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Yes there is background confidence here. Remembering the excitement of the 2020 spike, that was BEFORE any hint of mining. I"m sure it's the prospect of ore in trucks that's keeping the faith here, plus what can happen to the share price when the wind is right!
I'm with you goodlife, the management is the pull with this company: "shrewd and ambitious", with deep connections in the right countries, plus a high-quality law firm. All pressing ahead in a brand-new financial industry.
GLA.
I like your long-term strategy HH, and it's great for the management to have investors put in and stay around long-term.
I don't think it has to be a choice between long or short-term investment: how about collecting some profit if we're lucky enough to see a high share-price soon, but leaving the bulk for years to come?
GLA, go UFO.
Thanks moomins, the name "stablecoin" is inviting by itself to the uninformed, especially those who lost on the Bitcoin snakes and ladders.
Well done for making a buck splatted, that's what we're all here for.
Thanks moomins. So the facts don't support GST rising when Bitcoin rises.
(I should just add: there are a lot of small amateur investors, like me, with very little tech knowledge & very little business knowledge, jumping on in whatever direction is roughly right on the day. Doesn't sound helpful but their small sums add up.)
Cheeers as usual Max for highlighting the reason I'm with UFO: "multiple income streams, across mutliple commodities." Iron ore to back up the silver mining, silver to back up the iron ore mining; platinum group metals sitting there if and when the company makes enough profit to get at them: it takes some of the pressure off.
Thinking of your lovely horse gotomoon: hope it's doing well?
Go UFO.
I lost money on a Bitcoin company, I know a lot of people who did. If all the investors who won't try Bitcoin again choose to invest in stablecoin companies instead . . . well that's an impressive influx of cash.
Waiting is hard. I've been hoping for news of action in Q3 this year: it's only a few weeks away.
I believe some of the UFO management is connected to Anglo? If the two companies are confident of the joint venture, I hope they remember that shareholders can't see behind the scenes: we need confirmation of a firm tie between the two companies in Q3, along with other news.
I like the tone of today's update: it states and states again that nothing has gone wrong, there are no extra hurdles to jump. News "in the coming weeks" is better than "in the coming months".
Faith in the company is needed to deal with the delays: nothing more, nothing less.
Start of Q3 next month, at last: we can expect news, and some of the guesswork will become facts and figures. The UFO website's Corporate Presentation in May which Max just pointed to makes for exciting reading with action just round the corner.
So many hazards in the Pilbara as you say 5x5: there must be some valuable stuff around to draw people out there.
Great to see some blue today, I really think that the US holding off on rate rises yesterday is a signal to investors that the tide is slowly turning away from the dollar to metals and other commodities.
About bloody time!