Xtract Resources: Please Colin, get help for this addiction – STOP ISSUING SHARES!

Published 10 days ago

Xtract Resources (XTR) can’t help itself. In a carbon copy of the manoeuvre back in February earlier this year, it has announced a placing at a shockingly low price just as some positive sentiment was returning around the potential alluvials revenue. Let’s take a closer look.

Xtract Resources: Plus ca change - more delays, more ramping and more dilution (plus a Royal Ascot tip)

Published 60 days ago

I thought I would pause before commenting on yesterday’s RNS from Xtract Resources (XTR) relating to the Manica alluvials as I felt it was odds-on that more dilution would come from one source or another following the ramping off the back of it. Surprise, surprise, Yorkville cashed in and announced a loan note conversion today, but let’s take a closer look at the announcements in any event.

Video: Colin Bird of Xtract Resources presents at UK Investor Show 2017

Published 121 days ago

In this video from the storming success that was the 2017 UK Investor Show, Colin Bird, Executive Chairman of Xtract Resources (XTR), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

And the winner of the Colin Bird Caption Contest is...

Published 131 days ago

Yesterday, we asked you to caption a photo that YouTube chose for our video of Galileo Resources (GLR) at the UK Investor Show which caught Colin Bird, also of Jubilee Platinum (JLP) and Xtract Resources (XTR), in a particularly animated pose. The quality was high, but the winner of the Caption Contest is:

Caption Contest: Colin Bird of Galileo Resources at the UK Investor Show 2017

Published 132 days ago

YouTube automatically chooses a still from a video to place on the holding page. The one that the algorithm chose for our video of Galileo Resources (GLR) at the UK Investor Show shows Colin Bird, also of Jubilee Platinum (JLP) and Xtract Resources (XTR) in a particularly animated pose. Caption this picture - your deadline to post entries in the comments section below  is midnight tonight ( Sunday 9th April).

Video: Colin Bird of Galileo Resources speaks at UK Investor Show 2017

Published 133 days ago

In this video from the storming success that was the 2017 UK Investor Show, Colin Bird of Galileo Resources (GLR) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.

Xtract Resources: More dilution – it’s a damn addiction!

Published 134 days ago

Just catching up with an after-hours RNS from Xtract Resources (XTR) on Wednesday and although I was hoping for an update on how it is going to finance Manica, it was in fact just more dilution taking the total number of shares to over 34 billion…..with more to come...

Xtract Resources – Guess it must stand for Damp F***ing Squib

Published 170 days ago

Hallelujah! Xtract Resources (XTR) finally managed to issue the long-awaited DFS at 4.23pm on 28 February. It’s taken me a bit of time to comment on it as I’ve been scratching my head thinking to myself: “Is that it? Is there a page missing? What now?”

Tom Winnifrith Bearcast: In (partial) defence of Colin Bird at Xtract Resources

Published 182 days ago

This will not make me popular. If you want to see me going for someone who really deserves it I stick the boot into the war criminal and Brexit denier Tony Blair in a podcast on Tom HERE. As to Colin Bird of Xtract Resources (XTR) which we own thanks to the blinding stupidity of Gary Newman & Steve Moore, the lynch mob is out after last week's hugely discounted placing. I am not defending my friend Colin entirely, nor am I tipping the shares, but I think some folks are not giving him credit for some of what he has done to rescue a company that was bust and are not putting his actions in context as I explain in full.

Xtract Resources – Just when you thought it was safe to get back in the water… almighty PUMP and DUMP!

Published 184 days ago

I started writing this article on Xtract Resources (XTR) yesterday morning and was going to comment on how sentiment was turning and Colin Bird’s straightforward approach in recent RNS’s was to be applauded and then – WHAM - a placing RNS from hell and I’ve had to rewrite the whole piece. Thanks Colin!

Xtract Resources – For the love of God, where’s this bloody BFS?!

Published 231 days ago

Further to my last piece two weeks ago HERE on the cash challenges facing Xtract Resources, it announced a ‘keep the lights on’ placing of £220,000 on 21 December pending the authorisation of 9 billon shares at yesterday’s general meeting. All as expected but where, oh where is the goddamn BFS (or DFS or whatever Colin wants to call it)? As yet another deadline is missed, I thought I would provide a helpful overview of the quest for the mining equivalent of the Holy Grail.

Xtract Resources – Massive dilution ahead….but will it actually help?

Published 246 days ago

Earlier this week, Xtract Resources (XTR) announced an upcoming EGM to authorise the issuance of a further 9 billion shares, a mere 50% of the current share capital! Sounds like a lot but one needs to have a look again at the last heavily dilutive funding round in November to ascertain whether this is actually going to help.

Xtract Resources – Funding RNS obfuscation at its worst: disappointing

Published 289 days ago

I was starting to warm to Colin Bird at Xtract Resources (XTR) with his decisive action and straight-talking, although today’s hugely disappointing funding RNS which needs about five reads and three espressos to understand leaves me feeling cold, although I’m guessing Beaufort Securities and Beaumont Cornish should shoulder some of the blame.

Xtract Resources - moves to the worst Nomad in London: It gets worse...

Published 299 days ago

There are two statements out today from Xtract Resources (XTR) and neither can be viewed in any way as good news. We own these shares thanks to Dragons Den choices by Steve Moore & Gary Newman at UK Investor 2016, and today's admissions prompt me to start filling in P45s for both those writers.

Xtract Resources – The end of Chepica as the Jan Nelson era draws to a close

Published 331 days ago

Xtract Resources (XTR) reminds me of someone after a massive night out, no doubt drunk on the promises of Jan Nelson, being held upright by the more sensible friend, Colin Bird, as it stumbles from pillar to post on the way home, desperately close to falling in the busy road.

Jubilee Platinum Confident update and chat with Colin Bird

Published 401 days ago

Jubilee Platinum (JLP) has updated investors on the performance of its subsidiary, Jubilee Tailings Treatment Company Pty Ltd in the three-months' ended 30 June 2016, of its chrome recovery section of the Dilokong Chrome mine tailings project and a progress update on the Hernic PGM-bearing chrome tailings project. After this Tom Winnifrith had a good chat with the chairman Colin Bird.

Video: The Balloon Debate from UK Investor Show - now this was fun

Published 460 days ago

This was meant to be just a fun debate to start the day with a few laughs. Girly swat Chris Bailey took it really seriously but other competitors myself, Malcolm Stacey, Colin Bird, Dominic Frisby were more relaxed. Speaking for gold Andrew Bell was so relaxed he forgot to turn up but Jan Nelson stood in at the last minute. I explain what a balloon debate is in the video. Enjoy.

Video: Colin Bird & Ed Slowey of Orogen Gold at UK Investor Show

Published 468 days ago

The arrival of Colin Bird at Orogen Gold (ORE) has, given the company a new lease of life something Colin and technical director Ed Slowey explain below.

Video UK Investor Show 2016 - Colin Bird of Galileo Resources

Published 472 days ago

Veteran mining CEO Colin Bird's main ship is Jubilee Platinum (JLP) but he is also leading Galileo Resources (GLR) and explains its investment case in the video below from UK Investor Show 2016

Video Interview from Gold & Bears Colin Bird of Orogen Gold

Published 601 days ago

And the final video interview from Gold & Bears is with my old pal Colin Bird of Orogen Gold (ORE). Enjoy.

Video Interview from Gold & Bears with Colin Bird of Galileo Resources

Published 604 days ago

Today's last video from Gold & Bears is with my old mate Colin Bird of Galileo Resources (GLR) where we are a shareholder, I should declare.

Video: Amanda van Dyke Commodity Panel at Gold & Bears 2015

Published 608 days ago

And now another main stage presentation from Gold & Bears with the Van Goddess, Amanda Van Dyke leading a resources panel including Chris Bailey, Willem Middlekoop,Chris Berry and the CEOs of Bacanora Minerals (BCN), Jubilee Platinum (JLP) and Asiamet (ARS). There is also a main stage stoming by myself, Tom Winnifrith, as I put the Dutch chappy in his place.

Video: Colin Bird Chairman of Galileo Resources presents at Gold & Bears - November 28 2015

Published 616 days ago

Making his second (of three) appearances at Gold & Bears is my old friend Colin Bird, here putting the case for Galileo Resources (GLR). Enjoy...

Video: Orogen Gold presents at Gold & Bears - November 28 2015

Published 618 days ago

And now it is my old pal Colin Bird who has just taken the helm at tiny Orogen Gold (ORE)presenting at Gold & Bears. Enjoy...

Orogen trumpets ‘new gold zones’

Published 627 days ago

Entrepreneurially-flavoured AIM dog Orogen Gold (ORE) is making excited noises about ‘preliminary interpretations’ of its latest drilling programme at the Mutsk gold project in Southern Armenia, which it claims suggest new gold zones and extensions to the existing zone already identified there. Chaired by colourful wheeler-dealer and shellmeister Adam Reynolds, the company, which began its AIM life as aspirant though ultimately unsuccessful gym equipment supplier MeDa Vinci but recently recruited indefatigable small mining company player Colin Bird as chief executive, indicates the drilling has revealed shallow gold-bearing intervals with enhanced grades.

Galileo Resources pins its faith on Nevada prospects

Published 742 days ago

Having newly raised £375,000 at a depressed 1.2p to pay licence fees on its gold and copper projects in the south of the US state of Nevada, AIM dog Galileo Resources (GLR) still feels unloved by the investment community. Yet the company, whose shares have fallen from more than 30p four years ago to a 12-month low of 1.25p in dire gold and copper markets , could be sitting on ‘a new Carlin Trend’, declares Colin Bird, executive chairman and 35% shareholder.

Xtract Resources - golden news makes this a speculative buy

Published 744 days ago

Depressed gold at $1,092.45c (£700) an ounce and copper at below $2.40c a lb have yet to attract hordes of bargain hunters or contrarians, but AIM-quoted Xtract Resources (XTR) is keeping up the momentum in its quest to develop gold and copper opportunities across the globe. Chaired by entrepreneurial veteran Colin Bird, of Jubilee Platinum (JLP) and Tiger Resources, and steered by chief executive officer Jan Nelson, ex-boss of Pan African Resources, the company is characteristically trumpeting the discovery of a second high-grade reef system, ‘Reef System B’, at its Chepica gold and copper mine in Chile.

Video of Colin Bird of Jubilee Platinum presenting at UK Investor Show

Published 847 days ago

Next up in the videos of presentations from UK Investor Show is Colin Bird of AIM listed Jubilee Platinum (JLP). Enjoy.

Another copper move by Xtract

Published 847 days ago

Xtract Resources (XTR), the recently volatile AIM performer chaired by entrepreneurial veteran Colin Bird (also head of out-of-favour Jubilee Platinum) and boasting disparate copper and gold interests in South Africa and Chile, has moved to add to its African projects. The company has signed heads of agreement with a local copper explorer to investigate 182,000 tonnes of surface oxide material with a copper grade of 0.54% at the Concordia project in South Africa’s Northern Cape.


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