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2 million share buyer at .015! Nice to see. Hit the ASK!
Wow....I just noticed that today's NEWS specifically references the targeting of the CRD! I missed that the first time.
https://www.tarkuresources.com/en/news-releases/tarkus-year-in-review-and-2022-exploration-and-development-plans/
Summary:
High-definition geophysical survey over Silver Strike Project;
+5,000-meter drill program at Silver Strike Project.
Targeting carbonate replacement deposits
As we suspected, the CRD is what they must be going after! This could easily turn out to be much bigger than folks realize right now.
https://www.tarkuresources.com/en/news-releases/tarkus-year-in-review-and-2022-exploration-and-development-plans/
Silver Strike...
"...assay results up to 1,000% higher than Regular Samples suggests underestimated assay results"
"...the Carbonate Replacement Deposit (CRD) model could be more extensively spread over the Silver Strike
property than originally expected and that the limits have not yet been found."
"...This model is similar to what is found at the Hermosa Project, located 80km west in Santa Cruz County, Arizona which South32 acquired for USD 1.8 billion in 2018."
Nobody has called sellers Shorts. LOL
Stick to your circle jerk concept.
Or even more simply put - what I said...
The daily short volume data that we get from FINRA, reflects the short positions OPENED for the day. It will not reflect any of those short positions CLOSED in the same day.
Good Morning Chris Lotito - Nice to finally hear from you!
https://marketwirenews.com/news-releases/exla-resources-5-000-meter-drill-program-planned-at--4745530285119362.html?t=319680
http://bluehorseshoestocks.com/tag/exla/
It is good news. It all depends why the shorting occurred. Was there bad news? NO. Many times it's a tool used to suppress a possible breakout. You must admit, that some entity has been trying very hard to keep this down. If you're a L2 watcher on this over the past months, I am sure you will agree.
It is exactly what I described it is. Links provided as well. I'm not making it up. LOL
https://www.finra.org/finra-data/browse-catalog/short-sale-volume-data/daily-short-sale-volume-files
Go ahead and ignore the facts. I don't care. FINRA is giving you the data. And so far there hasn't been any dilution! Have some Longs been taken out? Of course. We have seen a buyer taking out weak hands over the past few days.
Were 4,000,000 shares shorted yesterday? FACT! YES!
FINRA data showing the 4 million EXLA shares shorted yesterday:
https://cdn.finra.org/equity/regsho/daily/FORFshvol20220203.txt
Now the question is, how many of those 4,000,000 shorted shares covered yesterday. It's not complicated. if they didn't, then 4,000,000 shares will still need to be bought. THAT IS A FACT!
zap, that is why I thought it may have been a late print from when I saw the 750K flash on the bid. Or maybe a short covering, but then we had a few more nice big hits!! Best day for EXLA in the past 6 months IMO. Love seeing the big hits on the ask! Tells me something big is coming! Hopefully we get some follow through today. Suspect news soon.
CHECK THIS OUT!! Over 4 million shares in EXLA Short Sales volume yesterday…
That may explain why we are not sitting at .03’s! Let me explain EXACTLY what this number is, as some try to confuse it.
The important point to understand about the daily short volume data that we get from FINRA, (see link below) is that it only reflects the short positions OPENED for the day. It will not reflect any of those short positions CLOSED in the same day! So EXLA did indeed have over 4 MILLION Shares Shorted yesterday and if most of those Short positions are still open, that would explain why we did not go MUCH, MUCH, HIGHER on the day! It’s another tactic used to stall a run. Then claim dilution, claim Insider selling, create doubt (sort of like the post I’m replying to LOL). Don’t fall for it. You can check the Share Structure each day and see that it has not changed.
https://www.otcmarkets.com/stock/EXLA/security
I am hoping whoever shorted EXLA to the tune of 4 million shares still has it open! The Short position will need to be closed (covered) when we go higher, or they will lose big money! 4 million shares will need to be bought to close that position. THAT IS WHY YOU NEVER WANT TO SELL INTO THE BID! THAT IS JUST LETTING THE SHORT (who is betting against you) WIN! Shorts only make money if the price goes down. 4 million buys against the ASK will do wonders to the EXLA share price!
CHECK the TAPE! FINRA data showing the 4 million EXLA shares shorted yesterday:
https://cdn.finra.org/equity/regsho/daily/FORFshvol20220203.txt
https://www.finra.org/sites/default/files/2021-07/DailyShortSaleVolumeFileLayout.pdf
Difference between Short Interest and Short Sales Volume:
https://www.investorvillage.com/smbd.asp?mb=18338&mn=3881&pt=msg&mid=18271517
https://www.finra.org/investors/insights/short-interest
Buckle up boys and girls!
That has to be a late print!
DANG! 1 MILLION share buy! Geeez
FAGI has a MC almost < 1 $Mil! Float < 50 Mil. And it's Current! Just saying.
Same thought. MM's moving all over L2 on this one. I just need to turn my computer off! LOL Love the volume today!
Really thin now - great time to drop a bomb PR.
Welcome to the OTC. They want your shares (as cheap as possible) IMO and wanted you to sell as it was going back down. This is going over .05 IMO real soon.
Really thin and weak hands gone.
Nothing to see here. :)
Buyer bought everything up over .02 a couple days back. Today, buyer grabbed everything up to .0175. Somebody accumulating. Very thin now. Weak sellers getting taken out.
Nice to have no sellers when she does run! Buyer knows it.
there was 750K bid at .015 there for a bit. IMO those that just got shook are going to regret it. Don't look back. Really thin now.
Agree! Hold on to them!
Really thinned out!
Yep - really fast. Recent buyer been taking out all weak hands as he knows where this is going.
Finally some action at the ASK. Good to see. Now let's at least get back to .03 for starters! I hope the next project update blows this up!
Update out from EXLA Resources...
Our JV partners @TarkuResources has announced its exploration plans for the #Silver Strike Project, where we have acquired a 25%-interest.
— EXLA Resources (@exla_resources) February 3, 2022
+5,000m drill programhttps://t.co/l55EE3arnj#mining #Arizona #EXLA $EXLA #metals #exploration #TKU $TKU.V #gold #invetsing #stocks
Based on their description, it could be either. If they "prove it up" and can sell for a massive profit, they will I suspect.
BTW....The Arizona project page is now updated on the website. It's the best page so far!
Target Mineralisation – Silver-Lead-Zinc Carbonate Replacement Deposits (CRD wink)
Tombstone Mining District
The Tombstone Mining District, one of the earliest silver mining areas in the western United States with historic operations dating back to the time of initial discovery back in 1877. During a mining boom that lasted 38 years over 32 million ounces of silver at an average grade of 26 oz/t Ag (812.5 g/t) were extracted from the region. During this period miners focused on mining the shallow and higher-grade portions of the orebodies and, as a result of declining silver prices and difficult economic conditions, combined with the limited technical capacity for pumping water out of the workings at the time, around ninety-five percent of the production from the area was from the surface to a depth of 200 m.
Geology
Carbonate replacement deposits (CRD) in the area are largely associated with limestones and limey siltstones of the Bisbee Group. The Bisbee Group is interpreted to be present in the Tombstone area at relatively shallow depths (<400 metres) based on surface mapping. Elsewhere in Arizona Bisbee Group host significant mines, such as those at Bisbee (2.8 Moz Au, 102 Moz Ag and 7.8 billion lbs Cu), Christmas (0.36 billion lbs Cu), Magma (0.7 Moz Au, 34.5Moz Ag and 2.5 billion lbs Cu) and Taylor (344Moz Ag, 5.3mt Zn and 5.7mt Pb).
Previous Exploration
Tarku’s first drill program on the Silver Strike project was completed in May 2021. The 2,719 meters program defined high-grade mineralisation in proximity to the Lucky Cuss historic mine and demonstrated the strong regional potential with high-grade silver results also returned from 4km along strike at the historic Ground Hog mine. Results from the initial drill program include:
o 720 g/t silver, 6.44 g/t gold, 0.64% copper and 10.13% lead-zinc combined or 1,515 g/t silver equivalent (AgEq) over 1.5 m at 7.6 meters in hole SS21-007 (Lucky Cuss),
o 203 g/t silver, 0.31 g/t gold, 0.19% copper and 0.64% lead-zinc combined or 264 g/t silver equivalent (AgEq) over 1.5 m at 74.7 meters in hole SS21-007 (Lucky Cuss),
o 204 g/t silver, 0.38 g/t gold and 1.19% lead-zinc combined or 262 g/t silver equivalent (AgEq) over 1.5 m at 74.7 meters in hole SS21-012 (Ground Hog)
You didn't find any because it was fantastic news. Think about it, EXLA now owns 25% interest in the Silver Strike project with proven history and a huge CRD potential, for basically restricted shares of a company just that is just starting out. Now EXLA has it's first asset and projects 2 & 3 are coming on board at anytime. And so far NO dilution!
Silver Strike...
"...assay results up to 1,000% higher than Regular Samples suggests underestimated assay results"
"...the Carbonate Replacement Deposit (CRD) model could be more extensively spread over the Silver Strike
property than originally expected and that the limits have not yet been found."
"...This model is similar to what is found at the Hermosa Project, located 80km west in Santa Cruz County, Arizona which South32 acquired for USD 1.8 billion in 2018."
Besides the website and IR firm, what not to like?! LOL
They must know or see something here or they would not have done that. Sellers past few days were they one's looking for the spike after the news.
Great SS and more to come. Big green volume day coming - wait for it.
Been like that for months - yep frustrating. These guys have a lot more in their war chest. We will get our big Green volume days.
Agree there - will make for a stronger run.
It could be that we lost a Long as well. Most in the OTC want to make a million over night. Since we didn't get a spike on the first project PR, they moved on. With such a small float, the swings move both ways pretty fast!
Again, I will take a look at the FINRA logs and keep an eye on those restricted shares.
Looks that way - common tactic. We need volume to stop the nonsense!
I will confirm later on FINRA.
Interesting Tweet just now by EXLA Resources. Nice to see them becoming active.
https://twitter.com/exla_resources
Now that you've been proven wrong every single time for months, I was wondering where you would take your next clown posts. And there it is - Now the news "aint" good enough. Truly pathetic dude.
Website – WRONG! Web Site Phase 1 released
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166639695
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166462797
NVSOS Default Status – WRONG! They redomiciled to Colorado and in good standing
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166588468
Not Going Current – WRONG! Last I looked, they are current with filings.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165719956
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165814996
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165793646
No News – WRONG! They have had 2 PR’s and we received the 1st project update!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167707069
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167486973
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167353911
And Finally – WRONG! LOL
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167368261
Easy 2X for that lucky buyer. Geeez
It does appear we got a short of 410K shares yesterday. Just enough to stop momentum...
https://cdn.finra.org/equity/regsho/daily/FORFshvol20220201.txt
<CTRL-F> EXLA
Great read about Silver Strike Project...
The CRD comments again make me think this was the main reason for the purchase. Huge potential!
Specifically:
"...assay results up to 1,000% higher than Regular Samples suggests underestimated assay results"
"...the Carbonate Replacement Deposit (CRD) model could be more extensively spread over the Silver Strike
property than originally expected and that the limits have not yet been found."
"...This model is similar to what is found at the Hermosa Project, located 80km west in Santa Cruz County, Arizona which South32 acquired for USD 1.8 billion in 2018."
The news was a great and EXLA just getting started. Yes that said 1.8 BILION. I suspect the EXLA team assembled have a good idea about this property.
See pages 2-5
https://www.otcmarkets.com/otcapi/company/financial-report/318295/content
You're so predictable it's laughable. You've been screaming BS for two years and now that you've been proven wrong once again, you come up with more BS.
You're sad and pathetic dude.
No worries LOL. I think the reason they got it so cheap, is that fact that they (Mansfield Martin shareholders) will also become EXLA shareholders and part owners of the next 2 projects! So in cutting this deal, I am sure they had to indicate what the next two projects were! That means they are all a done deal.
Kind of like building a Trinity here.
That's another great thing about this PR....the initial test results have already been completed or pending!
https://www.tarkuresources.com/en/news-releases/tarku-reports-high-grade-drilling-results-of-up-to-1515-g-t-ag-equivalent-over-1-5-m-at-silver-strike-in-arizona/