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An interesting debate, though don't condone the personal attacks.
I lost 45% on UFO and it stung, my fault for buying on some hype and timing it wrong. I am still watching it with interest and might well jump back in when I see a better risk reward balance.
There are too many opportunities elsewhere to not assess your positions regularly. I only lost the 45% when I crystallised the loss by selling - true but I made my loss x2 in a couple of days on BLNK.
Lessons learned, ignore posters who only post postive points and ignore risk (UFO is an AIM miner and they are all higher risk).
Ignore posters who think QE, weak dollar, US stimulus have any effect on tiny MC miners (it impacts BHP, GLEN and Shell).
UFO and the rest are about what they have in the ground, how easy it is to get out, and how well the BOD run it, finance it and JV/sell it on. Add in a sprinkling of random geo-politivcal /corruption risk.
Disruptor, Kitall , Stev , Max and the team
Do note there were previous warnings by shareholders on this .
Hope the Tweet just gone is noticed by the Ufo bod and if they care
expect a justified reply.
Problem is MK, is that for a lot of people, like me, Steve, TKIA, Turbo, Shous etc etc; this will be difficult to regain back in words.
Speaking for myself here, they will need to do this with results now. Better JV, better terms, no more delays.
They have no excuses now. Cards on the table, this is now a commercial share for me. I invest. I want value returning.
I don't want words, I want results.
Exactly. Patience is required.
I have been here now for 18 months. There were times I thought about jumping but I'm glad I didn't. Since Bill Brodie joined this company has been transformed.
Also, Brodie always follows up with an interview, so have some patience all will be updated soon enough
He did mention in the last interview or the one before that that they would do a placing if it got support to move things forward. The exact wordsi can't remember but this is such a positive move not sure why dome dont like it. Its going to speed up shoring up and getting further JV's and increasing sp to new highs in the long run and speed up getting to them win win all round
If you look back in time. The past 2 or 3 placings have occurred in this mannor. I'm not sure that Bill actually said that they were not going to raise. He may have said they were fully funded which is / was true.
If you look into the past timings they have always raised into strength, and I know there are many here in at well over today's price but as stated we are over 100 percent higher than the previous raise.
There might also be some pressure on UFO to get on with it from the major shareholders which may have prompted this.
Either way I am happy with this raise. I think it's prudent and will put ufo in a stronger position when it comes to negotiations. As we are not strapped for cash, also we can really speed up the work on all fronts.
2021 should be a cracking year for alien.
I think big news is brewing.
At the last placing we had the JV with Capstone Mining RNS 5 days after the placing was announced.
Stev, Diruptor , Kitall , turbo, Max
Well said that the trust in the co is fractured. It is clear we have no issues with Placing but how it was done despite all we know.
How should we get an answer from Bill / BOD on this??
Dont know if we can place this question on AGM but i doubt TP will allow this with their motives
@Disruptor1664 indeed, I wrote the below 3 days ago. The trust issue is what gets me, if I can't trust what is coming out of the company, I can't invest.
"I would honestly not be too sad if there was a placing, not that there is going to be one, as Bill has said several times how Alien is fully funded. Let's say worst case scenario, my shares are diluted by 5%. This share can do 5% in a day without running a sweat. End result would be a better funded company that would be in an even better place to increase my wealth."
I believe their motive is as they said in the RNS:
Which will result in => fast-tracking RNSs!
Max, this has never been about the placing.
But the trust in the board and the true motives.
This is upto them now to heal the fracture. I certainly will not forget it. But let's see what they have to say first.
As painful as placings are, everyone will forget it when the big news arrives, in the same way people forgot about our placing at 0.55p.
I can't fault Bill. As he said before, he is really eager to really drill out one of our projects. This is to the benefit of the company and shareholders. Think of the long-term benefit of the percentage increase we will get from the JVs.
Yeah got some In bzt and gwmo but mostly ufo.
Last from me as well on the subject. I like to play detective with the stocks I hold, I like to gather information and derive outcomes.
If I can't trust the information that I am getting, then I can't trust the derived outcomes. The risk profile for this has therefore shot way up for me. I need to figure out now whether that is intolerable for me in the long term.
I am entrusting Bill with a lot of money, if I can't trust him, then he isn't going to have my money. Simple as that.
Smiler u also have share in gwmo?
Am some points am worried but they just done raising so not to worryed to be honest i think they in good position same as ramlber they producing copper its 100 percent owned. They are 0.25 at moment. Give it time when usa print the stimulus then it will all boom just how bitcoin is rising . Gwmo is like ufo in some way when everything move it will move. Long term am saying not now
goingtomoon, I am more worried about GMWO than UFO that's for sure. Do you really think they will be getting any gold by the end of year like they said they could. Its very quiet.
Want people dont see to understand is patient blame someone else for your mistake you one to press the finger on buy. I still believe ufo go back to were it once was. Ufo has so much money in bank this is great opportunity for them. Bitcoin is 14000 so will ufo but patients as i keep staying. Everyone has motivation mine is staying ufo all way same as ramlber gwmo lnd
Yes this is point that hurts the most.
While the TP benefactors get to sell at great profit, we the PIs, (who incidentally are the biggest holders) have to wait further and longer for price progression due to all of the selling that has gone on, and will continue until TP have made some flesh.
One point from last Thursday that still bugs me is the FAR EAST Investor that took a 17% holding then did not appear the next month. The company did not announce the arrival or or departure of a 17% shareholding.
This is looking murkier and murkier!!!
No-one has been “corrected”.
The 12th Nov RNS statement “The Company remains well funded to carry out its exploration activities with GBP 2m (2.55m USD) in funds as of 31 Oct 2020.” clearly supersedes earlier statements. Especially those made informally.
It would have been better if the company had chosen to remain silent on the matter of funding in the RNS.
BBG is an inexperienced CEO. He’s been legged-over here by Turner Pope bearing the gift horse of an extra couple of million for UFO’s war-chest. Theirs isn’t the reputation that is damaged. They walk away with their fees and some free fish for their honking clients to flip.
I hope BBG learns from this experience.
Completely agree to keeping it honest, if you're a trader or and investor its fine either way, nothing against it, and if i had enough time to trade i would but for me its not possible therefore its simpler to invest and just wait, it also takes away the stress of any short term drops in price. Nice work for timing it right though and agree its wrong to create new accounts to essentially steal from peoples pockets.
Happy to read all opinions and make my own decisions, and when i feel like i have some good additional info to add i will. i just didnt enjoy reading all the name calling and pointing fingers when we are all here for the same reason, and thats to make money one way or another. Lets work together and use the BB for everyones gains and we can all be happy when it rolls in.
PS in not a ramper or de-ramper. Here for the facts, as people kindly bring the research to the board. I did have an old account i used but for some reason i cant login to it.
Keep up the good work all.
This is the Twitter video I posted before which explains how they operate:
Lets stick to facts.
The de-rampers can't say anything bad about the company or it's 5 high-grade projects (x3 in current JV discussions, x2 being marketed by IBK Capital).
Then they try to run down the CEO with libellous allegations saying that he is dishonest and that he never warned of a placement.
Then I correct them with the following:
Bill he told us on 14/10/20:
“If investors say yes lets put another couple million in the pot to really drill out one of the Iron Ore projects or Elizabeth Hill or wherever it might be.”
5:55 - https://www.youtube.com/watch?v=cGTGRKNnamE
Then the de-rampers get upset with me and dedicate a thread to me.
Stick to business!