Member Info for Max111

*now

"New geologist is not constantly on the ground looking at new projects, talking to the mines department, working on getting our drilling permits done. Expanding our ability and capacity in Mexico."

https://audioboom.com/posts/7794234-bobby-kalar-ceo-of-yu-group-bill-brodie-good-ceo-of-alien-metals-and-alan-green

Yes definitely. Gold is already near it's ATH. Bitcoin is at $43,800!!
Silver has a lot of catching up to do, which makes it such an attractive investment.
Plus silver has industrial utility that is set to increase massively due to Biden's plan to spend $2 Trillion on clean energy over the next 4 years, whilst we are running at a mining deficit of over 300M oz/year!

Willem Middelkoop gave a good interview. He said anything that can't be printed by governments is going up!

Silver is a tiny market, which is why people get positioned in the junior silver plays in advance in order to get maximum leverage.

Thankfully UFO is the best junior silver play on LSE.

Here is a rough outline of some of the news we are due over the next 3 weeks:

Mexico Mining Forum 10-11th Feb. Today's RNS said it will enable us to engage with investors in the country and discuss opportunities.
Air Mag Survey results due mid – late Feb. This should hopefully highlight new potential discoveries.
Drill permits for San Celso & Los Campos due soon.
Capstone to commence drilling Donovan 2 soon.
Big update = Hamersley drill results due late Feb.
Our full-time geologist in Mexico is currently conducting mapping & sampling at the Nueva Andromeda permit.
Drill permit applied for Hamersley Brockman. Normally takes about 15 days to be issued in WA, so should receive this month and announce a maiden drilling programme for Brockman 2000-3000m drilling.

Plus other wildcards such as our Greenland project and potential new acquisitions or Earn-in agreements.

Hi Nookie. Your delayed sales are now showing. I was wondering why the SP dropped.
It was always going to take longer than a week to defeat JP Morgan.
Big updates coming soon which will lead to a re-rate. Good luck anyways.

It's a good thing BHP are always looking over our shoulder ;)

We should get the added seasonal demand for gold & silver since it's Chinese NYE on this Thursday.
Interestingly it will be the year of the Metal Ox.
Hopefully a fantastic year for Alien Metals!

https://www.londonstockexchange.com/news-article/UFO/attendance-at-mexico-mining-forum/14855722

"Alien's attendance at the Mexico Mining Forum will be an excellent opportunity for us to directly engage with key stakeholders and investors in the country. We are very excited to be involved and look forward to meeting other attendees from the mining community to both showcase our exciting projects and also to discuss potential further opportunities for Alien in line with our strategy."

Hi Rocket. Yes I would be happy with a 5 bagger this year also.
Bill mentioned in a prior interview he is hoping for a repeat performance this year.
The Proactive Investors article also mentioned the same.
Very difficult to put an EOY value on it. Our Greenland project is an unknown at the moment and Alien are pursuing JV partners for it at the moment.
In the recent interview Bill said after the Hamersley drill results he will consult with his tech team in Australia and then decided on the next course of action. I'm guessing he means whether we decided to mine ourselves or sign a JV with either BHP, Rio or FMG who are right on our boarder.
It's very early days. Very exciting portfolio of assets that are in high demand.
Yes for me the DD says it all :)

Hi Parkboy. Once we prove up our est target of 245M tonnes of our high-grade DSO Iron Ore and get the drill results from our x3 high-grade silver mines, then sign at least 1 JV, I wouldn't expect anything less than at least a 10 bagger as we continue the metals bull market.
2021 will be a phenomenal year for UFO.

Hi Rocket,

This is Alien's business model:

Low-cost acquisitions -> Bring up value curve via geo exploration work -> JV Partnership -> Unlock
Value for shareholders.

Capstone will give Alien a cash payment for Donovan2 (but this will be relatively small for this year).
IBK Capital are currently marketing our x2 high-grade silver mines in Mexico. Alien might chose to sell one project instead of going via the JV route.
Fund managers have said there will be a frenzy of M&A activity in 2021 since the bigger players are spinning off so much cash. They will either have to pay back those profits to shareholders in the form of dividends or acquire new assets to prove up future production.
In a previous RNS it said Alien will seek 3rd Party Funding to minimise shareholder dilution.
Eg Arian Silver got around $30M loan from Quintana to fund their San Jose silver mine in Mexico.

Sprott used to be the largest shareholder of Arian Silver.
As StarBright said, if we get some marque-name insto investors through a well-judged placing it could be a big plus for UFO. It would enable us to add to our portfolio of assets.
As long as the metals bull market continues, it all looks very good.

Chris2, I don't think you understand what it means to realise a gain or loss.
That only happens when you press sell.

If you are such a legendary trader it is interesting that you sold out mid November at 1.24p!

My strategy is to keep buying & holding during the metals secular bull market.
I welcome all traders to trade this share.

What I don't appreciate are people like you who sell out and start deramping (with no negative news) and panicking investors to sell at 0.85p and realise a loss.

That is very interesting StarBright. I never knew about “worked orders”. It’s very interesting how the MM can take different smaller parcels of shares and amalgamate them into one 5M transaction.
I guess this is why some people on this BB say the MM have held the price down to fill the order of a big buyer.
One observation I have made is that during previous couple days I have been getting quotes to sell 5M share and have only been able to get quotes to buy 1M shares. Normally I can only get quotes to sell a maximum 3M shares.
Also there was another late delayed trade on yesterday’s list, a 5M trade at 1.18p @14:43 2/2/21. This was also at the ask level.
But I understand what you say as, we can’t be 100% sure.
Yes I agree, with all the contractors, it’s impossible to keep things under wraps.
A very positive indicator for me is the DD. Especially when MC is no dummy. He is a top lawyer and that’s his only holding. It shows he is very confident in the future success of the company.
All looks very positive as we start to get the news flow.

944Turbo was right!

Looks like people are worried the SP will get away from them. Haha

Casa Hamersley on it's own has an est target of 245M tonnes of Iron Ore.

Credit Suisse has just set a bullish tone for iron ore companies, with US$150 price forecast for 2021.
The production cost of the large players in the Pilbara is under $15/tonne.

Do the maths for yourself.
However way you cut it, you are talking billions $$$$$$$$$

You are welcome Shouston.

Price and trading pattern suggests big news & launch is coming.
As Bill said regarding the drill results, "There will be results that will be announced, a GREAT BIG update for those."
Have a great weekend Aliens!

TKIA, I have a record of all the transactions from yesterday on my phone (I take a screenshot of ADVFN live trades).

See my post above. They are all 100% buys.

12:59:08 1.15 5,000,000 £57,500.00 (Buys at the time were 1.1295 and price ticked up after).
15:33:48 1.175 5,000,000 £58,750.00 (Buys at the time were 1.1645 and price ticked up after).
10:51:36 1.15 5,000,000 £57,500.00 (Buys at the time were 1.1365)

These are definitely buys.
As I suspected someone/entity is accumulating.