The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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max ignore
I'm looking forward to UFO getting mentioned in The Times and Daily Mail again.
The Times referred to us as a minnow last time :)
https://twitter.com/AlienMetals/status/1356570909637771266
https://www.thisismoney.co.uk/money/investing/article-9209527/Silver-prices-jump-eight-year-highs-Reddit-traders-pile-in.html
Cheers Max very clear and precise,I hope there is a spike waiting to happen then.
Yes - we need flying saucer cars - GGP is awaken
We know there is 3-4 million ounces at lizzy hills and lots of untested areas.
Pick, I like the fact that silver has a long way up to go to reach it's 2011 peak; platinum too is only halfway up to its 2008 peak.
Gold, near it's all-time high, is not as attractive to investors as silver and platinum.
I sincerely hope you're right, Max. Been here for nearly a year, enjoyed the Autumn spike and sold out near the top, only to start buying in again at 1.3p. Averaged now at 1.1 and confident we'll see lift off in H2 '21. In fact probably before.
What's extraordinary to consider is that 1 year ago the silver price was about $15/oz, while Gold has fallen back almost to where it was. I know the UFO magic is all in boring old iron ore, so then you turn to the iron ore charts and it's even more spectacular: $86/t a year ago to $180+ today.
Yes indeed. The question is not about the stock or commodity you've put money on . . . the question is: do you need that money for a live-saving operation? If not, leave it where you've put it. If it's on Alien Metals, it's an exciting company to invest in: you've got several directions in which success can come. Give them a chance. One of their drills will hit something shiny and beautiful!!
I was looking at the price we opened and sentiment in the silver market. The 1p door will be closed at some point soon.
I'm actually surprised we are currently trading below the placing price of 1.1p when we are now so close to news.
Also our minimum bare bones downside valuation is 1.21p.
The company has been busy building a strong portfolio providing exposure to #ironore, #copper, #silver and #gold.
We have been stuck in a range, but the most valuable lesson I have learnt as an investor is that a range is an explosion waiting to happen. A breakout can be explosive, but just need a catalyst.
The catalyst will either be a big move in silver or the company updating the market resulting in a revaluation & rerate.
I'm patient and strapped in for whenever it happens which I know it definitely will.
Hi Max
Looked at your post from this morning and hope ypu are right but just a question why do you make that assumpton.
FG, I've been ready for the moon for a year. Not to mention Mars.
Roll on silver at $27.50.
@Barrett. Supposedly, $27.50 is the tipping point. Once that is breached we will truly being Going to the Moon!
"Watch this space" . . . and have patience. There's money to be made here.
Hi smiller.
This is what Bill said when someone asked him the question on the tailings:
“We are fortunate to have consulting for us a highly experienced gentlemen who has got 30+ years of processing tailings and we are in the final throes of discussing with various labs in Perth for some testing on some samples we already have from the tailings to get us to an initial understanding of extraction ability percentage methodology and therefore all of that we will then be able to put into a cost, what would the cost be to extract, and obviously from that extraction process if we are getting 80% or 70% of the sort of 400-450g material, what would the economics of it be. So we’ll keep you posted and watch this space!”
Kitco, 20 hrs ago: "Silver bulls continue to gain strength, suggesting more upside".
FX Empire 20 hrs ago: "Silver moves higher amid demand".
max , what was the comment in talk , 70-80% recovery ? Was there a mention about the deal split with owners ?
212,800 oz x ( say even 27$ oz) x 75% recovery = $4,309,200 , minus cost and split =enter guess/
Hey Nap, Silver Tailings Project 60 day Exclusivity Agreement started on 10th March. So by 10th May we should have it finalised.
16,000 tons of tailings with an ave grade of 472g/t silver (13.3 oz/t silver)
= 212,800 oz of silver!!
If silver prices are going where we believe they will go, this will bring in significant cashflow.
Hi Shouston
I had some good info yesterday and it did annoy me but also made me laugh a lot. Just thunk how happy they must have been but kinda shot them selfs in the foot now
When does the silver tailings exclusivity run out? Being lazy but my glasses are in my office
Nice to have you back Nap.
No ramp but all, take a look at BOIL.... Could be better than COPL.
I think Chris the second FFS was also upset that somebody got his post removed yesterday (wonder who requested that...)
Good luck all....
not a lot are from what i read.
2020 I'm not a fan of the CEO, fingers in lots of pies.
944T
@nap i don't respond if it gets to choppy i like the good debates,
turbo i am in bzt not sure what's going on there
i would make a suggestion lets just ignore the likes of them and get there posts lost if we dont respond
Turbo was he well must have been it then