Member Info for Max111

There are x3 5M LRGS Delayed Buys.

They are all on the ask level and I make them out to be buys.
I will post the bid ask levels...

I 100% agree with you. IBK Capital are already marketing our x2 high-grade silver mines in Mexico.

The last RNS stated, "The Company is pleased to announce it will be attending the 2021 Virtual Mexico Mining Forum, along with other major mining companies operating in Mexico."

Endeavour Silver is attending and our Los Campos mine is right next to Endeavour Silver and has pretty much the same system, just slightly off-set with 2km of strike.

Saint-tropez, you spotted the price and trading pattern of UFO just before the last boom in October.
I have a feeling you are seeing something auspicious in the works.

Getting volleyed back. Go on son!

Todays price action of getting quotes to sell at 1.25p when the spread is 1.2 - 1.25 was very special.
I can't remember seeing that.

To me this is very telling.

Nice one Ohmni :)

It's Friday, the SP is up, we are due heavy news flow and the sun is starting to come out :)

It's Pop's tone I don't like. He just seems nasty.

At the webinar Bill said the permit delay is covid related and that the Ministry have a backlog and they they know they will need to speed things up.
Mexico is trying to promote their mining industry.

Pops you said you have a relative/friend working for the department there. Maybe you can get them to give the Ministry a push?

Mexico Mining Forum starts 10th Feb

Since it's Friday, it's a good time to top up since we are attending the Mexico Mining Forum next week.
It won't look good for the Mexico Mines Ministry if we are still waiting for the permits.
Also we have our newly employed full time geologist Jose Luis Posadas in Mexico chasing it.

Yes Joe. Silver looking to rebound.

During the last silver launch 712M shares were traded over 4 days and we were mentioned in The Times & The Daily Mail!

During the next silver launch we will go much higher since most of the sellers have been cleared.

Plus we are due a "great big update" for our Iron Ore drill results!

In the interview, Bill sort of hinted the Hamersley results.

15:45mins - Regarding the drill results he said, "There will be results that will be announced, a GREAT BIG update for those."

Hamersley will transform UFO. The profit margin on Pilbara high-grade DSO Iron Ore in incredible.

I just spotted we were mentioned in the Daily Mail again (1/2/21):
"Fresnillo was the highest ranking in first, followed by iShares Physical Silver (second positon) and Alien Metals (third), which mines silver among other precious metals and base metals."
https://www.thisismoney.co.uk/money/investing/article-9209527/Silver-prices-jump-eight-year-highs-Reddit-traders-pile-in.html

Just need another silver short squeeze or a COMEX failed delivery and UFO will go mental!

This week, Credit Suisse raised its forecast prices for iron ore by more than 40%
"Thus Alien Metals (LON:UFO), which also has exposure to silver, has been strongly supported in the market of late, and continues to benefit to its judicious exposure to a wide range of in-vogue commodities."
https://www.proactiveinvestors.co.uk/companies/news/940459/credit-suisse-sets-a-bullish-tone-for-iron-ore-companies-with-us150-price-forecast-for2021--940459.html

With so many projects an Exclusivity Agreement JV can be announced at any time.
Eg. last year we were due to drill Donovan2 ourselves first, but out of the blue had the Capstone JV RNS.

This is why trying to trade in and out of a share like this is so difficult. It's impossible trying to time with assay results etc.

StarBright made some very good posts:
"I see UFO as a way to gain exposure to several long-ish odds punts, any one of which might be transformational in market cap terms. I don't think it is remotely possible to value the company in a conventional manner at this point. We have some interesting opportunities, a motivated management team who are keen to progress and a chance to benefit from macro tail-winds in the industrial commodity space. That's a great combination. I am here for the journey, strapped in and prepared to ride out turbulence on the way."

StarBright also said:
"Watch for new news - it's likely to be seen in the price and trading pattern before it is RNS'd."

There seems to be people accumulating the share at the moment.
The non-exec director buy of £62,500 for me is a big sign of very positive things to come soon.
Especially when that's marks Mark Culbert's only holding.

Bill is proving up our est target of 245M tonnes of Iron Ore as fast as he can.
This will change everything.

This guy is on it! This has made me very happy :)

There is so much potential with UFO with all the projects and JVs to be done going into the commodities bull market.
Everything is lined up.

I have no doubt UFO will be the most talked about share on AIM by end of the year.

I like his last comment:
“I’d like to say there will be PLENTY of good positive news for everybody and ALL the projects adding value to them, move them for forward, keeping our investors happy. From a geological and exploration point of view, exciting times ahead.”

Alien Metals CEO updates the market on silver and iron ore projects in Australia & Mexico #UFO
https://www.youtube.com/watch?v=uRcBVqYj4ZU

This is what Keith Neumeyer tweeted a few days ago to Chamath:
"Li supply has not responded well to demand. Mill throughputs are being increased quickly. Big supply coming collapsing Li prices. Ni - Yes, great place to be. Cobalt - forget it. New-Tech is going in opposite direction. Next Gen Batteries wont have Co."
https://twitter.com/keith_neumeyer/status/1354659741268643842

Our Munni Munni North Tenement as proven targets with at least 2 to host significant mineral deposits.
In a prior interview Bill mentioned Nickel and PGE.

Our potential Nickel (Ni) deposit will be very interesting especially when Keith says, "Ni - Yes, great place to be."

I think it's Kalgan that Bill is referring to us potentially mining ourselves.
In Turner Pope's Research Note they say there are several kilometres of very high-grade Direct Shipping Ore (DSO) Banded Iron Formation (‘BIF’) Ridge Locations. This should be easy to blast and put into trucks.

But I agree with you a JV with BHP would probably be best option. He said in a prior interview that we are using BHP's track and they are always looking over our shoulder ;)

Can't wait until we get the drill results in 3 weeks to start to prove our est target of 245M tonnes.