Member Info for robbieishere

Oh yes!

Great write up on Hot Stock Rockets. Prepare for lift off!

I suspect that many some PIs are pulling there money out to reinvest in the mining sector. I am heavily invested in both mining and here. If it goes much lower it will be a mega buying opportunity. It will bounce massively once Q3 profits are announced. Just wish I had some more cash to top up.

Boom!

Insider dealing, big RNS on Monday.

Great interview by TW on ************* with our leader. 1.65p by Christmas.

Yes I agree, the company be year end we be throwing off at least £600k for free cash flow. With the market cap now so low it's a win win.
Strong but in my book up to 3p

Glad to be given the opportunity to pick these up on the cheap, increased my holding by 300% @ 1.5p.

I’m a subscriber to podcast and have listened to the interview. Still stating the shares are cheap however it’s hard to give it a buy recommendation if a small placing is about to done. However, it’s only his view at a placing will happen and he thinks it’s is unlikely to be lower than the current SP.

Ridiculous what’s going on. At 1.5p I had to have a dip in for some more.

2.75 just paid!

Back in mid August they mentioned that their could A placing.

"There still looks near-term risk of a small fundraising here but from a current market cap of below £7 million, we continue to target more than double this and at up to 1.5p, buy."

We shall find out soon but personally I think it will bounce back quite rapidly so a good time to top up.

All a hoax? Can’t find anything from TW about selling.
This is the only info from end of August. STRONG BUY.

Xtract Resources (XTR) “is pleased to announce… has concluded an additional mining contractor agreement with Longhau Tianci Mining Co Ltd for the exploitation of the Boa Esperanza hard rock gold deposit at its Manica mining concession in Mozambique”… that is not the major news. But let’s start at Boa…

It is a 6 years agreement, with also “performance targets whereby the contract miner will be required to commission a plant with a minimum throughput of 60 tonnes per day within 2 months from the date of signing. The throughput tonnage will be increased to 120 tonnes per day within 3 months of commencing operations”. For the stripped material up to a depth of 30 metres Longhau will retain 84% in gold for services provided and thereafter 74%, with also following Mutapa Mining and Processing LDA’s release of the deposit from its agreement with Xtract it to get 35% of Xtract’s share.

The announcement notes, at 0.5g/t less 20% mine depletion, a Boa Esperanza Inferred mineral resource of 143,000 tonnes @ 0.77g/t gold, giving 3.55koz. However, also “limited exploration drilling has been undertaken” and that which has, “as well as underground sampling, indicates that there are potentially pockets or shoots of higher-grade ore within the overall resource. Also, the Duque gold workings, located 5km along strike to the west-northwest, suggests potential for additional discoveries beneath scree and overburden cover where the zone has been only sparsely drilled or remains untested by drilling”.

This is “an additional mining contractor agreement” since it follows just last week a similar agreement with Longhau for the ‘Guy Fawkes’ deposit – we noted on that it adding to around £0.4 million per month of net cash flow to Xtract we were looking for Manica hard rock collaboration to deliver. We now believe that these additional deals will see that free cashflow at well over £500,000 pcm

There remain risks – with the agreement subject to conditions including obtaining gold trading, mining and environmental licences, their rights of early termination and the main Manica deposit being Fairbride with construction yet to commence on site.

However, AND THIS IS THE BIG NEWS, now Xtract is “also pleased to report that the previous onerous Covid-19 lockdown protocols in South Africa have been reduced and we are confident that border restrictions will be lifted to allow the importing of machinery from South Africa to Mozambique”, with we having noted potential for Manica alone to generate almost £6 million per annum in free cashflow over six years and that before even greater potential seen from copper-gold-silver interests in Zambia and there also copper-gold exploration interests in Australia.

The shares are 1.675p, but the market cap is little more than £7 million. Targeting 3.65p+ and at up to 1.75p STRONG BUY

Harry just been interviewed by TW. great interview by him and Harry is very excited about the weeks ahead! Prepare for lift off.

You mean - new HIGH grade gold vein. Lol.

NEW HIGH-GRADE VEIN DISCOVERED AT KIZILTEPE

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed exploration and development company operating in Europe, is pleased to announce new resource and exploration drilling results obtained from the Kiziltepe Mine ("Kiziltepe" or "the Project") in Turkey. Kiziltepe is part of the Red Rabbit Joint Venture ("JV") with Proccea Construction Co., and is 50% owned by Ariana through its shareholding in Zenit Madencilik San. ve Tic. A.S. ("Zenit").

Highlights:

· A new high-grade vein has been discovered in the hanging-wall of the Arzu South vein, providing the following results:

o 12.8m @ 6.09g/t Au + 107.58g/t Ag
o 2.10m @ 4.75g/t Au + 14.76g/t Au

· Further significant results identify the potential for underground development at Arzu South, including:

o 10.8m @ 3.39g/t Au + 40.35 g/t Ag
o 9.60m @ 3.31g/t Au + 53.53g/t Ag
o 10.5m @ 2.18g/t Au + 31.68g/t Ag

· Conceptual underground mining plans completed for Arzu South are undergoing further review, supported by geotechnical studies being undertaken at the Middle East Technical University, Ankara.


Dr. Kerim Sener, Managing Director, commented:

"We are very pleased with the results of this drilling programme, which clearly demonstrate the potential for mining to continue along the northwest extension of the Arzu South vein. The recognition of an additional and consistent high-grade structure in the hangingwall of the Arzu South vein is a fantastic result and its discovery is a credit to the intelligence of our exploration team.

We are now investigating the opportunities for further exploration and resource drilling in this area, along with progressing additional underground mining studies. Based on the initial work completed to date, there are opportunities to either extend the Arzu South pit to the northwest by at least 200m or to develop this area by underground mining methods. We are keen to undertake further studies in parallel with the completion of drafting of our new joint venture agreements with Ozaltin Holding A.S. and Proccea Construction Co., which we are focused on finalising in the coming weeks.

I would specifically like to take this opportunity to thank our exploration team for their dedication to the initiation and completion of this drilling programme through a period of significant uncertainty caused by COVID-19. Of course, it does not go without saying that their efforts were supported at all times by our JV mining team at Kiziltepe, who helped ensure a safe operating environment for our drilling contractors and exploration staff. We are deeply appreciative of their collective efforts."

Lovely, that’s 6p being smashed today.

2.26p by Xmas or TW will have to eat his hat. Very positive about this one, in particular at least £7m of free cash flow without any cap ex can’t be bad on a company with such a small market capital.
I will also join him for the feast if we don’t hit 2.5p!

Nice to see a good rise today. Gold up as well so I fully expect 6p over the next few days.gold is predicted to hit new highs in September so this could easily go 8p+ over the 30 days.

Although Kefi is by far my biggest gold stock and should by year end be 5-10p I'm an also holding AAU, BMV, XTR, RRR and PRE. AAU just announced this morning £10m incoming for the quarter(£54m market cap!) so it should be an easy 2 bagger by year end. Anyone got any other recommendations to look at?