Sean K
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Thanks for your thoughts rockingham. Sorry I happened to mention management, that was illconsidered. I haven't met them myself and can't comment. So, are you a broker, analyst? Obviously you have access to some pretty good info on the company. I've just got the announcements and their web site.......rockingham178 said:Kennas
All due respect but I can assure you the analysts see this otherwise, GT Financial are now on record and suffice to say I firmly believe you will be hearing positives from Fat very shortly. The analysts I have read on EXT all have the same opinion that EXT was a negative only because of the heavy day trading, a very good reason the current activity is occurring with the stock having been actively manipulated.
This morning when all was looking down again an 800k offscreen buy came in at .10 over the top of the buy side of .098. I was tempted to place EXT as a potential breakout due to this but decided not to. Results are due out very soon and if these are what is expected EXT would warrant being placed in this category.
Despite the negativity EXT has been very tightly held and the consolidation will confirm EXT status as a leading U stock not just a flash in the pan day trader glory such as it has been and others have been recently. I have nothing against trading I do it myself but this needs to be placed in perspective. EXT will be recognised as I believe has already commenced.
Management talk is all cods IMHO.
kennas said:Thanks for your thoughts rockingham. Sorry I happened to mention management, that was illconsidered. I haven't met them myself and can't comment. So, are you a broker, analyst? Obviously you have access to some pretty good info on the company. I've just got the announcements and their web site.......
Just as an aside, what's your understanding of 'tightly held'. I notice SGJ have 7% ish, and Peter Mc has a few (not sure what %) but that doesn't add up to 'tightly held' to me.....
I'm looking forward to day traders leaving this too.
(holding)
mmmmining said:It is very hard to be a value investor when dealing with speculative stock! The speculation can easily overpower your research, and test your nerve. I just consider EXT is one of my uranium play, and don't bother who is saying what.
rockingham178 said:I just don't regard EXT as a significant risk even more so now.
sam76 said:I agree.
The consolidation will release EXT from the daytraders grip.
fwiw all my broker buddies say it's a good thing and you shouldn't sell EXT.
champ2003 said:Don't you think it's a wise idea to hold off from buying EXT until the share consolidation process is completed?
rockingham178 said:FYI, I trust this helps.
Should you get in before consolidation? That depends on what you are prepared to pay. Indications already are that it will be over $1...predictions are not good I know but I am betting it reach over .14 pre-consolidation and will be over $1.20 post consolidation. This is my best guess only and has no basis otherwise aprt from what is occurring to the SP currently.
Some of you may have already seen this on another forum which I posted today, if not here you go. I haven't verified the AGS results in the comparison table or where they are from. I have taken these as posted on HC by an AGS holder, the others are factual as sourced.
As a disclaimer here EXT has recently reported thay are targeting an average grade of .4 kg/t in the first target zone, which is conservative considering intial grades. I also have not included the southern Anglo historical drillings from the new EPL3439 adjoing the Ida Central and East zones in the comparison table, which only confirms we are looking at something special. Including the historical results the EXT grade average goes to 1.12 kg/t, these are posted separately here.
Also 7 drill results are pending and are overdue to be announced from the Ida zone. EXT are now expediting the drilling in the location and have commenced training of diamond drill rig operators at a rate of 4 per rig.
Anglo American historical drill results from the new EPL3439. EXT paid nothing for this location apart from the EPL fee, nice find wouldn'tyou agree?
43meters @ 0.37kg/t
32 @ 0403
24 @ 0.866
5 @ 2.45
17 @ 0.984
21 @ 0.510
11 @ 0.507
9 @ 1.864
37 @ 0.261
29 @ 0.243
20 @ 0.252
11 @0.490
56 @ 0.840
26 @ 0.236
3.95 @ 0.990
jemma said:Lovely coloured chart Rockingham but this still does not explain why I should buy now rather than wait for the factual price post construction.
jemma said:Lovely coloured chart Rockingham but this still does not explain why I should buy now rather than wait for the factual price post construction.
mmmmining said:First of all, share price will not always drop after the anns of construction. For example, the case of TOX;
Secondly, Uranium rush could set any uranium stock on fire at anytime. The benefit of waiting maybe marginalized by the possibility of loss of huge gain. You never know when the next big anns is coming.
Where, the current share price movement do support your argument nicely so far. But who can predict the future? Only time will tell. If not sure about EXT, maybe need to add other uranium stocks to ride the wave.
Its OK...I've worked it out...its just a feature of trading above 10c. duh! :bart:moses said:'scuse my ignorance, but this chart seems to have an interesting feature since December...most of the candles have long flames, even the big red ones.
Is this significant?
Reading through the ann........they don't say......the barry said:Can anyone please inform me as to when the consolidation of shares will take place??
Thanks
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