Member Info for Barrett

A precious metal bull run would support the UFO share price til we hear of Hanc0ck progress. I'm not expecting it, but wouldn't it be good timing? C'mon gold, lead the pack.

That was a horrible price drop yesterday. Anything that draws attention to miners is useful to UFO right now: precious metals in the blue and silver pushing at the $25/oz mark is a bit of good news.

Righty ho, thanks.

Hexam cheers for explaining it, that's really helpful. Thank you.

It seems to me the US is more inclined to invest than the UK, so even if the London Stock Exchange doesn't pull investors to Argo, Nasdaq will.

Sorry I can't remember how the Argo share price on the London Stock Exchange and Nasdaq work together. Could someone remind me? Do they even up overnight? So eg if ARBK finishes 5% up today, ARB will rise 5% on opening tomorrow, and vice versa?

Just noticed that precious metals are doing pretty well tonight: silver up 3%, platinum 3%.

Strange because I believe an interest rate rise is due from the Fed on 25th July which tends to drag everything down . . . perhaps everyone is sick and tired of towing the US line, and now time for a more global approach.

Go PMs, go UFO.

Nasdaq closing at 9 pm UK time I believe (check).

Anyone with access who has a bit spare to put somewhere, pick a bitcoin miner. They are all caning it.

Thanks Chopsing, looks like the ceiling of $31,700 just collapsed. Nice.

I lost the lot a few years ago, not only on Bitcoin but it took a fair chunk. Respect to those who are making a small bit back now. And more respect to those who've walked away. Life's a bit**

Onwards and upwards Argonauts. Who knows where we'll be in 24 hours.

Could anyone tell me what the current high point is for Bitcoin to break? Something like $31,500?

And everyone watch out for the Fed Reserve meeting on the 25th July. Tends to send everything down when an interest rate rise is expected.

Bitty bitty bit

You're hot and fruity

Hey Bitty Bitty Bit

Bring home the booty

I've cancelled the fill or kill purchase order I placed yesterday evening, scared of getting stuck on a spike. Apologies to sensible holders for my reckless post. Good luck to all and to Argo.

I've placed a fill or kill purchase order for the morning, first time in several years.

It would be brill if things are truly moving fast at last, but if not I'm glad of the excitement after a long stretch of Zzzzzz.

Metals looking to finish better than they started: silver up 1.5% now.

Seems strange to think of banks borrowing naphthman, I'm very naive, but of course they do, and get into trouble .

I agree with 'toxic' and 'boot', normbeef. Got to think of the ordinary people looking at food prices with horror. I feel lucky to be able to pick a company and have a bit of spare to put on it.

Pretty grim reading this morning that a few more interest rate rises are expected in the US this year: it puts a drag on nearly everything (except banking). Even so, UFO is in the blue, suggesting maybe iron ore will buck the depressed trend this year.

You make a good point which I hadn't thought of near the end of your post HH, that sensible traders don't collect the height of a spike: they happily collect profit on the way up. So catching the top point (around 3p for UFO in 2020) is a matter of luck, not skill. The other hard lesson I've learnt is that there's no need to take profit all at once: a slice here and there gives you money to spend but also the satisfaction of being connected to a growing company.

I was going to point out to 1 poster Nicubias that it's normal for top dogs to do as they please (governments in particular), but I like the facts in Max's reply so much better.

You're always right on it Max. This board is lucky to have you.

Go UFO.

Looking at the share price right now, it seems crazy to put a $1m into it. Clearly the people with money are not looking at the share price, they're looking at the iron ore. Me too.

Thanks Deanok, I didn't know there was a time limit to publishing results.

Livestock, I quit UFO in 2020 in a huff because I failed to collect the spike. I've moved around investing in this small company and that, wasting time and money, and I haven't seen anything as promising as this company. That's why I'm back.

I'm gonna get to my day job rather than continue a slanging match. But we're all after the same thing here, all on the same side.