Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
And its showing as sell, what a shock!
Time for this puppy to bounce back soon, happy with this buy.....
Thank you, your order has been executed:
Bought 263399 XTR - XTRACT RESOURCES ORD GBP0.0002 at a price of 1.515p
release
2 March 2022
Xtract Resources Plc
("Xtract" or the "Company")
Bushranger Project Drilling Update
The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to report on further work completed in the area inclusive of the southern extension of Racecourse and the Ascot prospects on the Bushranger copper-gold porphyry exploration project.
Highlights
· Seven further exploratory drill holes have been completed on the project, which were all located in the southern area between the Racecourse and Ascot prospects
· Initial core logging suggests that the Ascot mineralised zone extends for at least 300m along strike
· Drill holes BRDD-21-038, BRDD-21-039 & BRDD-21-040 were designed to test for northerly and southerly extensions of Ascot. All three holes intersected porphyritic intrusives and strongly altered volcanics, with multiple intervals of weak to locally moderate chalcopyrite mineralisation, including some stronger zones in BRDD-21-038, located 200m south of the Ascot discovery hole
· Drill holes BRDD-21-041, BRDD-21-042 & BRDD-21-043 were angled towards the west into the southern extension of Racecourse, all holes intersected porphyritic intrusives and strongly altered volcanics, with wide zones of visible weak to locally moderate chalcopyrite, including several sub-intervals of stronger mineralisation, all with the potential to extend the Racecourse mineralisation to the south
· Drill hole BRDD-21-037, planned to test a separate resistivity target some distance to the east of Racecourse, appears to have drilled the outer perimeter of the deposit, with relatively weak alteration and copper mineralisation
· Structural information suggests that the Racecourse porphyry swings towards a southerly strike direction as it moves towards the south and follow-up holes will be collared from drill pads located further to the west, for which approval is expected shortly from the NSW authorities
Colin Bird, Executive Chairman said: "The drilling speeds and operations at site are progressing very satisfactory with a lot of core being generated, and geological logging results being vital to future decisions, the suite of holes in this RNS are all assisting our knowledge of the ore bodies and their disposition. We continue to amass good intersections whilst testing the perimeters, which is necessary for final modelling.
The current geophysics together with this information, and once granted, the new drill pads will allow us to efficiently target and move toward our stated objectives. The results continue to give us confidence in the conceptual open pit at Racecourse and the potential of the Ascot discovery."
Bushranger Drilling Update
This will finish blue its already picking up, buys going through at 7.25 and sells are now over 7p.
Expect this could easily get close to 8p today.
Good luck
Latest buy is 6.70, think we could easily break the 7p today buys so far.
We needed a new subject line, the 6p one has passed we beat that, let's set the next level... 8p
Yes its 6.44 to buy now, i expect a little flurry this afternoon that will take this to close to 7p with a slight retrace before the end of the day. Should hopefully finish around 6.70 / 6.80 for today.
Heres hoping anyway ;-)
I was about to ask the same lucky, it would be nice to be at 6.9 but don't think its got there today... yet anyway.
Davidah, when did they let you out of the mental asylum? 70p per share would be an mcap of circa £1billion! I think you are going to be slightly disappointed with the final outcome if thats your take on it.
But i wish you the best of luck.
Jaytem, I'm not sure if you are a deramper or just someone who is a little bit stupid & nieve?
Whichever it is please just stop now.
Jaytem, why do you believe this won't be voted through? How many shares are in circulation? About 1.38 billion! From the last post regarding number of shares where people would not vote this through i think it got to about 5 million! Good luck but this will go through if a reasonable deal is bought to the table, anywhere between 7-10p this will be passed. Time to top up and make some money. Good luck but also its time to get real.
Plenty of buys coming in and all over 3.95
3.99 on the ask now...
4p finish???
Way more buys than sells in the last 40 mins, 4p is about to be broken, 3.90 now on the offer.
Last chance to top up sub 4p
Stolencat, you maybe right but at least i don't ask stupid questions, try doing some research like every other person would. But thanks for your feedback. Good luck xx
Here it goes....
Jaytem, if you are in at 7p then you have had chance to sell at that point, you did not so now you are in the situation where you will break even if this deal happens, possibly make a bit extra. That was your choice to not sell on the way down to the lows of 1p. So yes some are clueless when it comes to investing.
Good work etank, I’m glad you are going to make some good money. I also hope there is a better deal, I am not saying that there is a done deal at 7p but there will be a deal done in the very near future at around that sort of level whether its 7p – 10p. For those long-term holders that did not average down, you still have a chance to make it all work out. Gone are the days of thinking this will somehow get to 40p plus again, and those holding with higher prices may not have too long to average down as once any news comes out that they are seriously considering an offer then bye-bye to these rates!
Seriously rhino is that the best you can come up with? You must be one of the bitter ones?
Well done gazzleberry, you are one of the few. so what you moaning about? Congratulations you must be happy that you stand the chance of a significant return?
Definition of a “long term holder” … Someone who brought in at a higher rate, didn’t sell and is the proud owner of lots of overvalued shares. They don’t know what to do, they prayed it would come back one day, rather than sell they just continued to watch it gradually drift back from 30p to 1p! Now stuck with a massive loss the fear that they will never get that money back they invested years ago is now a reality! Apparently their only hope is to get as many people on the board in the same position to “STOP the deal from happening” (Get real, there will not be enough of you) to be fair you have also had plenty of options to average down or sell out earlier.
For those just getting in now, what a great opportunity to make a good profit, 100% from these levels at least, this had a massive uplift yesterday and at one point went over 100%. When a share does this, it will of course drift back slightly whilst those who made a good profit take some of that out and let the rest ride. The MM’s love to watch the rest of the suckers get pulled in, picking up some nice cheap shares to resell for vast profits later.
What do we know… AMC have been at this for years, the share price has been has high as 40p, but its drifted and drifted, it’s had millions and millions of shares added creating vast dilution, it’s still going to take years to get this this into production and £billions to get it there! AMC was hovering around the 1.5 – 2p most of last year, if you managed to pick up a few shares then well done because you are going to be a multi-bagger, it’s like winning the lottery for some.
For the long-term holder, you need to get some reality, your only hope of making it out of here with profit is to buy more at these crazy low levels and average back down, you never know you might just get out of this with a profit.
If a deal is on the table for £100million and the board have not come out with an RNS straight away saying it would never happen, then clearly, they are considering it or at least letting the Market know that the deal of the century is now on the table. One way or another it is looking like this will happen sooner rather than later.
Good luck to you whatever your position is here.