Member Info for ThePunter1

Yes I agree that the geo is the more important factor now. I believe its clear this is a very comercially viable project if the grades are half decent. Once we get analysis on the content I think the SP will move to the next next level assuming its good. If there is then news about a buy back or another interest party it will rise to the next level again as that shows a route to getting it out of the ground.

Additional hundreds of metres are only going to increase the potential future share price imo, rather than significantly upping the current share price.

"I averaged down from 76p to a touch over 2p after todays trade wasben, i too had lost faith but this is a new company, compared to when we obviously invested first."

How can you have averaged down to a touch over 2p when the price has not been sub 3pence today?

Forzeb

"its not going to bounce and everyone knows that, they needed us to ride on high which we did and we will sell at the bottom after loosing everything as usual."

You only appeared on this forum on the 18th of January. Did you expect them to have the 1000m metres drilled out and sold by the end of the week? Mining exploration and development takes months if not years. Have you even researched the company? or did you see it on the top risers and assume it would keep rising in a straight line?

"It's looking bleaker on the SP front with this seller. I was hoping to hold out longer but if todays good news hasn't lifted it one little bit then it concerns me where this is going over the next few days."

Next few days? They have found nearly 1000 metres of continous mineralisation and you are worried about the next few days?

3p or 4p it doesnt matter. What matters is what comes out of the ground with the Midas drill bit. These things take time and you need to be prepared to wait. Checking the sp every few minutes on a stock like is pointless. Set up an RNS alert and go do something else.

Dont forget there is gold too which was said to increase with depth.

"Punter, I'm intrigued by your position in this share. Are you holding/short/etc?"

Considering buying at some point because I think a couple of their products are good. Hearing product especially.

Previously got in on the back of the covid rise on the way up. Sold later because I started to lose confidence waiting on sales news. Made an okay profit but not as much as I could have done with better timing. I did often suggest the SP was likely to fall without sales news. Unsurprisingly very few on here agreed.

"DUDD could have issued a NO REASON FOR RISE simples"

Why is he obliged to look out for other peoples best interests? If people wanted to jump into a 75p odd rise on no news then more fool them. Take the lesson learned rather than blaming others.

Always somebody elses fault isnt it.

Iwantthatone. Have a look on the company website and specifically the Bushranger-Summary-Presentation_April-2020. Plenty of survey images for you to review.

"the hole has been mineralised continuously to the current depth of 1,047m"

WOW!

"Why did DUDD allow the SP to run way ahead of it's self?.....£3 to place 80p,questions should be asked as to why no speeding ticket was RNS'd......;-("

You cannot blame Dudd for the share price hitting 300p. Its the MMs who control that, and the buyers buying into the hype caused it. The placing will have been planned in advance the 300p rise.

Perhaps people need to ask themself why they decided to buy into a company when it was valued at £100+ million before it had sold anything.

Win some lose some.

Forzeb for the average PI money is not made by jumping into and out of shares. Pick one stock having researched the fundamentals and stick with it. Until you get to grips with that you will just end up chasing the big risers and getting wound up. Having looked at your posting history I think you need to slow down a bit.

Well played mms. Well played indeed.

As of November 20th 2020 Colin Bird held 10,532,266 shares. With no notifications to the contrary we can likely say that is still accurate.

https://xtractresources.com/shareholders/

At the end of December 2020 with a closing price of 1.775 pence this holding was worth about £187,000
Close of play last Friday at 4.0 pence a value of just over £420,000
Close of play today at 8.5 pence a value of near £895,000

Without doing Colin a disservice he might at some point in the not too distant future consider retirement, if men like him ever retire. I expect he will want to leave the game with a final hurrah and plenty of funds to enjoy. I fully believe he will have our best interests at the forefront.

In CB we trust.

Hummingbirdmcgrumpo: welcome to filtersville.

Thanks for your response and thoughts. Interesting times indeed.

@bitcoinbuyer

You mention that the three diamond drill holes are for a total of 2,290m. Do you think AA will be offered the buy back based on this combined with the assay analysis? Rather than looking to increase phase one to bottom out each drill hole?

when the next interview is out?

Didn't buy in this morning without researching the company then?

They have recently raised £650k and there is the small matter of Anglo American with first dibs on a buy back. Dont think they need a placing right now.

D- for your deramp. Must try harder.

"Not ramping ORR, just suggesting the next multibag."

Which is a ramp.