Member Info for Dibs61

Only so long that investors can ignore WCE and, by definition, UFO with silver price soaring.

The WCE drilling campaign is going to draw in renewed interest.

The bull market hasn’t even started here yet!

And, as highlighted by other REE’s there too.

With all the excitement seen in other gold plays and this is valued @ just £3.35m …. PLENTY of upside potential in this market.

News literally could be any day now re key assay results. Keep in mind they reported mineralisation in ALL nine holes.

I am very surprised this is down to day still after the very bullish 3p warrants extension the other day.

Still a chance to get in before assays but the window must be closing rapidly.

Strong rally from 2.9p. Seller done?

I was a bit early here, jumping in @ 3.4/3.5 a couple of days ago. Oh well can’t always get your timing exactly right.

Still very much an opportunity at this level though.

Expecting an update in next week or two.

West Coast Silver share price currently UP 10.53%

Looks like this is selling @way above quoted bid

Sheephatch - my thinking too….MC now extremely low @ £3.65m. They raised £2.3m @ end July so not even 3 months ago so have plenty of cash left.

The following taken from the recent RNS:

“Whilst drilling operations have been underway at Wallal, work to refine the exploration strategy at the Company's Selta project in the Northern Territory has been developed, initial exploration will focus on Selta's gold potential. The Company expects to provide a more detailed plan for exploration at Selta later this month.”

So we will get an exploration update on Selta this month - GOLD - at shallow depths so no expensive deep drilling.

If they move as quick as they did on Wallal we shouldn’t have to wait long for things to happen. That’s what I like about this. It’s not a one trick pony and it won’t be like tumble grass for months after a duster. They will crack onto the next.

Strong into the close.

Ticked back up again. I am genuinely impressed by the buying strength here.

Was considering trading out but I will hold.

Buy low, sell high. Isn’t that the name of the game? lol🤷‍♂️

Decided to add some more as they’re even cheaper now.

14-Oct-25 12:13:59 3.486 75,000 2,615 O

Everyone selling at this level is making a substantial loss. Silly really as this is only a temporary setback. The company didnt mess about letting the grass grow under their feet at Wallal and I expect much the same approach at Selta. They will get on with it! And going for Gold too.

Taken a position here at this level. Looks a reasonable punt @ just £3.7m MC. They have gained valuable insight into the Wallal project and will no doubt learn from it and return to it. But now looking at Selta which seems interesting for Uranium, REE’s etc.

Sjh1 - absolutely correct. They will go for a mining license and that application alone will be a major catalyst.

Some early nibbling going on here…

Christabirdies - well, the returns I have got from investing over the past 15 years must be a sheer fluke then? 😆

But yes, I am fairly new to UFO, that much is true. This may be an advantage as well as a possible disadvantage. It means I am not coloured by previous management disappointments. No stale bull syndrome or cynicism.

But I accept your position and trust is I agree, essential.

We shall have to see how things pan out. Fortunately I have built a position at a historically low level.

I’m just wondering when the penny will drop for the WCS and UFO share prices? I think the issue is that investors do not believe the rally in silver. They think it’s fake, it’s temporary, and silver will be slammed back down to $30. Same as has happened the past 15 years.

Now, can you imagine what will happen when they realise it’s not fake, it’s not temporary, and silver can no longer be slammed down because the criminal cartel are out of ammo. The game is up.

Price discovery for Silver is here.

I’m just wondering when the penny will drop for the WCS and UFO share prices? I think the issue is that investors do not believe the rally in silver. They think it’s fake, it’s temporary, and silver will be slammed back down to $30. Same as has happened the past 15 years.

Now, can you imagine what will happen when they realise it’s not fake, it’s not temporary, and silver can no longer be slammed down because the criminal cartel are out of ammo. The game is up.

Price discovery for Silver is here.

And we have massive exposure through EH. Load up before the herd…

No idea but it’s certainly one day closer and the first is due. There will be at least two separate assay announcements as the second batch was only sent to the lab recently.

LEX is Ludicrously, obscenely undervalued given its assets in USA and particularly SA.

I’m not going to bother to list them again but the value of what they have in the ground is worth multiples of this price, and that was before Gold exploded to $4,000!

Not to mention the vast prospective unexplored acreage they possesss.

A rerating to a more appropriate value would be one way to start unlocking that value.

Some good buying pressure….