Australian (ASX) Stock Market Forum

EXT - Excite Technology Services

Isn't that only on the surface stuff? Wouldnt trust that little sentence they put in. Trying to push the price higher by that. I only looked at the drills
Yes it is, but what does it really mean. I agree, seems like a ramp! LOL.
 
I don't doubt the accuracy and their potential. Definitely it is good.

Widths looks fine. I guess with modern day drilling this can be upped.

I will continue to watch.

I don't hold.
Looks like a mini bannerman is forming.

Re spectrometer - they are conservative kennas.
 
yeah definitely, but the thing is, waiting for the drill results would probably mean you've missed the bus. Still, I'm prefering to be a bit cautious with their latest announcement.
 
Yes it is, but what does it really mean. I agree, seems like a ramp! LOL.

ahahaha you said what I was thinking. Bit desperate there by that little sentance IMO. They dont need that kind of stuff. They should just report their drilling results. If Bannerman reported on surface spectrometer readings I would say the same thing. All in all the uranium update was decent.

They do have potential. Looks good and I think the share consolidation is definately going to get these guys on track to a higher price.
 
Mr Moderator,
As a moderator of this site, don't you think this is uncalled for and some what extreme.
"I agree, seems like a ramp"

Would you please explain ?

As it would appear you and the other posters have NOT read or understand the FULL Report.

And if you don't have time to read the Report, then just look at the picture with the coloured dot, and that the different coloured dots represents.
Look at the scale, the distance the coloured dots extend for and the widths.

Then add, the areas in between as possible 'MASKED' areas.

So, kind folk, lets be fair, please.

There has not been anything what so ever about the remaining sections of the Report, the Approvals, and the 27 and 28 lease sections.

Therefore Mr Moderator, lets be fair and view this stock with a thought about the complete Report.

Yes, you can ban me, of course, as the Moderator or the good Doctor can.
Kind regards
Barry
 
Mr Moderator,
As a moderator of this site, don't you think this is uncalled for and some what extreme.
"I agree, seems like a ramp"

Would you please explain ?

As it would appear you and the other posters have NOT read or understand the FULL Report.

And if you don't have time to read the Report, then just look at the picture with the coloured dot, and that the different coloured dots represents.
Look at the scale, the distance the coloured dots extend for and the widths.

Then add, the areas in between as possible 'MASKED' areas.

So, kind folk, lets be fair, please.

There has not been anything what so ever about the remaining sections of the Report, the Approvals, and the 27 and 28 lease sections.

Therefore Mr Moderator, lets be fair and view this stock with a thought about the complete Report.

Yes, you can ban me, of course, as the Moderator or the good Doctor can.
Kind regards
Barry
Uncle B, please interpret "LOL" to mean sarcasm. Seemed pretty clear to me. Ban you? What? For misinterpreting what LOL means? LOL.
 
I dont think Kennas was questioning the potential of the company to do well. Its just they sometimes try to over exaggerate their messages. See below.

"Additional ground spectrometry at the Anomaly D area, which is located at the southern end of the Ida East Trend, has located areas of exceptionally high grades of uranium mineralisation, peaking at 14,081 ppm eU (1.41% eU, or 1.66% eU308)*."

I mean come on..that part of the message is a bit deceiving to me and could catch newbies out. All would jump in when they see the 14,081 ppm. Just got to watch them. Overall the message shows good potential though.
 
Good evening Chris.
Sorry, but it is not "deceiving" at all to me and in fact is completely honest however, to a 'newbie', surely it wouldn't be, because everybody should research in depth any stock they are about to invest their hard earnt money in.

EXT, just maybe, could be sitting on a monster sized resource that could be mineable for maybe 100years.
Then there is a number of other leases to add to the equasions, that could or may have silver, gold and a number of other elements mixed with #92.
Now, I bet you and others would think this is deceiving or an outright lie ?

However, if the reader would spend some time to do some deep research into the areas that EXT holds, the leases and view the charts/maps from the other announced Reports you must draw the same conclusions as myself and a number of other long term holders do.

14.08 ppm........sorry I cannot see anything wrong with this statement.

Now, if you really think the statement/Report was misleading or decieving, why don't you contact the ASX and tell them this Company called EXTRACT was tricking the average investor ?

Please do, as it would then show EXTRACT is in the clear.
And could you please send me a copy of their answer, thanks in adance.

Mr Moderator/s, sorry chaps, where it comes to hard earned money, I cannot see LOL....... Nothing too funny about someone making a statement that is honest and therefore correct.
Kind regards,
Barry
 
Mate I'm just saying that little bit they threw into their announcement wasn't needed. Its amateurish compared to other announcements from BMN/PDN and ERN even. Management havn't proven anything to me just yet. Other than that I reckon their grounds are excellent and potential is excellent. Its like Kennas said though..it seemed like a ramp and I saw straight through that part of the announcement. In regards to their grades/results etc they all look okay. No huge depths on the latest results but potential is there.

Im not even bagging what they potentially may have I just didnt like certain parts of their announcement. In saying that they will probably go up 20 cents tomorrow so all the best :)
 
Dear Chris.
I only like total truth when it comes to my investment, money.

And again, once more,
"No huge depths on the latest results"

And again, once more, lets be fair and straight forward !
From the current Report,
"28th March
35meters @0.212kg/t

17mts@0.984
9@1.864
21@0.510
45@0.239
13@0.446
6@0.909"

And please read the other drilling results on other Reports.

And the resouce is from the surface down.
Which would indicate an open cut operation.

How good do you want it ?

Hey, I have a better, idea, I give up, over to you and your mates fiction about EXTRACT.
Then again, why don't you sell your stock, and make it available for people like me to buy?
That is, after you have offically complained to the ASX for EXTRACT misleading you. You will do this of course ?

ps, wrong with this, very wrong, "You just don't like anyone having an opinion"
As I research all or as many FACTS about the Companies I invest in as possible.

Best of luck with your investments,
Barry
 
I dont need luck uncle barry. You cant hack it that I didn't like some parts of their announcement.

I allready used to hold EXT and made money on them..and I actually think they are getting their act together. I was saying they should of consolidated their shares a long time ago. Management are slow to act IMO. The depths on their latest report weren't the best which is what I'm referring too. I'm not saying they were bad also though. I allready know the other reports show potential and depths are good with some of the other reports. I said they show great potential...really what more do you want? hmm?
 
Mr Moderator/s, sorry chaps, where it comes to hard earned money, I cannot see LOL
You obviously have money in EXT Uncle B and can not take any negative views on the stock, or their anns, even if they are in jest, or objective ones. Please read back through the thread and see the time and energy put into analysing EXT prior to this recent ann. Actually, go back a year. Unfortunately, when people are reading through the threads they only get a snippet of the overall conversation and miss the point, as I have done many times. (sorry guys). Good luck in your investing Uncle B.
 
I have re read EXT's announcement. It appears my earlier comments were certainly mislead! Its seems a cunningly worded and deceptive announcement. I thought that "ground spectrometry" were drill results but they are not! I have to agree with chris 100% on this one.

Sure they may have potential(being in namibia) but they should be careful in their announcing. 1% uranium, at what widths????

I will stick to my ERN. ERN is less risk than EXT as it is far less market capitalisation. The less market cap you have the more risk is priced in/already factored in. ERN is just being values like a grassroots explorer without uranium right now.

Positives in the ann include - they are looking at getting 4 rigs running on Husab south. 2 RC's 2 Diamonds. However commencement date of drilling was not specified.
 
Good morning.
"You obviously have money in EXT"

Well guys, thats about as strange a comment as you could get !
Of course I have.

Because I wouldn't ever waste anybodies time unless I had bought the same Company's stock AND had made a indepth study about the Company and its potential.

And had learnt to understand the Reports leased by the said Company.

Again, if you think EXT's Reports are in any way misleading, in any way, then PLEASE report this matter to the ASX.
And then supply their answer to you here.

BUT to say or write here or on any Forum, that a Company Report is misleading is, lets just say, somewhat unprofessional and maybe or could be considered as slander. A road that any Forum owner and or poster surely doesn't want to take.

Therefore please reread the Report with an open heart and eyes, as you too will discover that this is a very positive Report.

WITH the granting on the 2 new leases, which just could be the last in Nam.
WITH the EVO clearences.
WITH and more, if you care to read the Report.

Trust you all have a better day.

Kind regards,
Barry
 
Good morning.
"You obviously have money in EXT"

Well guys, thats about as strange a comment as you could get !
Of course I have.

Because I wouldn't ever waste anybodies time unless I had bought the same Company's stock AND had made a indepth study about the Company and its potential.

And had learnt to understand the Reports leased by the said Company.

Again, if you think EXT's Reports are in any way misleading, in any way, then PLEASE report this matter to the ASX.
And then supply their answer to you here.

BUT to say or write here or on any Forum, that a Company Report is misleading is, lets just say, somewhat unprofessional and maybe or could be considered as slander. A road that any Forum owner and or poster surely doesn't want to take.

Therefore please reread the Report with an open heart and eyes, as you too will discover that this is a very positive Report.

WITH the granting on the 2 new leases, which just could be the last in Nam.
WITH the EVO clearences.
WITH and more, if you care to read the Report.

Trust you all have a better day.

Kind regards,
Barry

Looks like the market didn't think it was too positive. Heading south quickly.
 
hmm..you dont give up. I said the report showed great potential. I didnt like that part of the report. Jeez. Its no doubt extract have underperformed right? For your sake I hope they get their act together and I think they will. You sound a little frustrated with EXT to be honest.

The market hasnt reacted so positively to their report.
 
I have said it has good potential. I am very very positive on Namibia and it's unlikely you will lose in the long run. Good that they are getting more drill rigs on site. Just didn't like the wording. Also don't like this fact:

EXT's market capitalisation has grown year on year but its share price has not.
 
UncleBarry..I want you to know I think Extract grounds are excellent..I think they are great. I think potential is great. Like Halba said..all I was trying to say is I didn't like the wording also.

Other than that I am saying it shows great potential. I think that section of their announcement would make a lot of investors out there think.."hey what are these guys trying to do..it sounds like they are trying to prop their company up a bit.."

Do you know what I mean? fair value will come through as the continue drilling though. In my mind they will have a substantial deposit there and everything is looking good for them.
 
UncleBarry..I want you to know I think Extract grounds are excellent..I think they are great. I think potential is great. Like Halba said..all I was trying to say is I didn't like the wording also.

Other than that I am saying it shows great potential. I think that section of their announcement would make a lot of investors out there think.."hey what are these guys trying to do..it sounds like they are trying to prop their company up a bit.."

Do you know what I mean? fair value will come through as the continue drilling though. In my mind they will have a substantial deposit there and everything is looking good for them.

They have just raised $15 mill. to canadian & U.S. investment syndicates.......so report has probably laid it on a bit thick!! for their benefit!!.......
They will drill soon & then we'll see how much U3o8 is actually laying around on the surface.

I bought in last month coz their land is right in between Rossing & Bannerman......so has potential .

Plus Haywood securities will market Extract ....one way or the other like Carmichaels did for BMN.
This is just the beginning for Namibia IMO......presently the Aussie Uranium explorers are getting the attention .

Once bannerman can prove the resources & move quickly towards producing a mine ......Ext & ERN will really take off !!

Plenty of time yet....be patient...:) in between BMN is doing great !!
 
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