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Dickie I am holding I have over a million shares @.67 which compared to some other very lucky investors is a small amount, so I am holding till 25-30p then I may consider top slicing, I like to take risk and my mind is set on the end goal. The longer I stay invested the better, its like having more shares in the end I could have say 5 mill now and sell @5p so 25p plus will have the same effect on my shares ?
Hopefully the bulk of early profit taking was done. Such a m massive rise in short time must hsve been tempting for nany that couldn't believe their luck. The really shrewd and risk takers are holding for the BIG BUCKS. IT'S COMING and just as quickly.
Saint. From what I have read so far from the conversations below. My opinion is 55k invested means you are not a rookie, I hope. If not, then you know the game well. If I was you I would reduce exposure take some profit and leave the rest in. Remember never fall in love with the share. Your darling is profit. Money and greed is never enough for us humans. Be wise. Good night all.
Yes thanks Napthman. I am fully aware.
No need for sarcasm.
Saint its based on their individual way of weighingup
The risk and reward and potential. Jeeze do you know how a business works?
https://www.valuewalk.com/wp-content/uploads/2015/06/Valuation_of_Metals_and_Mining_Companies.pdf
Good luck.
Very true Phil. I agree. But if you read a bulletin board and read people's opinions it is nice to know if that opinion is based on fact and calculation or whether it is just wishful thinking.
p - spot on
Well Saint, one things for sure, you don't listen to individuals on a bb, you have an exit strategy and although it may alter slightly you stick to it as beat as possible and walk away happy...
saint - pleased we are aligned
I agree tkia.
GL
Saint have a read of greatland golds journey, then you may get an idea how this works. They are estimates as we are at the very beginning, then do some more research on ufo and understand where we are at. Then do alot of research on precious metals and the current covid and printing of money, then just then you may understand what you have tripped up on. GLA
Thanks Hopscotch.
I agree Phil... but when your first purchase is at 0.17 pence (regretfully some has been top sliced far too early) and the price then increases more than 15 fold , you do tend to ask how far this can go.
Saint, as i said before we just dont know where it will go, we all hope for great riches but nobody really knows
Be careful with your investment and understand your own personal circumstances and appetite to risk and reward
I see too many people appear on here taking cheap shots
If you have researched then thats good and and all i can say is you just need to go by your own opinion
Personally i held 12m , sold my stake at 2.5p and will let the rest run free and what will be will be
I jut wish you well and dont believe everything you hear on here for your own safety
Genuine people i like lots chancers i cant stand
I think you are genuine so good luck, lets not fall out over 11m shares lol
StPeter,
As others have said, nobody can advise you on what the sp will be or what to do. But my opinion (for what it's worth) is that you can only look at the potential resources and make some assumptions on to what extent they will be realised. To that end given its estimated that we could have circa 270Mt of iron ore (and some have suggested it could be more) and given that we own 51% but are looking to purchase the remainder of the licence, and that from memory it equates to several $B in value (in the ground), that alone should give you some confidence that this ship has some serious wind in its sails. If you then add in the D2 JV and the huge silver opportunities in Mexico and Oz and the fact that we are gearing up for a metal bull run then to my mind a £B m/c is more than possible. Nothing in life is certain, but this is a great place to be. Ultimately though, only you can decide to what extent you value the company
We are in a resource bull market anything can happen but 1 billion is a bit of a stretch unless we find a blockbuster. That is possible!
Your due diligence should be carried before you invest, not after.....
Yet again tkia ...
I have these shares. My first purchase was back in July. I have done my research. I like this share. I believe this share can go further than 3p which is why I didn't sell. But how far can it go ??
I read this BB and see references to 7p. To 35p. Yesterday £1.20 was mentioned. Are these estimates based on careful consideration or this based on knowledge ? I can pluck a figure out of the air as easily as anyone else but would like them to be realistic. That is all that I am asking.
You have certainly implied that I am a deramper and for that you have gone down a lot in my estimation.
Saint, i have never accused you of being a deramper
i am just staggered you have invested 55k and only now have asked the question when you could have sold out x 6 of your stake at 3p
Honest answer is we dont know but you do come across as a bit difficult to believe
If you do have 11m share then good luck to you
I cant give you advice and i am well researched in here
Thanks tkia.
I have done my research and that is why I have invested. I like this share. I am heavily invested in it. My question is how far can this share realistically go?
FFS. If I come on this board and ask a genuine question yet you accuse of being a deramper intent on undermining the share price then I doubt the rigour of your thought processes.
fooooking hell this place is full of them
we must be on to a sure thing team
i have no words
Saint Peter, you can't really blame Max.
It's a lot of shares to hold here by accident.
Surely you did your research...
Perhaps a better question, would be to simply ask for peoples opinion on the true potential of UFO...
Saintpeter o dear o dear, if you have 12 million shares in a junior mining company then do you know how this goes? Ggp touched 1 billion recently and they have no turnover. Assets