Member Info for Max111

Silver price hits 32-month high
https://twitter.com/Directors Talk/status/1645784274451456006

There are 3 key differences with UFO to other international explorers:
1. "Mining ceased in a single day due to a fall out of JV partners thus leaving a considerable untapped resource."
https://www.alienmetals.uk/project/silver-elizabeth-hill/
Therefore, very easy to turn back on.
Explorers usually need at least 5-7 years to start mining and that is if they ever get permitted to mine!
Elizabeth Hill already has the Mining Lease plus "Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening".
You can invest in other juniors that could either miss the whole bull market going to triple digits or never even get permitted due to ESG etc.
2. UFO is the only silver junior play on the UK stock market. You can invest in $6bn Market Cap FRES which is very difficult to multi-bag, or invest in UFO which doubled within just 3 trading days during last #silversqueeze, hit 1.60p and was the best performer.
3. Elizabeth Hill is in world's No1 Mining Jurisdiction & safe, whereas most other silver explorers are in leftist countries.
Plus obviously you have over $3.5bn PGM & Gold next door at Munni Munni, all massively underexplored.

I was reposting CommSec's Iron Ore posts, but unfortunately CommSec stopped posting it.

However, for your information Iron Ore is up +1.53% this morning on DCE Asian Trade. Currently 798.5 Yuan/$116/t.

Commodities are priced in dollars.
Dollar has finally topped and has a very long way to go down.
= Commodities going up.

Yes Barrett, at $25/oz, it's probably best to keep the silver underground at Elizabeth Hill and focus on DSO at surface.
At $30/oz it's a different story and everyone will be knocking on our door since Primary silver mines are very rare.
It's all about perception of where silver is going.
Then if you want to get maximum leverage on the UK stock market, then UFO is the only silver junior which has proven to multi-bag time & time again.
Silver moves very fast when it does, so that's why you need to get positioned.

Expect to see a 'massive move' in silver, says asset management firm:
https://www.cnbc.com/video/2023/04/10/expect-to-see-a-massive-move-in-silver-says-asset-management-firm.html
Juerg Kiener of Swiss Asia Capital says silver is trading "historically [at] such a beaten down level."

Starting to move up now. It's going triple digits as the dollar heads into a secular bear market due to trillions & trillions printed.
As Rick Rule always says, it's a gift for investors.

That's a nice find. Cheers Allwinners :)

Russia could weaponize Palladium metal exports next @Citi warns:
https://edition.cnn.com/2023/03/09/business/russia-metal-exports-prices/index.html

Silver market open today.
We will soon find out if "Silver is dead!" or if it's actually the cheapest commodity on the planet currently on a launch pad and will eventually quadruple to triple digits.

Plus dedollarisation will only accelerate from here.

The US & Asian markets should be open as usual tomorrow & Monday, so will be interesting to see what happens to the silver market before UK reopens on Tuesday.

Have nice Easter everyone. Looking forward to the positive news flow ahead.

I'll be taking taking advantage of the new ISA allowance today and doing a Bed & ISA today. What a gift whilst SP is low.
Since they are a sell out of Non-ISA and buy into ISA, it doesn't affect the real SP (just a transfer) but on Google you will see them go through as the full bid price and get bought back at slightly higher price (but still below the mid of bid-ask, so looks like a second sell when it's actually a buy).
So doesn't affect SP, but at least they boost up the volume of shares traded.

Looking forward to selling silver at triple digits! :)

COMEX #SILVER DRAIN CONTINUES AS VAULT TOTALS DROP 814K OZ - ALMOST 6.3 MILLION OZ IN TEN DAYS
- Registered was unchanged for the third day.
- Open Interest is now equal to 237% of all vaulted silver and 1,849% of Registered silver.
https://twitter.com/mikesay98/status/1643694200876331009

Silver back to $25. Cheapest commodity on the planet according to Jim Rogers et al.

The deputy Chairman of Russia’s State Duma Alexander Babakov:
"BRICS nations are in the process of creating a new medium for payments - the new currency would be secured by gold &
other commodities such as rare-earth elements"
https://indiatimes.com/worth/news/india-working-with-other-brics-nations-on-new-currency-598088.html

The 1 commodity which Russia has global dominance in is Palladium (30x rarer than #gold), then Platinum (15x rarer than gold).
The other producer is BRICS member S.Africa.
Together they control 80% of #PGM!!!

UFO 100% owns 1of Australia's largest globally significant high-grade Primary Palladium Platinum deposits with Mining Lease ready for rapid development (in situ value +US$3.5bn + open at depth & along strike).
+ Australia's Highest-grade silver mine
+Over US$1bn Iron Ore at surface
+Gold

"Silver NOW in pre ignition zone.
Buckle up."
https://twitter.com/badcharts1/status/1643328801995210755

"Silver NOW in pre ignition zone.
Buckle up."
https://twitter.com/badcharts1/status/1643328801995210755

"Silver’s power move through resistance.
The doors to $30/ounce is now open."
https://twitter.com/goldseek/status/1643313964523171840

@theannoyingdevil, you said to "Short silver and gold, thank me later."
Hope you are ok?

"Gold and Silver breaking out to 12 month highs today ... and this is just getting started.
We are looking at a multi-year bull market ... I am not going to be one of those guys saying $8,000 #gold (because
@pizdets17 will get upset at me) but $2,500+ gold and $35+ #silver is definitely within reason this year."
https://twitter.com/WallStreetSilv/status/1643261367107846144