Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Normally I go out to the horses and the price goes up. I went out late today when the price was down 9%. I return and its down 21%. Conclusion - based on today there is no +ve correctional between my stable visits and UFO price rises.
Yesterday more sales than purchases - price goes up. Today more purchases than sales. Hasn't the market read the theory of supply and demand?
When this has finally peaked, and COVID restrictions allowing, we should arrange a get together of LTH's somewhere to celebrate but the way this is going I think there is a long way to a price plateau. Enjoy the ride everyone.
Checked price before I rode out this morning in the sunshine and it was 10%. Two hours later 45% up. I am riding out tomorrow so hopefully this will happen again. Couldn't have had a better day. Only downside is wife saw the IG account and now wants a couple of new saddles.
Listened to the podcast and felt very comfortable with BBG comments so lots to look forward to and very soon by the sounds of it.
GLA
Only came to this party this morning and really glad I did. Got in at 1.51, watched the dip and then the recovery late in the day. Very excited by what I have seen and read. (Makes Alien Metals look a bit pedestrian at the moment.)
For the end of another busy day. I am doing some research for a story and found:
As far back as 3100 B.C., we have evidence of a gold/silver value ratio in the code of Menes, the founder of the first Egyptian dynasty. In this code it is stated that “one part of gold is equal to two and one half parts of silver in value.” This is our earliest of a value relationship between gold and silver.
Oh how Alien shareholders would love the return of that ratio. One day maybe.
Only a few minutes to go until close and I think I have had quite enough excitement for one day. Thanks to UFO, my portfolio is in +ve today. Have a lovely evening everyone, stay safe and prosperous. We are off to rug the horses before Storm Alex arrives later tonight.
Really good article which should attract attention. Managed to top up @ 0.725. UFO is now the biggest part of my portfolio. Can't help thinking of ELO and "Mr Blue Sky".
Nothing game changing but good to see all the potentials consolidated into one succinct report, something that new investors might be attracted by.
Just have to be patient. Speaking of which, going to forget all about UFO for a few hours and see the horses.
I hope I am not wrong interpreting the volume involved from this morning's RNS. The total number of shares involved from my reading is 250,000,000 which is less than 10% of the total number of shares in issue. Which given the potential upsides with UFO and its portfolio of prospects is not very significant and today's reaction is only a short term blip/tree shake.
Have a good weekend everyone.