Member Info for DC26

In fairness Mr EMC, I don't think any of us were expecting this drop when the war kicked off. I don't know how much lower gold and silver will retreat further until we see better days ahead. I had pondered selling up but I'm inclined to ride it out for the very long haul now.

I topped up here on Monday morning thinking silver would be an immediate safe haven for investors. It seems to be not that clear cut so far. Rising oil prices complicating the situation.

A mixture of massive panic selling by some, and profit taking by others. All triggered from installing a new federal reserve chairman - as if he can suddenly solve all the worlds geopolitical and financial problems! That said, we can see that gold and silver had recently got well ahead of themselves. I think it will take a few weeks to get back closer to where we were last week and possibly with some sideways drift after this has all settled. Just my gut thoughts.

I had a slight panic on Thursday morning when both gold and silver were rising much too fast for comfort. I sold 20% of SILG and for some inexplicable reason immediately put it into kefi and ufo. I shall hold the rest of my SILG for some months now. I get that the silver miners lag behind the rise in silver price but given SILG is up 170% in the past year can we really expect much more of a rise, assuming silver holds around a feasible $80-100 price range?

Bit of a bloodbath in the metals sector today. I suppose only to be expected after such a very quick rise in recent weeks. Hopefully we don't see it go much lower.

Yes 5x5Croire that's me. A refugee sums it up well. Still have some in UFO but see it as a high risk play. These days I'm older so playing it a bit safer with most funds in SILG, COPG and a simple gold tracker. At least I'm hoping them to be a safer bet. I've a bit in Kefi, Rockfire and RBW but amounts I can comfortably live with if it all goes wrong.

Yes it's frustrating. I expected the profit taking on Friday as usual but not at end of today. All the way back down to 0% gain. Those pesky day traders I guess.

Having kept an occasional eye on this board for some years it doesn't really bother me what Max posts as it is 100% clear he's a ramper funded by ufo in some way. The fact we are 3000% down on the spike of 4 years ago and yet he's still a happy little chappy about the situation rather proves he can't be a normal investor. What bothers me are the poor muggs who come along from time to time, like dav37 possibly, and get sucked in by his constant one sided drivel. These naive folk are what Max relies on and keeps him going. Be interesting to know what his commission arrangement is from Alien.

Just another dog of a AIM share. I last topped up at 8.5p, sucked in with optimism like all the others here. When will I ever learn to stay away.

I only look in here occasionally and enjoy HH and Normbeefs posts in particular. It's a share I've followed for some years and for some reason have a slight fondness for. I believe it will do well long term despite these frustrating times. But the simplistic rational part of me says this has a 50/50 chance of succeeding or eventually failing. We become wary/wise if we've owned AIM stocks previously and seen dreams go down the pan. It's the usual boring caveat of only buy what you can afford to lose.

@baserite, a very well worded assessment/insight of what we're dealing with. Thank you.

Let's all email him & tell him how horrible he is. That will sort the corrupt clown out. Joking aside, the guy seems to have no conscience. What I will never do again with this share is average down based on his 'rose tinted' view of the future. I fell for it once more at Xmas at 16p but NEVER again.

It's hard not to feel shafted. Talks in December of jv and then a so called 'game changer' mention in the January RNS. Here we are a massive 50% down at pathetic 7p levels. This will take an almighty effort to get back to the 16p level we were recently at, never mind the 100p level some of us recently felt was feasible in a year or two's time. Private investors don't trust the guy any more and I'm not sure any institutional investors do either. This is the concern. He either owes an explanation or an apology for the mess this is in.

@Bonkers, you echo my thoughts exactly. A week ago he said he felt sorry for those who'd sold out at 0.012p. Now look where we're at. Paid to endlessly ramp is my only guess.

Agreed Chitta. The most polite description I can give AM is border-line crook. I first invested in 2015 then some years later averaged down. Vowed never to put more into this damn share but then got all dreamy at Xmas with the jv news so ploughed yet more in, and here we are just a month later at 50% down. I agree that this is the new share price level for the time being. We've got to gain 100% again on real jv news just to be back at the 16p level which seems pathetic. I've no faith at all in the conman but like many others here stuck with the situation for now.

Spot on Marc135. Jeez, some people live in a fantasy world. Let's hope eventually we all at least get some, or most, of our money back from this bloody awful share.

My finger hovered over the sell button at 3.2p that time & like other fools here I held on. It peaked briefly at 3.6p intraday spike. Those were different times when many commodity/oil explorers/miners rocketed off the back of news or rumours. That sentiment has yet to return to the AIM market.

Thanks beesty69.

I'm rather happy with here today but XOP SP doesn't bode well for us tomorrow the way it's dipping. hopefully some recovery later on.

I doubt they will after so many of them got their fingers burnt over 88E.