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Didn't 'we' crash at Roswell?
Bear in mind, this placing is not like the last placing. They shares are going to Professional an a “strategic large scale institutional investor”. As Valuereble said they are not going to be hitting the market anytime soon.
Plus as I mentioned above, we are due a massive amount of positive news since we are now “well funded to aggressively drive exploration.”
On my trading account, I haven’t been able to get quotes for 2M+ shares for a couple days which is very unusual indeed.
going its just the shorters, game players, stop losses got activated, want a lower entry point, happens every time that come on **** all the holders off that know why they have invested and highlight them. Big thing coming but it will not be an easy ride mentally to watch at times
Definitely looks like its heading towards 1.1, nothing to escape Bermuda just yet.
u know max going from most hated to most listen to just show u how many silly people dont like facts. the few who know are one that will say i told you so. just like the movie The big short . with everything to go green siliver will be used alot. facts that I know are 2008 3 trillion printed compare to 7 trillion now with biden in power there will be much more borrowing stumlus packing 2 or 3 trillion could be added. not just that biden invest 2 trillion solar engry so make me think they need to borrow and print more. that already 12 trillion. FACTS
I really hope your right,but great work in keeping us feeling positive.
Pops, bear in mind that it's not the commence of drilling that affects the SP.
It is the permit and drill date RNS that will cause the SP to rocket.
When we get to the day when the drills go in, at that point it's already priced in.
The following 2 permits we should get imminently since the meeting at the Ministry was last Thursday.
1. San Celso (drill rig ready, waiting for permit).
2. Los Campos (drill rig ready, waiting for permit).
3. Donovan 2 (Capstone ready to drill, but doing IP survey whilst waiting for permit).
= Should get permit in December.
4. Hamersley (Finalising a significant maiden drilling programme).
= Bill said he has applied for permit/Programme of Work (PoW) so I expect an update in December also.
As you can see the next 4 weeks are going to be huge for UFO.
Thanks Max
Good information much appreciated
Good stuff, keep it up Max111
Hi Pashman,
Well done for asking the question about the placing :)
Since we are coming up to drill 4 projects, I can’t see the SP going any lower.
Drilling:
1. San Celso (drill rig ready, waiting for permit).
2. Los Campos (drill rig ready, waiting for permit).
3. Donovan 2 (Capstone ready to drill, but doing IP survey whilst waiting for permit).
4. Hamersley (Finalising a significant maiden drilling programme).
Also since the placing shares will be going to Professional and “a strategic large scale Institutional investor” they won’t be hitting the market any time soon.
Also I think it has something to do with UFO entering Morgan Stanley's MSCI Global Micro Cap Index on 30th November since the new shares also become effective on 30th November.
Nap said maybe Sprott? Lets wait and see.
I have similar notes he also he mentioned the funds will accelerate elizabeth hill which for me will be a monster. The fact bill also mentioned that he is looking for new projects to strengthen the asset base is always good and hamersley finalising access routes so to me that is saying when they get permits not if. I was lucky enough to get a question off to bill,which I didn’t think I would get and obviously he knows the feeling within the private investors and looking at the volume my feelings are not alone, I feel this will be a quiet 2-3 weeks and maybe nothing until near Xmas. I do have faith in bill and the team but personally this could hit 1.1 area again so I will be holding off for any top up.this is when the buying will start again and hopefully then nothing to halt the momentum, again certainly not de-ramping as am still very positive for alien but just not this year. Gla
Other things Bill said today:
Covid has hampered work.
Now going from strength to strength.
Well funded to aggressively drive exploration.
Reviewing new projects.
Hamersley:
Finalising a significant maiden drilling programme. Started discussions with the local drilling companies.
Capstone:
Capstone are doing the IP and early results are complementary for Alien’s previous work. Finalising drill permits.
Mexico silver:
Working to secure drill permits.
Planning to increase drilling programmes.
Elizabeth Hill:
Trenching programme.
The soil results from the 117km2 extension of EH added 1-2 new targets.
Bill said he will definitely do a webinar to go into further details, I think early next week.
Bill said regarding placement:
“Funding has given a great boost and capacity to add projects.
One strategic large scale institutional investor wanted to get in asap. Strategically it was the right thing to do. Gives opportunity to everyone to develop and grow.
We can drill 1 more meter and dig anther trench. Doesn’t want to cut corners. Proper drilling and do metallurgy.
Now have funds to advance rapidly for all our projects.
We are in an incredibly strong position. Wants everyone including all the smaller individual investors to benefit from the placing.”