Member Info for JackSht

In my opinion, in makes no sense now to release big news so close to Christmas and when the markets are a in warm down mode. If it were my company, I'd wait until the New Year and put the pedal to the floor in January. Makes no real difference to me or long term investors. The result will be more or less the same, i.e. price range £1 to £1.30. GLA

On the subject of their website, I've passed on my comments that it needs an overhaul. It's not what I would expect to see from a company with their ambitions. Perhaps it makes more sense to spend their money on a revamp once the acquisitions are known. GLA Jack

....anyone who has played this game for any length of time should be able to picture the chart line from now to where we believe the sp will eventually reach, i.e. and it won't be straight up. I was a little surprised that no announcement was made last week, as I understood that any unsubstantiated rise above a certain level (35%?) needed to be commented upon by the Board of Directors. This didn't come, but I can't believe that the powers that be have not spoken to XPL. We know that the stock is quite illiquid, hence the steep movements on relatively small trading volume and we should also be aware that, once the acquisition announcement(s) have been made, there may well be a call for more funds. This, in my view, might be a good move for XPL, as it would generate more cash, make the sp a little less volatile, thereby keeping the authorities happy. Obviously, some investors may worry about any placing, but they needn't, IMHO; it would just be another positive step in the development of the Company and underpin the sp. Goodness knows what price the placing would be, if it ever happens. Depends on the sp after the acquisition announcement, I suppose. Anyway, what I'm trying to get across, rather awkwardly I admit, is that we are bound to see a few ups and downs along the way to XPL becoming a FTSE350 company but, for investors, this is a cracking pension pot opportunity. All in my very honest opinion. GLA Jack

What a great few days and, I'm sure, there's many more to come, but I really want to avoid what I regard as 'over the top' enthusiasm. IMO, it just puts folk off and attracts the de-ramping brigade. The other thing is, we look such fools if things turn against us. I'm not suggesting that they will with XPL; quite the opposite, in fact. No disrespect to anyone here, but I'd like to think that we can bottle our obvious excitement to a degree and be a board with class. Nothing more to report so far today. I'm hoping that news will break this week, but certainly before Christmas. Who needs news anyway :-) GLA Jack

XPL paid for my Christmas today...........and for the next 20 years :-) Of course, it's all on paper so far, but this is just the start. I hear that there were actually two big sellers out there and they've both gone away. That means the shares will be even more hard to come by, hence the sp's move north today. I have little doubt that this will double from here. GLA Jack

Was advised on Friday that this might happen (i.e. the sp starting to creep up prior to news), as a large seller was now out of the market. Not sure who that would be as, other than the notification last week, there hasn't really been that much sales action. I suppose it's all relative. Anyway; looking like we'll have a great Christmas. GLA Jack

unlike so many of my previous investments (mainly AIM stocks), I've sold as soon as the price has risen to an acceptable level, fearing that it can and will inevitably retrace. I really do not think that this will be the case with XPL. They will continue to grow as an enterprise, until their ambitions are met and that, I expect, won't be until they are knocking on the door of the FTSE100. IMO, I don't think that we need worry about snatching at our profit before it disappears. GLA Jack

Lol. I won't be selling at 80p, or £1. Xplorer is a long term play for me and I expect the sp to be way higher than £1.30 in the next couple of years. I may well sell a few each tax year, but I'm not going to be handing a few hundred thousand over to HMRC, if I can help it. GLA Jack

£1 is the expectation. I'm planning on 80p, hoping for £1 and dreaming of £1.30 :-) Jack

Looks like the three prospects that I heard about have been reduced to two. I reckon that these will be underperforming mining or oil producing companies, which is pretty much what they said they would go out searching for, so I'm stating the obvious really. We all know that there are a number of those about at present, either suffering from the lack of investment, expertise or the right connections. I believe XPL have all three of those requirements for success, so whoever they acquire is going to benefit massively....as are we, the investors. Less than two weeks, IMVHO. GLA Jack

Happy you cleared that one up :-) Actually, one sale and one buy. I was offered the 40k earlier today, but no funds. Only two weeks (or less) to go. GLA Jack

As I said earlier today, I doubt it. It doesn't take much to get the sp moving here, due to the lack of available shares in the market. The MMs have no pot of shares to play with and every time someone wants to buy, they need to prise them off an existing shareholder. I got my last lot today (32K) bought with my ECR profits. Doubt that I shall be able to get any more cash together before the news hits. GLA Jack

No, don't think so; but remember the old adage on AIM....buy on rumour, etc, etc. That's certainly true of ECR. I'm just saying that the price might move away from us well before any news hits. Jack

Not saying news is imminent, but I reckon that there will be a few buy orders in today and this will see the sp move towards 50p again quite quickly. Might need to reduce my ECR profit requirements to make sure I get a few more here at under 50p. GLA Jack

Hi mate. Hope you're doing well with ECR. I have just over 10m still with them and was intending to sell them today and start trawling the market for some more XPL. However, even though I got ECR at .38p, I could do with them being around the .60p mark before I sell (greedy b*****d). I'm sure they'll come good in the end, but I'm also sure that XPL will do the business and with the added comfort that the Company intends to be a big and long term player in this market. That means I won't have to off-load all of my shares as soon as the sp has spiked (and get hammered for tax), but take profit when it suits, with the potential for the sp to keep rising as the Company establishes itself. GLA Jack

£1 is what I'm looking/hoping for. I know one or two brokers have targets of up to £1.30 and who am I to argue with them. I suppose it all depends on the quality and value of the acquisitions, their potential for the future and, most importantly, what the market thinks of it all. My issue has always been the funding and the fear of a huge dilution of the existing shares. However, whilst I do believe that there must be a massive increase in the number of shares, I also believe that funding for the acquisitions is already in place and that this plus the value and potential of the acquisitions will take the sp towards that £1 mark. GLA Jack

ere! is that you hiding a few more of these nuts away for the Winter. Don't buy too many with your ill gotten ECR gains. Leave some for us poor s*ds :-) Jack

DD - within three weeks. All business pretty much done and dusted already. Jack

...sit tight. This little beauty will not disappoint you (and before Christmas). Need ECR to get to a point where my greed is sated, then I'm going all out for this stock. Not going to mention it again on any other boards. There appears to be a number of stocks being promoted on other boards, so that should allow us to keep XPL to ourselves for a little while longer. We have a small band of believers here and I don't want the sp going up too much before confirmation of any deal. Well, not before I've filled my wellies anyway. GLA and have a great weekend. Jack

Sorry Chris. I'm digging, but nothing as yet. Must be very close to news, but who knows what's going on until it actually happens. GLA Jack