Member Info for Max111

I can't wait for silver bull!
Very difficult to multi-bag on a company like FRES with a Mkt Cap of £7 Billion.
But UFO has proven time and time again that it can double, triple or quadruple within just days.

Getting in the mood for the webinar this evening :)
https://www.youtube.com/watch?v=VTqFGhSYOto

We finished drilling at Hamersley last month. Posting every day on this BB demanding results will not make the labs work any faster!
With regards to clarity on Hamersley, Bill confirmed in last interview that it's DSO grade material. Our incredible estimated target of 245M tonnes has not changed.
And if you want a junior explorer to create cashflow, Pilbara DSO is your best bet. Just need to dig it, put it through a mobile crusher and ship it. The profit margin involved is unreal!
Looking forward to the webinar to get more details.

What projects is he pushing forward?
=> Maiden drilling programme at Hamersley & Donovan 2. Results to follow.
Acquisition of new silver permit Nueva Andromeda in Mexico.
Employed full-time geologist in Mexico who did the survey & sampling at Nueva Andromeda and found it has high-grade silver up to 734g/t.
Air Mag Survey and Interpretation at Elizabeth Hill & Munni Munni North which has found 20 priority targets - 7 highest priority delineated for PGE and Ag/Ni/Cu mineralisation. This was much better than I had expected. We have 3.5km of strike along the 8km PGE Ferguson Reef PGE strike. So much detail in the RNS.
New tailings project at Elizabeth Hill, which if goes to plan should bring in significant cashflow by end of year.
The sampling at the tailings had ave grade of 472g/t. There are 16,000 tonnes of tailings at EH!
The assay results will come and I think will very much pleasantly surprise all shareholders.

Hi 944T, it would be nice to have an RNS before webinar tomorrow, but at the last Vo x Markets Webinar there wasn't an RNS, so personally I'm not expecting an RNS tomorrow.
Goingtomoonufo messaged me Twitter on Saturday.
He said if silver goes crazy then UFO will follow as it has in past and he will keep buying dips and slowly add more.

@silverhorse, yes I'm all in on UFO since I want maximum leverage on silver.
Out of all the thousands of stocks on LSE there are only 4 silver plays:
FRES, HOC, POLY & UFO.
UFO is the only junior silver play on LSE, which is why we get mentioned in The Times & Daily Mail when there is a big move in silver.

I think a lot of people are sitting on the side lines with UFO.

Eg we are one of the most followed companies on V ox Markets
https://www.vo xmarkets.co.uk/ (delete space in v ox, since vox is filtered)

A big silver move will be fantastic:
https://twitter.com/NorthstarCharts/status/1384058442759901185

Northstar said a move above $27 will set up a run to $43, with a probable overshoot to the $50 ATH!!

UFO is a stock that Northstar has on his radar! GLA

This link should work:
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-200421

Silver looking perky :)

Hopefully we get a run up to the results whenever they are released.

Tomorrow's webinar with Shares Magazine:
https://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-200421?utm_source=twitter&utm_medium=social&utm_campaign=investoreveningwebinar2004

Hi Wolfy, VMS systems are underground, so can only only get an exploration estimate via drilling.
But you can actually see Iron Ore at the BIF ridges.

Turner Pope's research notes stated:
"Importantly, several kilometres of BIF has been identified with high grade ore which bodes well to achieving the Group’s
exploration target tonnage target of up to 245 million tonnes, which could potentially even need to be revised upwards following results from drilling that is expected to get underway in Q1 2021."
https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/420ad11c-4a90-4c16-950a-3107dd1c5d22/AlienMetals_2_12_2020_FINAL_BG.01.pdf

Also it's good to know DSO grade iron ore attracts a premium price on the seaborne market as Chinese steel works increasingly demand more pure inputs with lower emissions due to increasing strict government regulations.
This is why they will never restrict imports of Pilbara DSO Iron Ore and why Pilbara DSO is so special.

As an investor in an exploration company, I've learnt to be very patient. Have a nice weekend.

Hi 944T. I hope they do release an RNS before the webinar on 20th, but they will release it when it becomes available.
The Hanc ock assay samples are in the lab, so just depends how long the labs take.
The company never promised anything, just gave "expected" dates.
I've read comments on other boards, and people in other shares are sitting waiting for results.

As a LTH, it doesn't matter if they release the results on next week or next month. We are currently undervalued, so great time to top up before we get our re-valuation.

The recent trade was a Bed & ISA. The shares are bought back, but shows as a sell since lower then the mid of the bid-ask spread.
I have seen a few of them since the new tax year.
The SP has stayed at 1p.

Copper price scales $9,000 after Goldman calls it the new oil
https://www.mining.com/copper-price-scales-9000-after-goldman-calls-it-the-new-oil/

Donovan 2 is located near existing infrastructure and operating mines and is well placed for rapid development.
RNS 1/3/21 said they a looking forward to watching the project grow into a significant entity.

Also out of the 20 priority targets of Munni Munni North, 11 have the potential for a copper deposit!

Hi TKIA,

They finally finished the drilling last month for Hanc ock. In the interview on Monday, Bill said the Iron Ore was DSO grade material and that they well be reviewing results for next phase of work at Hanc ock. So very exciting. But no idea when they will release the update.
Our downside valuation for Hanc ock Ranges only included 5M tonnes of Iron Ore, but since we have several kilometres of BIF ridges at Kalgan, I am confident we will get much higher estimate.
I'm also really looking forward to the Donovan 2 results. I am confident it will be a VMS Copper Gold system.
Bill's doing the Webinar with Shares Magazine on Tuesday, so we might get some more details then.
Definitely glad to start to get out of this lockdown!
Stay safe & well all.

Alien Identifies 20 Priority Targets At Elizabeth Hill
https://www.theassay.com/news/alien-identifies-20-priority-targets-at-elizabeth-hill/?utm_content=162132227&utm_medium=social&utm_source=twitter&hss_channel=tw-918382730424885248

Be careful of what?
Making a new discovery at Munni Munni?

Chris2 you are contradicting yourself. You say it takes years to make money on this share, but then you brag about how much profit you made on this share (even though you previously stated you sold out at 1.24p).

With regards to the company making profit, we have 16,000 tonnes of high-grade tailings.
If you read today's RNS it stated:
"goal of making the next discovery, while at the same time planning update work on the silver mine and the tailings as well."
We are looking to make profit on the tailings by end of year."

Making new discoveries and advancing them up the value curve is how you get multi-bags.
We now have 20 priority targets and several targets with PGE going along the 8km Munni Munni strike length (3.5km is in our grounds!).

Interesting

Lol that was funny!
At the beginning of the interview he referred to the Iron Ore as "DSO grade material". That's all I needed to hear :)
Then he said, "Reviewing results for next phase of work." This means they will be taking it forward :)

Looks like the San Celso permit is taking a bit longer. They must be very confident they will get is since they wouldn't have purchased the Nueva Andromeda permit adjacent to it. Nueva Andromeda is too small to be an independent project and only works as an extension to San Celso.
But has upside2020 said, this is the benefit of having a diversified portfolio. We have plenty to get on with whilst we wait for the permit.

This share can triple within a week.
Due 2 big updates: Hanc ock drill results & Donovan 2 drill results.
Re-valuation & re-rate will follow.