Australian (ASX) Stock Market Forum

EXT - Excite Technology Services

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.
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)
 
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)

Sorry if I sounded harsh Kenna's that wasn't my intention, just tired of the unfounded management talk. No I'm not an analyst I am involved in risk management and have mining construction background on major projects. I am however an avid researcher and don't take investing my money lightly. I don't gamble on horses etc and any speculative stock I get involved with I need to believe it has something. I do understand risk managment very well. These factors are why I decided to aquire EXT, which most of what I have was accumulated in the 6's and 7's and I have no intention of selling for some time.

I do have access to information but nothing more than is publicly available (and that is a lot more than just EXT web information) and what is available via paying subscriptions. Also I like many others do in any field have a network of associates who do know what is going on and in particular in mining, major projects and geological information.

I am no expert by any means and would not expect people to solely rely on my information. I share on forums and I take from forums what I can, basically what makes forums a valuable resource used wisely I suppose.

"tightly held" The stock has been literally pushed down in recent weeks and the resistance has been very strong and sale volumes low. The OBV has just about flattened. The price continues to push up and someone comes in with a ridiculously small sell way below ask and the manipulation continues until it comes back up on strong resistance, today another good example.

But please I am sharing what I know but DYOR, I just personally think this is way under rated atm and time will tell if I am right.

Anyhow back to EXT which is looking much better as a type.
Cheers for now.
 
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.
 
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.

I agree that is why I have many other investments, the biggest of which is property. Risk spread is always adding value, I just don't regard EXT as a significant risk even more so now.

The value in any speculation can definately be in the eyes of the beholder. It just depends what you are prepared to risk based on what you know to be fact as compared to the loss/profit you may take/make.

Your point is valid, meaning that a lot of people here are dealing in spec stocks with many seeking a free ride or the holy grail it seems with little or no research which I regard as high risk.
 
rockingham178 said:
I just don't regard EXT as a significant risk even more so now.

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.
 
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.

Exactly what you have written is what I have been informed very recently amongst other technical aspects. If Fat don't mention EXT positively within 3 months I will eat my hat so to speak, but rightly they won't until daytraders have lost interest/control which is very close. Obviously you will still be able to day trade as per all stocks, you just won't be able to manipulate daily as has been in the past. IMO that is the negative which was EXT and is now others such as PEN, GSE, WMT and soon MKY, good money to be had though.

The comments coming forward from all sources now are very positive indeed of the current process and the massive potential of EXT resource, which will become evident to all very soon. You only need to look closely (and I mean closely) at where the first target zone is and as good as Husab is the overall link between the locations they have from Rossing south zone to Hildehof and the Ida areas to the already proven Anglo American drillings and you start to get an idea of the size of what is about to be revealed. It will make Langer, Valencia and the Elspe locations look very small in comparison. Although I have excluded the BMN Goankonite location from this as it looks massive in it's own right IMO.

Also keep in mind EXT are not actually handing over any cash for the 100% U rights of the Husab JV, as some would have you believe. This arrangement is financially exceptional for EXT as a company and shareholders alike (me).

If you believe there is no U in these locations of any significance then rossing, langer etc are a vision of your imagination, which is obviously not the case.

But as I said DYOR as I may yet be proven wrong...but I really don't think so. EXT should very soon, if not now, be placed as a potential breakout but you will have to pay for it now. It may seem like I am ramping and take this as you will, I am not. I am just stating what I believe to be fact based on what I know to be true and what I have read and been told, all I need is in front of me like a big bright yellow light. Today was a good day for EXT holders.
 
To confess, I like EXT because it has the best looking Radiometric map second only to Rossing mine in the province, and confirmed by drilling results.
 
champ2003 said:
Don't you think it's a wise idea to hold off from buying EXT until the share consolidation process is completed?

:rolleyes:

Exactly champ, can someone tell me why it would be a wise idea to buy into ext pre share reconstruction?? Why wouldn't you just wait and see?????? :confused:
 
then again, "unwise" or rather "the bigger gamble" = most reward if it comes off ;). However, I've got $10 to say that Joe isnt interested in promoting gambling. :2twocents
"buy during uncertainty, sell on good news"?
 
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
 

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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

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.

I agree jemma, only you can do that that would be quite a personal choice based on your research and position only. I posted this for interest and my thoughts only please take it as you will.

I won't be buying anymore atm as I hold a nice parcel now that I have built since the 6's for a long term hold. I am quite happy with my EXT position.

cheers
Rock
 
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.

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.
 
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.

You can lead a horse to water, but you can't make it drink......nor should ye try...only they can decide when is the right time for them to drink!
 
'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?
 

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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?
Its OK...I've worked it out...its just a feature of trading above 10c. duh! :bart:
 
Manipulation has worked extremely well of late and today the stop losses were activated it seems.

As predicted by GT Financial the sp may drift out building up to consolidation and this is happening. The positive report put out also indicated this would not last.

It seems it may drift lower still than today but who knows how this will go it goes up and down so fast it is hard to predict with or without charting. Positive fundamentals have not changed.

As for the previous posts as to why you should buy pre-consolidation it seems you should but the best chance will be over the next 2 weeks, in fact I would label it a strong buy from .09 - .095 as this will be over $1 post consolidation, I am convinced more than ever now.

IMO the next results would be best left now until post consolidation as I don't think they will make a huge difference to the sp now. I may be wrong but this is how I personally see it.

Frustrating for long term holders though...me included, especially when all looks so good for EXT and it will be. Just a bit tired of watching the yoyo :banghead:
 
the barry said:
Can anyone please inform me as to when the consolidation of shares will take place??

Thanks
Reading through the ann........they don't say...... :confused:

Have a read of the ann yourself Barry and see if you can see a date, or...year....
 
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