Member Info for news

<>BACK-TO-BACK RNS<>
-15 Jan 2020 [Fri] -Bushranger Update:804m depth = 7 O O METRES MINERALISATION.
-18 Jan 2020 [Mon]: Further Update with more CORE pics. May be 1,000m if in mineralisation.
-?: If still in mineralisation, WILL CONTINUE . Caveat Emptor said every 200m update [80-90m a day drilling which will be 2days+ - 3days.

Next door, Newcrest Ridgeway [Cadia-Ridgeway] could go to 1,600m.
Colin Bird : "Drilling down plunge - dont know how far it goes. Dont know the bottom. Determine."

<>"COLIN BIRD:
MATERIAL: E D G E OF HIGH GRADE ZONE- All mineralised."<>

<>"NEWCREST CADIA:
Going IN and OUT of mineralisation. Bushranger: CONTINUOUS MINERALISATION.
[Earlier, 12.1.21 Interview: Ore-body LYING ON ITS SIDE - UNIQUE.
Lachlan Fold ore bodies per Kincora [Tech Dir discovered Cadia] said Lachlan Fold "pencil" shape."

<>COPPER - GOLD<>
"Obviously good copper, mineralised all along- GOOD COPPER VALUES. Lots of it.

Chalcopyrite.
Pyrite in association with copper. GOLD.

<>RACECOURSE : HOLE 1 [PHASE 1, 3 HOLES]<>
"Right in the middle of the porphyry."

<>"HOLE 1, CORE PICS TO COME [8.1.21]:
"Core is very nice. Beautiful. Really Beautiful."

<>"Zak: Exceeded initial expectations?"
Bird: "Certainly"
------
My Comment:
-RACECOURSE-BUSHRANGER HAS E X C E E D E D BODA*S DISCOVERY HOLE OF 502M
which caused Alkane to re-rate £140m per Edwards on Twitter & posted on this forum by Stocky1.

-WILL RACECOURSE E X C E E D BODA*S DEEPEST HOLE OF 1,100M+?
Mon, 18 Jan 2021 - Shareholders will know as per C.Bird with pics of more cores.

-IF CONTINUE IN MINERALISATION, WILL IT REACH 1,600M AKIN TO RIDGEWAY [CADIA-RIDGEWAY, NEXT DOOR? C.Bird intends to drrill until bottom of Hole 1, Racecourse.

-BODA- Discovery hole KSD 003, 502m @0.48g/t au & 0.2% cu COPPER from 211 metres vs Hole 1 Racecourse 700m "continuous mineralisation" so far with 0.3% COPPER [inc 0.6%] from 110m. [XRF from 28m].

contd..

Since no one is willing to share, I listened to the interview again for the 3rd time and put up the sound to max. I caught what Mr Bird was saying about Newcrest*s Cadia. I think he said that the mineralisation goes IN and OUT. At Bushranger [next door to Cadia], it is CONTINUOUS MINERALISATION. Ref: New interview today, Fri 15 Jan 2021 post RNS update on Bushranger].

I did mention this before as it depends on the shape of the "pencil" [norm in the Lachlan Fold per diagram in XTR*s Apr 2020 Presentation and Kincora*s Technical Director who discovered Cadia]. Hence, why Mr Bird said "Bushranger is unique" due to the ore-body lying on its side as per the last interview on 12.1.21.

Kindly check.

CaptainBob,
Could you kindly elucidate on Colin Bird*s late afternoon interview today, Fri, 15.1.21?
I couldnt catch the part about Cadia-Newcrest, Gold part and Edge of High Grade Zone?
Thank you. Or anyone else?

Mr Colin Bird, Executive Chairman, XTR: BUSHRANGER, NSW, AUSTRALIA [Lachlan Fold]
Post RNS interview of today, Fri 15 Jan 2020. RNS was noonish and interview late afternoon.

Mr Bird:
"Dont know where the BOTTOM will be.
Extremely good.
Material-Edge of High Grade Zone.
Couple of days - Great Stuff.
820-825m now. Good news.
Pyrite in association with COPPER, Chalcopyrite. Gold?
Chalcopyrite -NICE BIG SLABS.
Right in the middle of the porphyry.
700 METRES OF CONTINUOUS MINERALISATION.
Pics for you as well, Mon next wk. Will report where we are on Mon, 18 Jan 2020.
Zak: Exceed expectations:
Colin: CERTAINLY.
UNIQUE, talked about Cadia - Newcrest but couldnt catch what it was.
Obviously GOOD COPPER, LOTS OF IT-PLEASED.
MINERALISED ALL ALONG - GOOD COPPER VALUES - a LOT OF IT.
REALLY BEAUTIFUL."

Kindly check as I cannot guarantee there are no errors - hard to listen and take notes.

News, 15 Jan 2021 [Fri] @5:35pm.

Summary:
After a noonish RNS on Bushranger, Lachlan Fold, NSW, Australia, the XTR shares ended the day on 3.95p to sell & 4p to buy +59% [advertised price]. On the other forum, one poster said the last buy was 4.2p.

At the advertised price as above [not live], the MKT CAP OF XTR IS £25M.

John Cronford, Mining Analyst of Master Investors wrote an article about "TRULY THE NEXT GREATLAND?" [para phrased] yesterday, Thur 15 Jan 2020. He wrote on 2 co*s ie XTR - Bushranger, Australia and another co [also London listed on AIM] who have a licence near Havieron. However, the co is just doing aerial data from what I understand and has not done any drilling yet but the mkt cap was £23m when I checked yesterday [higher earlier].

So, a summary of what has transpired on this historic day for XTR*s Bushranger.

On, Mon, Mr Colin Bird said there will be another update on Bushranger with more core picturs ie 18 Jan 2020.

News, Fri, 15 Jan 2021 @5pm

Look on Twitter under " #XTR "
All the top names in Australian Mining and Mining Agencies inc AFR , Mining Journal, Barry Fitzgeral of Resources Rising Stars, The Australian, Sydney Morning Herald etc all have been informed inc Sprotts. Like for Haiveron, they will visit onsite, visit the core shed and speak to Colin Bird, XTR . Just like for Havieron as it is Australian mining news. There will be core pics to see on Mon per Mr Bird [further to the one on 12.1.21]

Fri, 15.1.21

On Mon, 15.1.21, after a noonish RNS on Bushranger, NSW, Australia and now a new interview with Colin Bird, Executive Chairman, one cant even get £50 worth of shares.

I will provide notes from the interview a bit later. Mr Bird said there will be an UPDATE & PICS ON MONDAY, 18 Jan 2020 on Bushranger.
@4:12pm, Fri, 15.1.21

Advertised price now 3p to sell and 3.2p to buy +28% after the RNS, 15.1.21 on XTR*s Bushrangers-Racecourse [not live price].

Dummy price [live] shows much higher to sell. Just a few secs ago, the advertised sell was 3.10p [not live].

All the Australian mining agencies + major Australian press have been told about this RNS.

News, Fri, 15 Jan 2020 @2:43

CaptainBob
If no one asks Share-Talk if there is an interview, then there wont be one. I asked for the last one on 12 Jan 2021. Anyone else would like to ask, post Fri 15 Jan 2020 RNS on Bushranger?

I have contacted all the various news agencies in Australia relating to this RNS which is of interest.

Fri, 15 Jan 2020 @2:10
News.

Advertised price ticked up again to 2.9p to sell and 3p to buy +20% [not live price].

MM*s paying more than advertised price to sell.

Fri, 15 Jan 2020 @1:22pm [After noonish RNS on XTR Bushranger-Racecourse]

The advertised price [not live price] has just gone UP to sell at 2.85p [2.8p earlier] and 2.9p to buy [no change].

Dummy live price at Britain*s largest listed broker is CLOSE to the BUY PRICE & HIGHER THAN THE BUY PRICE!!!

Fri, 15 Jan 2020 @1:17pm

Please check.

Re: XTR RNS just released, Fri, 15 Jan 2020 [noonish]

It is generally know that in PORPHYRIES, the grades increase with DEPTH.
So, what the XTR RNS said is in line with this.

As to how far it will go, Cadia-Ridgeway or rather Ridgeway went down to 1,600m.

I saw another academic work but that is not available but under subscription and it said 2KM-3KM from recall.

Colin Bird Interview with Share-Talk:

There are models but we dont know how far it will go - Racecourse-Bushrangers, Lachlan Fold, N.S.W, Australia.

"THERE IS ANOTHER PORPHYRY - FOOTROT & OTHER EPITHERMALS." [Ref:Bushrangers]

Tweeted by Share-Talk a few mins ago, Fri, 15 Jan 2020.
https://twitter.com/ShareTalkNew/status/1350046874586157059

My Comment:
A N O T H E R P O R PH YRY at Bushrangers - I am not sure but it does not appear that this porphyry and the epithermals are under agreement with AA. XTR own Bushranger 100% [the whole licence].

BUSHRANGER [XTR] RNS FRI, 15 JAN 2020

-"804m DEPTH."

-"From 110 - COPPER MINERALISATION HAS BECOME STRONGER as the hole has continued to 804m."

"Colin Bird: The hole is CONTINUING IN S T R O N G MINERALISATION of the various styles to the current depth which is very encouraging for the scale of the porphyry at RACECOURSE."

-Will continue until drilled out of the zone. 80-90m a day drilling.

My Comment:
That is 6 9 4 METRES OF COPPER MINERALISTION [804 minus 110].
That has surpassed BODA*s 502m DISCOVERY HOLE.

News, Fri, 15 Jan 2020.

Ella10
I have now gone to Xtract Resources website and click onto the 12 Jan 2020 RNS. I clicked onto the 2 pictures. Thank you - yes, that must have been where John Cronford, Mining Analyst, Master Investors looked at.

I saw a picture of BODA core:
This is BODA* DEEPEST INTERSECTION of 1, 167 metres at 0. 5 5 g/t gold & 0.25% CU COPPER from 75m.

Pic of the core from KSD 7
www.proactiveinvestors.com.hk/stock_news/13856-alkane-resources-intersects-high-grade-gold-copper-at-boda-prospect.html dated 23.3.20

---
Today the MM*s still wanted to buy blocks.

Tomorrow will be the LAST DAY [Fri, 15 Jan 2020] BEFORE POTENTIAL RESULTS which may be on Monday as postulated if Bushranger-Racecourse reaches 1,000m. Tomorrow, Bushranger could HIT 815m as the target and continue if IN MINERALISATION.

LoL, if it goes further like Cadia-Ridgeway to 1,600m, that would be wunderbar.

News, Thur 14 Jan 2020.

JOHN CRONFORD
"WITH VISIBLE COPPER ALL THE WAY DOWN from 110 to 607m."

My Comment:
I now recall Havieron using the term "visible" in their RNS of 1 Oct 2018. GH, CEO: "We are very pleased to see significant VISIBLE mineralisation in this FIRST HOLE of this new drilling campaign. THE V I S I B L E observation of 2 3 9 METRES in HAD05 [Hole 5] is considered material because it represents A VISIBLE MINERALISATION INTERSECTION approx TWICE the size of that detected in HAD 01 {Hole 1].

Interesting that John Cronford mentioned : "Visible copper" although not used in the XTR RNS or Colin Bird*s last interview unless I did not catch the word.

So, XTR*S HOLE 1 [under XTR] at Bushrangers was 530 METRES two days ago described by Mr Bird as "CONTINUOUS COPPER MINERALISATION" and in the RNS "significant mineralisation." Please check.

14.1.21 [Wed]

2 big trades just showed up from yesterday Wed, 13 Jan 2021:

1m at 2.4p @12:01noon.

3.999million at 2 . 5 p @ 14:08 or 2:08pm

TRADES
Yesterday, I posted about the price at 14:35pm or 2:35pm
I quoted the advertised price of 2.3p to SELL and 2. 35p to BUY. I also said they would take MORE THAN NORMAL MKT SIZE and that they were paying more to buy.

Captain Bob checked the live price and that was the one I got from UK*s largest broker. I did not post live price as its not allowed.

So, the large TRADE of 3.999 million does appear to look like the MM was looking for STOCK. Captain Bob said they were keen to even take 1m at one go from his checking the live price.
Given the 3.999 MILLION TRADE PAID 2.5P does suggest he had to PAY above MKT PRICE FOR SUCH A LARGE TRANSACTION. Neither Captain Bob or myself ever got 2.5p to sell. To sell was a bit more than 2.3p but HIGHER ONLY FOR A LARGER BLOCK than normal mkt size.

Link to my post: https://www.lse.co.uk/news/

FROM CAPTAIN BOB
He confirms my share price quote and said "I concur with NEWS, presently it would be possible to SELL A BLOCK OF 1M SHARES at 2.3505p each. So my guess is that someone wants a few :) but they are not having mine." Yesterday, 13.1.21 @2:58pm
Link: https://www.lse.co.uk/profiles/captainbob/

CONCLUSION:
Dont know about the 1m as its a different time to my post and captain bob but 1m usually for buys or sells are not unusual or normally large. The 3.999m SHARE TRADE IS LARGE and it ties in with my convo and captain bob. So, it appears someone had to PAY A PREMIUM FOR THE LARGE BUY?

John Cronford [Mining Analyst] of Master Investors mentioned 2 co today which included XTR BUSHRANGER, NSW, Australia.

Both the co*s named are in Paterson Province, Western Australia [near Havieron] and XTR*s Bushranger in Lachlan Fold, N.S.W. Australia.

The other co has a MKT CAP OF £23M currently although it was much higher earlier vs XTR*s £16m MKT CAP --NEARLY <50% MORE although no drilling has taken place yet for the other co.

--FRI, 15 JAN 2020 - BUSHRANGER - TARGET DEPTH MAY HAVE REACHED PLANNED 815M--
However, John Cronford said they will continue if still in mineralisation.

I do NOT EXPECT AN RNS to say that they are continuing if it follows convention - Havieron & Alpala did not issue an RNS until when the drill hole ACTUALLY ENDS. If there is NO RNS, then as John Cronford said they will continue IF still in mineralisation? Lets see what happens.

"VISIBLE COPPER MINERALISATION - JOHN CRONFORD 14.1.21
Neither the RNS nor Colin Bird in his latest interview with Share-talk mention the word "VISIBLE" . The RNS mentioned "Significant" mineralisation and Colin Bird said "CONTINUOUS COPPER MINERALISATION" although in the interview he mentioned pics of the cores and he described them. Maybe, John Cronford read that from Mr Birds description of the core or he asked Mr Bird to see the pics of the BUSHRANGER Hole 1 [under XTR] core?

JOHN CRONFORD
XTR*s Bushranger has come to the attention of Master Investors even before the Hole 1 results from the lab and therefore only the XRF result is know of 0.3% cu copper [inc 2m 0.6% copper]. So, if similar patterns follow other co*s like Havieron, there will be more external notice and possible write-ups esp when Mr Bird said he wants Australians to know about Bushranger in his said interview.

News, Thur, 14 Jan 2020 DYOR.
Share price 2.5p mid price , £16m mkt cap
BODA re-rating event per Edwards from the chart [Stocky1] was a re-rate of £140m on the DISCOVERY HOLE of 502m intercept - I gave the grades earlier today.

Master Investors: "4 rocketing mining minnows should you follow them?"- John Cronford, Mining Analyst, Thur 14 Jan 2020.

https://twitter.com/ResourceTraderX/status/1349749087252455431

"Greatland Gold, last years market darling.
Or are they TRULY onto another Greatland?

BUSHRANGER - XTR
1st of 3 diamond holes [accurate] in a 1st phase reached 607m with V I S U A L COPPER ALL THE WAY DOWN from 110m - A HIGHLY PROMISING RESULT- explaining the share*s jump.

Drilling to continue to beyond 815m if mineralisation CONTINUES.

Xtract has something to fall back on...

FOR ...AND XTRACT WITH A CHANCE THEY ARE STUMBLING ON SOME S E R I O U S L Y LARGE FINDS, that is spurring market interest."

Attribution to Mirabeau & Givver with thanks.
I couldnt finish extracting some paras earlier.

news, Thur, 14 Jan 2021.

Gixxer-600 Splendid article by John Cronford of Solgold fame for writing at MasterInvestors JUST OUT TODAY, 14 Jan 2020.Rec.

Highlights:

".. ARE THEY TRULY ON TO ANOTHER GREATLAND GOLD? Here I will mention 2."

"BUSHRANGER - XTR
Planned to go to 800m deep [12 Jan ] REACHED 607m with V I S U A L C O P P E R ALL THE WAY DOWN FROM 110M - a HIGHLY PROMISING EARLY RESULT -explaining the shares jump."

"Drilling is to continue beyond the planned 815m if mineralisation continues. XTR HAS SOMETHING TO FALL BACK ON."

Etc. XTR 2.5p [mid] £15m+ mkt cap
Thur, 14 Jan 2020.