Member Info for ForrestGump

Boyzer. Correct me if I am wrong, but didn't you up sticks, with your 5M shares, and leave us two weeks ago?

Just to let you see the government's rejection of smiller's updated petition into possible silver market manipulation.

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Dear xxxxxx,

Sorry, we can’t accept the petition you supported – “Investigate FCA's ability to monitor modern precious metal market manipulation”.

It’s not clear what the petition is asking the UK Government or Parliament to do.

Petitions need to call on the Government or Parliament to take a specific action. We understand that you are concerned about the precious metals market, but we're not sure exactly what you'd like the Government or Parliament to do. Your central ask appears to be for an investigation of the FCA's ability to monitor manipulation of the precious metal market, but your petition goes on to say that new transparency, audits and legislation are required, but doesn't say what these should entail. You could start a new petition explaining clearly what you would like the Government or Parliament to do.

Click this link to see the rejected petition:
View the rejected petition

We only reject petitions that don’t meet the petition standards:
https://petition.parliament.uk/help#standards

Thanks,
The Petitions team
UK Government and Parliament

I'm going with an interview. But my gut feeling is that Bill will delegate it to someone with a little more media appeal.
I'll probably be wrong, as usual, but I can see a change in media relations taking place going forward.

Geng. Seen it, done it. I won't be selling. Not until we are at about 30p.

Istie. Also, if we can make money from the mine ore "waste". Doesn't that imply that the remaining ore contains very high grade silver? Methinks Bill knows exactly what he's doing. What's not to like?

napthman. You might be right. However, maximum economic value will come from a chemical process. I'm thinking that our amiable, slightly bumbling, leader is planning on ruthlessly getting every last cent of value out of our assets. Might Bill be modelling himself on RBW's George Bennett?

pops. Won't tailings require chemical extraction? If so, there will be a lot of environmental box ticking. So I think it's a mid-term play before we see cash. Far quicker to make some money filling up a few lorries with DSO iron ore. People shouldn't be fooled - this is part of a clever long-term strategy. Don't expect jam today!
GLA

Chitta. My take is that INFA are working, hand-in-glove, with post Brexit government and that any expansion is being factored in by all relevant parties. IMO we come good, but it's going to take a little more time. Possibly another year before the real cash comes in.

ST. I'm not expecting a positive result for Blyvoor unless massive inflation kicks in following the U.S.$1.9 trillion "stimulus" package. Although it now appears that a significant proportion of the money will be held back to reward States that vote Democrat for years to come.
Basically, we could be looking at a about another 4-6 months before the dam to breaks. So, I'm here for the long haul. I'll take what looks like much short-term pain for the potential long-term gain.
GLA

John. Methinks someone always has more than everybody else. You just have to hope that you are able to survive the trade. I mean, being robbed of your money would be a simple task. But we have more important matters to discuss this morning, such as tailings. Which if the project were to move at the same speed as KAT's gold project, won't see funds in the UFO bank account for a few years. Maybe Max knows different?

riteview. At 2:35 LC says that "it puts us in the position where we can now move into the final phase of the funding discussion". I interpret that as meaning, no, finance talks are not proceeding.
They might be, but don't have to be. A poor choice of words?

bobbybingo. I have a few coins. The reason? Just in case the world goes pear-shaped and I have to resort to money in it's purest form to allow me to eat. I was thinking of buying pre-covid and thought I'd left it too late. Depressing but practical.

In mid February Elon Musk let it be known that he'd like a conversation with Vladimir Putin. Might his plan be to start oiling wheels for offtake agreements for strategic Russian assets, like Nickel?

Sorry, I got bored with the doom and gloom.

pops. I know nothing. I made my own estimates of likely news flow at the beginning of the year and decided that we'd hear nothing of substance until end March or early April. That's all.

BB. I wouldn't wait too long before jumping back on board. Although you probably have until the end of the month to make your mind up. Today's dive might be due, in part, to boyzer's 5 million share exit.

Just signed it.

Hi Boyzer. Thanks for the update. May we all live long and prosper. Good luck to you!

Chris2. Are saying that if the prize of Silver were to break say $40 an oz, the dirt currently sitting in the ground wouldn't take the UFO share price over 2p?

Chris2. I don't, in the main, ramp. I don't invest using company numbers, so I can't make predictions backed-up by data as someone, like Max, might choose to do. I prefer to use potential changes in world events and guess how companies might profit from them. I'm guessing that we will se hyper-inflation, so I'm invested in a company seeking to discover and exploit silver. The DSO iron, copper, gold, zinc, etc, that UFO might discover are a bonus for me.

IMO people tend to post multiple comments more out of habit than desperation. After all, unless you are part of a coordinated team, how would you expect your comments, as a humble PI, to have any influence on a company's share price?

Boyzer says he's leaving, selling is 5M shares because he hasn't seen a profit in only a few months. Did he buy UFO shares as a trader or investor? The shortest I've owned shares in a company for is 12 minutes, that little foray into Greatland Gold made me £2k. That's trading. I've been in UFO for about 9 months now and I'm not planning on leaving for at least another year. That's investing. Will I make any money? Who knows. All I know is that when I up sticks and leave I won't try trashing the company as the door swings closed behind me.
Hope we all have great weekends, GLA