RE: Sells1 Jul 2021 23:43
Respect to Turbo for his openness.
And I only had a small amount at 0.2p to start, and did feel the urge to sell up 2-3p, but at these levels, no more.
Everyone's decisions are their own, and theirs to bare.
I in fact have been averaging down once we hit 1.3p in a somewhat "heavy" way. Max may have made a pseudonym for me in fact...
I have read things slightly differently. The only thing I am missing currently is investor sentiment change with UFO, which I feel is eventually going to shift; the catalyst - the WSS, meme stock crowd.
Currently there is mass commodity manipulation by the central banks and their affiliates.
Commodities like silver are yet to reach their dizzy heights, due to the mass of paper derivatives in circulation.
China has no means to obtain physical DSO, apart from AUS for the next 2 years at least, Brazil is too unstable.
This is going to break... UFO have a chance to JV during this commodities cycle in iron and silver, and have a remarkable SP under conservative broker notes that are now out of date.
JORC is the catalyst in many companies to jump the multiples and I see selling impossible for me at this stage, without further news to change my opinion.
I just have been a sucker for Bill, what can I say. He won me over like Peter Wall for Argo with his no nonsense, direct approach, and fundamental asset accretion to boot. I am yet to be misled. Am waiting for the bitter pill to swallow, although I know dilution is on the way at some point this year.
The rise yet to witness in silver is too hard to ignore. I have my crypto holdings, ISA (KR1 and ARB) still, but this is where I feel the long-term (physical) prospects now lie. I will likely sell them first instead of UFO in earnest.
I've been fortunate in crypto to date, enough to have shifted enough to amount a somewhat sizeable stack here. Not quite free to divulge numbers in entirety, but has allowed me to average down heavily from 1.3p to not quite TR-1 levels.
Call me foolish, I am happy with my stake, and any share that saw a rise from 0.8-3p in weeks warrants anyone's watchlist at the very least. The difference being, that I am yet to find any detrimental fundamentals here. Although I appreciate my risk tolerance is high. Just people's time horizons differ to mine. Think quarter and years, not days and weeks.
Don't get me wrong, the world is a very different place in 2021 to 2020 and I wish everyone health, happiness and wealth, in the words of others who have helped guide me on these BBs.
GLA Aliens.
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