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Whilst I think we have come a good stride forward and my returns are very positive, I think most here will think that the two recent pieces of great news, could or should have propelled us further, but it has not happened.
I think there are some market headwinds not helping at the moment, but I just wanted to ask opinions on what do people think will be the next news that should push us further ?
Wow you are extremely difficult to impress .sp up from .1p in july to hit 3p in october .only a multiple 30 bagger .back to .15p today as warrants are being cleared.rns yesterday stating high grade quality .what is it going take to impress you .a teir 1 mine I guess
Ibrox... I didn't say i was disappointed, infact i said it is very positive so far. my average is just 0.197 .... so massively up. just obviously got a nose bleed when it hit 3p..... so we know where it can and should go..... maybe i am like a child that has just had sweets for the first time and want to know when the next sugar rush is coming!!
Whats up, nothing has changed but the markets are taking a hit. We all knew this was coming and would be like this until January and then if the experts are correct mining stocks will fly. GLA
Anywhere near yesterday's level of buys this should fly today .with excellent essay results I see 6p
Dont matter want company says if usa election finshed they start printing money like become siliver boom so will ufo. They printed 5 trillion so far compared to 2008 were it was 1.5 trillion siliver was 50 dollar. Dont worry dont be scared ufo go back to all time high of 1 pound or more. Ifo having bill plus
Please stop comparing with Arian Silver it's like comparing apples and pears! It was a different company and whilst it may have been worth £1per share it only had about 300M shares in issue so the MCAP was about £300M. If UFO is to go to £1 a share we'd need an MCAP of £3.5Bn. Don't get me wrong, who knows we may get there (and I really really hope they do 'cos I'm holding long and it would secure my family's future), but please let's be realistic and just see how we go. Let's get to 10p first maybe before we start shouting about £1.
Mibo i just dd a 1 mil shares and they would snap them up. This is going up, maybe not in a straight line but by jan we will have hit news highs. GLA
1.7 now. Encouraging.
Longer term potential to be realised still.
Think some warrants might have cleared? ;)
I sense a reversal coming...
Wait until the presidential elections are over and this can get to new highs next month fingers crossed.
How nice it would be to be able to breathe again overwater lol
Hi Hopscotch, I agree with you that £1 sounds nuts when you are just looking at the fundamentals.
But as I explained in a reply to Goingtomoonufo, when you factor in the frenzy you get during the height of a bubble anything is possible.
ie we went from a low of 25p (Dec 2008) to 535p (Dec 2010) = 21x on pure speculation and spot silver price.
We are now a completely different company with confirmed high-grade assets.
If you are a silver bug like me and Eric Sprott and believe the Gold Silver Ratio will go 15 to 1 and we continue to acquire new projects with our aggressive business model, Goingtomoonufo could be right when the frenzy ensues!
But obviously, we are a long way off.
Hi Max. Thanks for your note. You know I'm a believer in UFO and will be here for the long run. I don't disagree that it's possible in a bull run and I take on board your comments. I just think GTTM needs to cool his fervour a bit... ATB H
I think Goingtomoonufo is looking at the end-game.
I personally believe we will get hyperinflation when they print the dollar and other fiat currencies into oblivion with QE infinity.
Then only hard assets matters.
But you are right, lets focus on 10p, then look forward to our 20p party :)
Max have a watch re inflation
https://m.youtube.com/user/KitcoNews
I don't believe in the official figures. They have used hedonics.
Astounding Hyperinflation Call From John Williams, Shadowstats
https://www.youtube.com/watch?v=65k-Koh9Sng
Great support at current share price and building a solid base for next leg up,feel the pain for those that bought on the spike but hold steady as we will be back up to 3p +again hopefully soon, anyway in 6 months time we will look back and think what was all the fuss about and be glad we have invested here.Considering how much turmoil in the market at the moment i think we are doing well.Patience,patience,patience is the word.
Max - Here's a question ...
Will the people who you have filtered in a "big girl's blouse hissy fit" be invited to the 20p party ? I will be a multi millionaire then and will be able to buy you a drink. :-)
Peter you must have a large position in ufo then ??
Quite large Dutch.
Unfortunately people like max and they know it all decided that I must be a deramping troll when I told them my share holding.
Hop beleve me or not call me crazy. I not compare old company i am comparing situation ufo in much better position. Then it ever was. Plus we printed more money then ever before. Why did siliver go to 50 because of recession plus printing money. ufo is part of bull run siliver will boom like it did 2011 so will ufo. Why do rich get rich why because they look at all corners. Follow boom u have ur answer. Ufo amazing and bill is amazing too i contacted
So ill say it again. Read over old posts. Some one that has an apparent large holding has really added nothing to the board positive or factual or knowledgable . Make up your own minds but past posts speak for them selfs. Who is not positive for a share they are invested in, surely will sell and move on..... apart from posters that want the price to go down or for you to sell your shares!! GLA
You are right max we focus it true but in these time thing will boom so quickly like no other has seen just from march it was 8 pound for siliver now its 19. Just to show. Max u man i love ur focus aswell we both know were will be going.
I do hope you are right GTTM.........
Sorry Napthman but you are completely wrong. If it makes you any happier I could say things like
"We will be at 6 p by the end of the year."
" We will be at 20 p this time next year"
but I prefer my predictions to be based on facts.
If you want my views -
Back in the spring / summer (June time) I decided that Precious Metals were the place to be - particularly silver which was then definitely undervalued . The amount of money being printed worldwide by Governments and the inevitable inflation which would then result pushed me in this direction. Initially I went into funds (eg Ruffer, DM Charteris ) and made some money but they tend to be predominantly gold focused and their performance lately has not been that good. Gradually I moved into shares and as time has gone on have moved from the bigger boys (eg Fresnillo and Centamin) to junior miners.
I found UFO in July and initially bought at 0.17p. The silver connection particularly appealed. Unfortunately I panicked and sold most of those (only a 50% profit!!) but have been topping up since then. I am now sitting on a 300% plus profit in my SIPP and a 70% profit in my (tax free) ISA. I just wish I had my largest holding in my SIPP.
I have therefore seen the company rise very quickly from a Market Cap of c. £10million to (at one stage) £70 million. I now wonder how much further they can go. I have several other junior miners but none of them has done as well as UFO and UFO are by far my largest holding. The attractions of UFO are obvious but I am just nervous about how far we can go. I have never had a multi bagger like this before, have no intention of selling but do not want to see my holding disappear in a puff of smoke. I just want some justification for a higher Market Cap and sometimes on this board I find posts which give me comfort .
I read this board for many months before registering and then posting. I have been absolutely staggered by the condescending, judgemental attitude of people like you. Max is quite clearly a ramper (I hope he is successful in ramping the share price but he shouldn't be so obvious) but I am amazed how if anyone does not give unqualified support to Max and his ramping they get jumped upon by people. It definitely is not healthy to be so unquestionably bullish on any financial transaction. Owning a share is not like supporting a football team!!
I hope that I haven't gone on too long. Filter me out if you wish - I really couldn't care less if you do. I just think that it is very sad how people on this board cannot possibly read any opinion which does not tally with their own views.
Believe me or not - I don't really care.