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Big drop from this mornings rise, considering there has been no news, and buys far exceeding sells. Any idea for the reason? Falling precious metal prices?
Trying to loosen shares from sticky fingers for a buy in the background?
Could be right there, I can't believe anyone would be selling this week leading up to very likely EH confirmation
Would explain the rise to encourage sellers to take profit, and then the drop to encourage the bedwetters to bail
the whole market is getting sold off at the moment.. nothing's safe today.. except treasuries.. UFO holding up really well IMO..
Well they normally say hold for gold!! but in this case hold for the silver nuggets!!! MM taking advantage of covid-19 buying cheap shares from the bed wetters. Nothing has changed regarding the mining sites, UFO are leading the way and they are not messing about. Precious metals are in high demand especially during a reccesion .. gold / silver are a safe haven for investors
Donovan2 Copper , gold project
Gold samples 2.6g/t Au
I'm going to put my neck out and say I can see an intra day RNS popping up today or tomorrow, had a good feeling about it last time! Elizabeth Hill or maybe even something big and unexpected. SP is holding up well and I think it will only take a bit more buying pressure to push up up to 1p and beyond.
Compared to most shares today we are holding up extremely well!
Dav3, as far as I can remember, the official vote from Karratha on whether or not to sell EH will occur on the 25th, so we will not get an RNS about that before then.
On a crap day on world markets we are holding our own very well.
Stay strong and hold.
We're actually consolidating quietly when most others are struggling. Very positive
Silver getting a bit of a pasting today... i would be chuffed to close even today..
ALL the pm,s are taking a hit
dont be fooled on a red trading day
they will takes over 1m for .7238
Hold on for dear life or even add on the little pull back if you can
I see a big drop coming? Just saying..
Stretchum - Can you explain more please apart from the macro / micro economics and the ****ttt markets
I can sell 5m and they will take them, normally if its falling not a chance?
Thanks
Gold and silver down, mads sell offs in the markets but mining stocks holding up pretty well. Could this be the retrace the experts were talking about and once completed gold silver and mining stocks fly to new orbits :)
Not really a well observed statement is it... Everything's tanking.
Stretchum, then it will be a good buying opportunity.
Ive just topped up another 200,000 share and sold some oil that are actually in profit, oil will take a dive again soon and metals will fly
Agree. It will head to placing price. Then load up time. Tip for those of you who joined me at ufo early days. Try ANIC. Dyor of course :)
You have not answered the question S why?
Give me a good answer and i will sell 9m shares and buy back with you at 0.55
Thanks
Usually, but not always when a junior stock becomes sort after mms control it down to shake out those joining the party late. A good sign is when folk start posting their holdings in league tables. Always a sign to exit. Don't get me wrong I called ufo at 0.09 and respect the bod. However nothing concrete as yet so I presume down to placing. Anyway gla.
deb - You can only go by your own research
I am not trading anything
We have consolidated and churned the placings and people who wanted in are in and people who wanted out are out
We know the news coming and we knew days like today were coming
Markets smashed all over
As i said earlier if i can sell 5m shares above bid all day its a day to buy