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Extract Resources Limited T.EXT



TSX:EXT - Post by User

Comment by unclebarryon Mar 24, 2008 9:39pm
205 Views
Post# 14766364

RE: Who knows What

RE: Who knows WhatGood morning EXT'ers.
And so the plot thickens.

The questions must be asked.
1 Why
2 Who knows what.
3 What is the next move in the big game.

Lets take a look at the facts and make a guess or two.


Niger Uranium has just taken a a 18% stake in Kalahari,
https://www.niger-uranium.com/index.php?option=com_content&task=view&id=12&Itemid=27

https://www.kalahari-minerals.com/


And Kalahari controls a 36% stake in EXTRACT, approx.,
https://www.extractresources.com/CompanyOverview/CompanyDirectorsandManagement/tabid/610/Default.aspx

Some questions
4 Is there any connection between these Companys?
5 Why would Niger be interested in a share of KAH -
6 Is there something someone from Niger knows, that would suggest to them a large stake in KAH is a positive investment ?

1, Why.
Why did NIGER take a 18% stake in KAH, approx
https://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=EXT&companyName=&principalActivity=&industryGroup=NO#headlines

A guess, it is almost impossible to buy on market a large stake in EXTRACT directly on the open market as the number of shares available for sale/trade is/are extremely low on a daily basis.
Therefore a side door entry would be the quickest and the cheapest entry possible.

2 Who knows what.
The facts are,
The giant French U Comapny Areva bought out Nigers interest in Namibia for roughly $2.5Billion-
that a joins Australia's WME in Namibia.
https://www.wametals.com.au/index.php?section=1
Niger must be well funded now !
Ian Stalker is the Executive Deputy Chairman & Chief Executive Officer of Niger.
Ian Stalker also worked within Australia, EXTRACT's home base.
"Mr. Stalker worked as a consultant on various projects located in Africa,
including the Langer Heinrich uranium project in Namibia."

A guess,
Mr Stalker would have a knowledge of the land/geo details of EXTRACT's lease.
Mr Stalker may have a greater knowledge of this lease, EXTRACT's, than 99.9% of people outside EXTRACT.
Mr Stalker would know and understand how hard it would be to obtain a large holding in EXTRACT.

3 the big game.
A pure guess/s.
A take-over, the easiest way possible without alerting too many other player, both minor and or major which could or may increase the current share price of EXTRACT.
OR
To gain, in dollar terms from a possible take over of EXTRACT, by obtaining a cheap entry to EXTRACT, via KAH.
OR
Mr Stalker would or could have knowledge about Areva next 'buy'.


4 Is there any connection between these Companys?
A guess.
The knowledge and understanding about the HL mine of PDN, because Mr Stalker worked on this project.
The detailed knowldge of the geo layout and methods of extraction of ore of the general area in Namibia.

5 Why would Niger be interested in a share of KAH
As a side door entry to EXTRACT and the possible rise in EXTRACT's share price due to both the general Husab and now Rossing Soth discovery.
It is noticalbe that Niger has only make their move AFTER the discovery of the potential monster called Rossing South, RS

6 Is there something someone from Niger knows, that would suggest to them a large stake in KAH is a positive investment

A guess only
Mr Stalker and the Board of Niger U MUST KNOW the details of RS and UNDERSTAND its potential,
because of their local experience (near to EXTRACT's RS lease)

Kind regards,
UB
PLEASE you must do your own research as it is your money, the above suggests and or implys nothing to no one alive or dead.

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