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i dont think we will have to wait 'long' for the explosive volume to start... its teased at it today but can sense a moments hesitation. I think the 100-150 trading volume perday will 'shortly' be a distant memory and we will be sticking zero's on the end.

Seems todays the day rather than yest for it to start walking up

Going to be lots of excited and nervous people in the XTR investor community over the next month

Walk or sprint
Gradual or steep
How many steps forward before one step back

All the thoughts that will surround what should be a very positive period olin the history of this company as it makes its step change in recognition and respect from the wider mining community

I thank whoever this was as its given me chance to grab even more sub 5.5 this morning which I did not think would be possible...

All gobbled up already

Placement shares all land Monday 10th
suspect this will be timed with news of Assays and modelling in quick succession.
Meaning next week could well be the week the shift up a few pence occurs...
definitely feels the new shares Monday will free things up and listening to CB interviews this week he was very clear, even correcting himself whilst salivating in excitement, to state "days" for modelling.
Add to that the # weeks since assays for hole 1 versus timeline of actual drills stopping and all stacks up to next week or so (I think and if my counting/calendar are not doing me a mischief)
exciting.

Lucky for those who grabbed more at 5.4-5.5 this week. not sure that opportunity presents itself again.

suppose there's a chance I could be wrong - so ill close on that before a neg head (perhaps called Tony) tries to slam my logic.

Hopefully she accelerates now

feels today is where the climb begins as drilling commences. First stop the SFR price point in the mid 2's. then upwards. will take a couple of months for drill updates, subsequent interviews and first sight of any assays. but hopefully there should be nice incremental gains. Cant really see why not from this position, knowing what SFR paid and knowing what we are sat on with those licenses. During this time we should also see the SZ situ update and move forward and copper price climb up towards $11k. should be a pleasant summer in camp GLR.

Lets flip this the other way round... how could an investor be happy if Brad had hoovered up, say, 5 million shares at bargain prices and taken them out of circulation/other investors hands. Lets remember these arent warrants or company share allocation, this is open market purchase for a company notoriously illiquid with not a high volume of shares.

I think for a director to watch a dip and use that as an opportunity to "load up" excessively would be far more distasteful and likely to serious upset a regulator. This is a statement. Simple as that. fair enough it could have been a few more, but its not really the point exactly how many as he isn't trying to accumulate all the share capital for himself. why would he?

I'd say those results look pretty good. For a year where the whole medicinal and healthcare world turned to COVID related items or took a hit... seems TRX didn't and managed to plough on with plans. the 400k UK and 500k US cost savings should actually save the company near enough a million a year moving forward whilst their operations expanded and revenue/profit held. Given the cost of change (its temporarily very expensive, for future gain) these results seem pretty solid. we should be happy for the recent "post placing" past, especially happy now and excited for what happens next.

Did he say imminent again last week? I think that was linked to hole 1.. didn't know it had been said again and thought I had listened to everything. I got the sense, through his word choice, he actually has been trying to tell the market to be patient. Therefore knowing he is prob gonna release a few at once after a short wait.

Ah ha. The upside is very attractive and has a [good] chance.
We agree on that

Have a good weekend too

Err.... Nope, not even a little bit. Sorry.

If you are gonna use % terms you have to start with the current position and take that as 100% for it to make any sense at all (which, given the explanation below, am only assuming you set at 20p???)

Which maybe means you are trying to say you can lose 95% or gain 400%? If it goes to 1p or £1 respectively?

Either way, no maths lessons on friday night

But at least you werent saying 1p is 80% likely, i suppose...

Lets leave it there

Sot - genuine question. Please can you briefly articulate your base case / rationale for how on earth you see OMI going back to 1p from here, and that being 80% likely.

Its friday night and im looking forward to this.

if someone has put large orders in that surpass what stock the MMs have they could well have dropped price to try release some sellers and fill the order. perhaps. its one option at least and it makes sense some large buy orders could poss have gone in.

Steve - WSBN are only drilling to 400m.. XTR are drilling down to 1.5KM

the two really arent comparable.

The BTC cliff edge may well be nigh....... something told me when it hit 60 the first time that might be it.. that was before all the recent news that's kicked it hard in the nuts! 20% down since last week and not looking good

Still trying to get my head around the fact that a company who are out there in elephant country exploring for, and actively drilling for, gold apparently won't be affected by the actual price of gold. Mind literally blown. It's good that these boards can be so educational at times.

will go today it seems.... no looking back from there. VMS or not we still got a LOT of gold under that soil. May is starting to look very exciting. (hoping so anyway)