having verified. No doubt any stages are date/time stamped so would assume there are time constraints.
Waiting patiently regardless..

Hypothetical question
Could the overdue results we are all eagerly waiting for, be relative to the NT’s to buy since Friday and the potential huge order being filled?
9+ weeks have passed now.

Been looking through GGP RNS’s and there was a correlation between their timings of drill results and subsequent share price increases.
Would agree also that, it is probably not a fair comparison due to the market not understanding porphyry systems. That’s a fair point. Understandable.
I noticed they had 9 drilling rigs operational at Haverion with approx 80,000m of drilling planned in july20.
I would like to think that ‘if’ a multi porphyry system is evident at bushranger, either from the updated 3D model or through later drilling that the company will bring in an additional rig for progression through the next phase. The bigger this is, I think the likelihood this will happen seems plausible
This will be a pivotal time for a rerate if the market hasn’t awakened to remaining assay results of first phase.

Upped to 500k dummy buy

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Quantity 500,000
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Consideration £ 33,750.00Dealing commission £ 9.50
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£ 1.00Total £ 33,760.50
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getting quoted on 100k shares @.0675 and 250k at same price no prob with share deal active

Sorry bud thought you were cross ramping then??
Just read it again oh dear that’s it, switching off taking dogs out

Come back in a few months OBB1 and we’ll compare then

The suspense waiting for these important hole 2 assays is unbearable. Hoping it lands today.
Next leg up is long overdue...

Welcome gods-money
There is a lot of confidence in the BOD to get this proved up and sold on. Just needs some patience, and strong will to hold, hold, hold.
I will not be taking ANY profits along the way to reduce exposure here. Looking foreword to the compounding effect when the share price is ‘hopefully’ multiples of now.
Adding accordingly along the way.

For accuracy please omit from list the completion of hole 6

Original post by caveatEmptor

I’m sure he will not mind if this gets bumped to the top again......

1st half of Q2 - news flow31 Mar 2021 13:55
As we pass into the second quarter of the year, i thought i would look at what news is expected in April and early May.

This is what I came up with:
Completion of Hole 6.
Assay results for holes 2,3 and 5.
Completion of IP survey at Bushranger
Commencement of stoping at GF
First income from ancillary alluvials
Update on position at FB
Delineation plan for Kalengwa
Update on follow up Phase 2 diamond drilling programme of approximately 1,600m planned to test the Eureka copper-gold deposit strike extent and to further define the internal grade and continuity of the mineralisation - drilling started early February.
Award of contract for open-pit mining at Eureka.

I have assumed that hole 6 assay results will not be available until late May - providing the hole has been completed by then -:)

No comment from me required

Very fair assumptions on what we know already, of course hoping this is massive and would agree benhowell 50p could retire comfortably, anything in excess of that might get a speedboat and some ferraris

Don’t ask..
senior moment

Notably hole 1 @1147m took exactly 8 weeks
Whereas hole 2 was less to analyse @899m .
But will be 9 weeks by Friday bearing in mind the bank holiday as Steve points out
Literally imminent...

Literally imminently....
Hole 1 @1147m took exactly 8 weeks from hole completed RNS to assay result RNS
Hole 2 @899m will be 9 weeks on Friday

Notably less to analyse, but bear in mind just had long holiday weekend

A very brief mention of Xtract in his journal from the 3rd March had not seen.

Will keep a look out see if he comments on phase 1 completion in a later edition

Veteran mining analyst John Cornford reviews some of the more interesting plays in the junior mining sector…
Apart from specifics, many junior miners have come off as gold is dented by rising interest rates, and because a large number of UK small caps have seen their IG margin call limit sharply increased. Xtract Resources (LON:XTR)however has resisted the malaise and remains the share I’m mainly invested in myself, expecting drill results, dripping slowly out, to maintain a steady, if slow, momentum.

A little reassurance there...

Colin does state in the Wednesday interview that they were, “quick off the mark getting all the permissions, for the forrest area, the farmers field, to the north, north east, south west and footrot. Would guess that would be the wooded plantation you mention. He then says, “ have acquired them.” Would assume he had meant all areas but not certain.
Talk of permissions about. 1 min 20 sec in

https://www.share-talk.com/colin-bird-executive-chairman-xtract-resources-plc-xtr-l-exclusive-interview-3/#gs.y56ri1