Member Info for cbeadle

Miners are going to be outstanding if Silver stays around $80-90 per oz, they have a lot of catching up to do. If it does double again to $150-200 per oz range, they will be turbocharged!

Lo_cal I did well with EUA, but then held for too long and failed to bank my profits. The same with the UFO boom 5-6 years ago 😢! I was expecting an EUA type of event tonight but it’s been very tame

I agree it’s just worth holding with these results! It’s inexplicable why they have a trading halt in Oz , our UK companies just announce drilling results leaving the market to respond

I think we are pre market atm - I have approximately 8500 West Coast and just put in a sell order @ 46c . If it executes I will be very happy!

Will West Coast Silver be back trading today? I guess midnight our time! The hopeful uplift in West Coast Silver may give us a clue what to expect tomorrow morning

It’s speculative what could happen. The surprise is, given the price of silver that neither West Coast Silver nor Alien Metals have already rerated.Especially as it’s known how much silver and the richness of it in that vicinity Definitely tonight should be an interesting one

I was wrong about a bounce in the far east markets. I would hope we’re near a short term base in the share price, the miners were quite lowly priced wrt the silver metal price

There may be a huge JV coming , that would be a reason to halt trading. It’s unusual to call a halt just before drilling results.

Very much hope we can get through soon, we seem to have been held back for a long time. The placing at not far off open market value should be helpful

I think we will see a big bounce back when the far east markets open on Sunday night. I think we might settle around the $100 level, but even around $80 it should be amazing for the mining stocks. This correction was coming, but it caught me off guard, I thought it be another 4-8 weeks until the next shakeout

It’s just amazing the mining stocks are not doing too much considering the enormous rise of the metal itself. Soon, and even if the price corrected back to $80-90 we are going to see big gains in the Silver Miners as their earnings will increase significantly. UFO crazily cheap imo

I would do , but FAB my largest holding and I am very into mining stocks which are generally doing well.

UFO has had an almost unrivalled performance in terms of destruction of shareholder value over the past 5 years or so. Do you think we are past that period, and we are back finally on track?. We seem to have been slow to respond to rising metal prices . On the surface incredibly undervalued from the time Bill Brodie was CEO, is the market punishing UFO for past failures and inaction while failing to look forward at the much improving prospects?

Quite encouraging it’s at the market price and not discounted at all

With the right news 50p to £1 could happen really fast

I have reluctantly sold 15k shares this month (5k this morning was mine)but it’s less than 5% of my total. That has been to position in a small level of silver mining stocks which I think are a good opportunity atm . FAB still very much my largest holding

The Oz bank holiday today giving some extra opportunities as market for West Coast Silver closed. Otherwise UFO might have reacted more quickly this morning. It’s a barmy undervaluation for both companies, I think UFO could quickly reach 1p+ based on silver value

I can’t take any long positions on IG with GCSU in their spread bet account. They give quotes but only to close

It’s absolutely crazy how UFO hardly has moved, despite silver moving so quickly upwards

Thank you Propinquity and Tungstenman! I am usually most optimistic with my share price hope, but I was SMiLing too cautiously about Tamar Valley prospects. It’s a really interesting area, 2-3 years back I was working in Gunnislake. There are old mine shafts everywhere