RE: Moving on14 Aug 2023 10:51
I made the only right choice to sell out when i went into hospital 5 weeks ago. If i hadn't made that decision i would have again lost big time. But i ask myself what is the attraction with UFO apart from the historical huge silver nuggets found at EH? Honestly...NOTHING unless permission to mine is granted. IF PERMISSION IS GRANTED IN THE FUTURE.....then all bets are off Ufo could finally fly.
We need to know WHY permission to mine has not been granted. Until the reasons are made clear then UFO is effectively a dead duck, an also-ran, a failed company.
The sp will keep falling to below 0.15p and eventually to administration.
Is the risk worth it...?
Well, imo possibly if you are lucky to find the true bottom and then the shares recover on good news.
Imo worth a punt still for good news and possibly deals with AngloAmerican. I think they are behind the delays......????
I have a small portfolio of failed stocks awaiting on recovery...with luck.
Some portfolio, some recovery.
But occasionally some do?
Gluck dickie