Member Info for JDAU

I don't think anyone who posts on this bb is qualified enough to answer that for you.

The best I can offer with the current information available: This will be considerably bigger than the current Jorc resource and is looking very likely to be commercial:

"Racecourse Mineral Resource, which was estimated in 2018 as 71Mt @ 0.44% Cu and 0.064g/t Au, at a 0.3% Cu cut-off, and has been classified as Inferred in accordance with JORC (2012)."
Ref: https://www.lse.co.uk/rns/XTR/bushranger-commencement-of-drilling-98veayivcjvrvy0.html

Just an observation: We had the geochemical update on the Monday (25th) after the first drill (BRDD-20-001) stopped on Friday (22nd).

The results are looking very promising considering the implied size of the resource :
o 40m @ 0.3% Cu from 110m using a 0.2% Cu cut-off
o 148m @ 0.3% Cu from 171m using a 0.2% Cu cut-off
§ Including 30m @ 0.6% Cu from 235m using a 0.3% Cu cut-off
o 287m @ 0.3% Cu from 474m using a 0.2% Cu cut-off
§ Including: 30m @ 0.4% Cu from 517m using a 0.3% Cu cut-off
§ and: 23m @ 0.5% Cu from 628m using a 0.3% Cu cut-off
§ and: 39m @ 0.5% Cu from 722m using a 0.3% Cu cut-off

Ref: https://www.lse.co.uk/rns/XTR/geochemical-update-on-bushranger-project-urg5n9bt5k8o95d.html

Recent comment re (BRDD-21-002):
"The drill core will next be logged in detail and copper grades will be initially assessed using a hand-held XRF spectrometer prior to cutting of the core in preparation for definitive laboratory sample analysis for copper, gold and other accompanying elements." ref: https://www.lse.co.uk/rns/XTR/bushranger-drilling-programme-progress-update-nqnwkp37h3kb0j3.html

Not sure about the rest of you but I'm expecting a geochemical update RNS imminently.

Blueballsnall you've sure changed your tune... so the other projects ARE looking good now you've bought in?
Interesting considering you were consistently arguing with me about how they were looking rubbish through Nov-Dec when the SP was 1-1.5pps.

I'm all for making money trading, but perhaps less of the blatant bashing/ramping to suit ones agenda would give your views a little more credence.

Was just re-reading the RNS's and noted the geochem update giving XRF results came 3 days after they finished drilling the first hole (BRDD-20-001) (ref: https://www.lse.co.uk/rns/XTR/geochemical-update-on-bushranger-project-urg5n9bt5k8o95d.html )

We finished drilling the last hole on Friday (BRDD-21-002) ( ref: https://www.lse.co.uk/rns/XTR/bushranger-drilling-programme-progress-update-nqnwkp37h3kb0j3.html )

I'm left thinking that we're going probably to be getting another Geochemical update in the not too distant future? / confirmation of the third drill starting?

I'm not even sure where my 'target' is anymore - it was smashed out the water some time around mid January.
I was originally looking for a £30-50mn market cap as had been my plan over the last few years... It reached it with ease and yet I still find myself here.

This project took my time consuming and painstakingly thought out strategy and threw it in the tumble dryer.
I'm still trying to get my head around where to set my sights to be honest.

We are about drill hole number 3 imminently as per: https://www.rns-pdf.londonstockexchange.com/rns/7650I_1-2020-12-15.pdf

"· The rig will now be set up to drill the third hole of the programme across the mineralised porphyry system to define the width and grade of the zone higher in the system."
Ref: https://www.lse.co.uk/rns/XTR/bushranger-drilling-programme-progress-update-nqnwkp37h3kb0j3.html

5.77p was my Best Buy today... I've been doing some hoovering.

...same goes to the gang that helped me with my initial look into here, all thoughts on current goings on welcome - helps me add a bit of coal to the research engine room :)

I saw that RNS pop up the other day, looked good to me on the face of it (although admittedly I’m still playing catch up on GLR)

HairyDavey - I’d be interested to hear your thoughts on it if you’d care to share them?

The 2x 500ks are this mornings buys, my crystal ball tells me another one should turn up soon enough...

You might see a few sizeable ones today if you look closely ;)

Apologies if you felt left out CE, believe me when I say it was for the right reasons.. fair to say I've always respected your input here and indeed, I can't think of a time we've had cross words.

Very much looking forward to sharing the ongoing XTR journey with yourself and other investors.

As an aside, if anyone is new here and struggling with research feel free to ask questions and I'll do my best (as I'm sure other shareholders will) to provide links to research/notes etc so you can investigate the company and its various projects yourself.

Nb. I'm more knowledgable about Manica than our new ventures so I can likely be more help with that project in particular - feel free to ask if there's any questions.

Cheers all, have a good weekend!

Just thought I'd repost some of my old research notes as we're currently awaiting news on income streams from Manica and many won't have a clue what's around the corner:

----------------------
“Highlights
Excellent gold intercepts at Dot’s Luck include:
- 11m at 6.53g/T Au including 6m at 10.41g/T (DLD18)
-13m at 3.88g/T Au including 2m at 14.26g/T (DLD19)

Excellent gold intercepts at Guy Fawkes include:
-2m at 11.15g/T Au including 1m at 21.96g/T (GFR03)
-3m at 2.35g/T (GFR04)”

Reference: https://www.asx.com.au/asxpdf/20131127/pdf/42l5b7g6bfykxh.pdf

Note that these are only a small amount of drill results from a small amount of our (non Fairbride) hard rock targets, there’s much more information out there obtained by previous companies drilling campaigns, especially on the other resources (targets) on 3990C
----------------------
If you wanted a general feel for average grade / T for the targets we’re discussing then you could, for instance look at this sort of info (although NB this is from 2013/14)

Indicated:
Guy Fawkes @ cut off of 1.25g/T Au : 420k T @ 1.92g/T
Dot’s luck @ cut off of 0.5g/T Au : 425k T @ 1.87g/T
Inferred:
GF 380K T @ 3.90g/T
DL 455k T @ 2.06g/T
Ref: https://www.asx.com.au/asxpdf/20140314/pdf/42ncv68wpyxds8.pdf

Was just reading through some of my old posts/research notes from circa 2018-19 when the SP was sub 1p... can't help feeling a little reminiscent of the dark days where XTR was being beaten to a pulp and I was buying as much as I could get my filthy little hands on whilst trying to explain my reasoning in spite of what I perceived to be uncalled for negativity almost daily.

Anyway... without rambling about it too much, it made me think/want to say:

To those of you I've been heavily combative with over the years, I genuinely wish you all the best from your investment here (if you're still here) - LittleWing, Jez, Gix, Andrew to name just a few of my verbal duelling partners - I know things got a bit nasty at points and that I can be a bit cutthroat when I think I'm right and someone else is wrong - I'm sorry for that, it's just my way when it comes to business and I'd hope you don't hold it against me personally.

I'm also aware that something being 'my way' doesn't excuse some of the unnecessary personal digs I've had at you lot over the years, and for that, I'm sorry.

I just wanted to say that from my end, as far as the flak I received from a few of you over the years, it's water under the bridge and I wish you all the very best here.

Well, what a fantastic week's drilling once again ladies n gents.

Both holes required drilling beyond targets as the mineralisation went further than we'd imagined, XRF's looking good, lab analysis of cores and another drill on the way to further define the ore body, other projects pushing forward (I'm still psyched about Manica) with several income streams looking to come online over the next couple of months... it certainly is starting to look like CB's coming good on his promise to old timers here.

There will no doubt be a few (including myself) grinning from ear to ear with recent developments.

Humbogumbo, you don't seem to understand that for many invested here, the share price being 5.5pps or 6.5pps over the next hour, day, week, or month is basically irrelevant considering the current events within the company.

Our targets are set considerably higher than todays SP and we've been with XTR long enough to understand what kind of reward a bit of patience can bring.

Shame for most of those (self professed) 'sharp traders' they didn't have a clue about this when it was circa 1p

Traders will want their gains imo - to be expected as we've seen it enough times.
Onwards and upwards ladies n gents.

Fantastic news, what an outrageous result from the first two drills.

N.B. important part of the RNS:
"As the first two completed holes by the Company at Bushranger were particularly critical in defining the overall down-plunge and width dimensions of the Racecourse deposit beyond the limits of previous drilling, the Company has issued daily updates on drilling progress over the last few weeks. The positive outcome of the first two holes has warranted the drilling of several follow-up holes, and ongoing drilling will aim to further extend the boundaries of the deposit and to define the internal continuity of the mineralisation, as well as testing for possible additional branches of the porphyry system. The Company will revert to reporting on the drilling on these follow-up holes on a more periodic basis as significant developments arise."

A return to more standard reporting is to be expected moving forward.

...for what it's worth, I'd imagine we will.