RE: Anyone disagree with this ?18 May 2024 14:00
No, can’t disagree. Sold ADT1 after Rick Rule pumped and Sprott and probably he dumped (took massive profits). Then bought it again a couple of months ago.
Silver could 10x, in next five years, but could double quickly, ADT1 can 5x, Alien Metals could 50x.
Prefer diversification of SILG.L, as holds 25% royalty and streamer Wheaton Precious Metals WPM, and all the best Silver Producers, they can buy after hours, save me being ripped off with FX and international spreads, and save me going in on one jurisdiction. I may lose a little bit of beta for a better risk reward.
Then add a moon shot explorer like Alien Metals UFO.L, with highest grade Silver mine in tier 1 Australia, shut down after a year due of production due to a fall to $5 Silver.
2nd best Silver drill intersection globally in the last 4 years 83,000 g/tm, near surface nuggets, and the deposit source yet to be located. In an explorer that is 7 months from Cashflow on its Iron Ore tenements, and will be able to fund development with or without a JV.
Check out pictures at the bottom of the link.
https://www.alienmetals.uk/project/silver-elizabeth-hill/
Really hope ADT1 does well, know Rick Rule loves it and having been in and out of it since 2019, hope the company gets the valuation it deserves.