Member Info for Max111

The vaccine has already been priced in every week for the past 3 weeks.
Not sure how much more they can price it in, but I'm sure they will try.

Unfortunately the vaccine doesn't cure the world economy's debt problem, so QE infinity will continue. No way out.

This is why IMHO UFO is the best investment opportunity on AIM as we head into a secular PM & Base Metals bull market.

Keith Neumeyer of First Majestic Silver said, “I think we are going to go through a major, major bull run here. I wouldn’t be surprised to see a 10 year bull market coming up!”

Yes we should get lab certified result 3-4 weeks from start of drilling (but can take longer if backlogs).

Oh no Pops, don't worry, all the best news is yet to come.

Bill is getting the permit/Programme of Work (PoW) very soon and going to set a drill date after confirming with the local drilling companies.

Pops, bear in mind that it's not the commence of drilling that affects the SP.
It is the permit and drill date RNS that will cause the SP to rocket.
When we get to the day when the drills go in, at that point it's already priced in.

The following 2 permits we should get imminently since the meeting at the Ministry was last Thursday.
1. San Celso (drill rig ready, waiting for permit).
2. Los Campos (drill rig ready, waiting for permit).

3. Donovan 2 (Capstone ready to drill, but doing IP survey whilst waiting for permit).
= Should get permit in December.

4. Hamersley (Finalising a significant maiden drilling programme).
= Bill said he has applied for permit/Programme of Work (PoW) so I expect an update in December also.

As you can see the next 4 weeks are going to be huge for UFO.

Shouston, you are killing me today! lol

The assay results are from the field sampling that was done. RNS 29/10/20 explains, which has the handheld XRF results.

Bill is now finalising a significant maiden drilling programme and has started discussions with the local drilling companies.

Pops read RNS 29/10/20.
The 90 samples are in the lab in Perth but are delayed.
Assay results & next stage plans RNS due any day.

Hi Pashman,

Well done for asking the question about the placing :)
Since we are coming up to drill 4 projects, I can’t see the SP going any lower.
Drilling:
1. San Celso (drill rig ready, waiting for permit).
2. Los Campos (drill rig ready, waiting for permit).
3. Donovan 2 (Capstone ready to drill, but doing IP survey whilst waiting for permit).
4. Hamersley (Finalising a significant maiden drilling programme).

Also since the placing shares will be going to Professional and “a strategic large scale Institutional investor” they won’t be hitting the market any time soon.

Also I think it has something to do with UFO entering Morgan Stanley's MSCI Global Micro Cap Index on 30th November since the new shares also become effective on 30th November.
Nap said maybe Sprott? Lets wait and see.

Other things Bill said today:
Covid has hampered work.
Now going from strength to strength.
Well funded to aggressively drive exploration.
Reviewing new projects.

Hamersley:
Finalising a significant maiden drilling programme. Started discussions with the local drilling companies.

Capstone:
Capstone are doing the IP and early results are complementary for Alien’s previous work. Finalising drill permits.

Mexico silver:
Working to secure drill permits.
Planning to increase drilling programmes.

Elizabeth Hill:
Trenching programme.
The soil results from the 117km2 extension of EH added 1-2 new targets.

Bill said he will definitely do a webinar to go into further details, I think early next week.

Yes Paul, I think they are definitely taking shares off the market. Things are getting very interesting :)

Hi Lord, these are my notes from the AGM:

Bill said regarding placement:
“Funding has given a great boost and capacity to add projects.
One strategic large scale institutional investor wanted to get in asap. Strategically it was the right thing to do. Gives opportunity to everyone to develop and grow.
We can drill 1 more meter and dig anther trench. Doesn’t want to cut corners. Proper drilling and do metallurgy.
Now have funds to advance rapidly for all our projects.
We are in an incredibly strong position. Wants everyone including all the smaller individual investors to benefit from the placing.”

A "strategic large scale institutional investor" is exactly what we needed. Onwards & upwards :)

Bill said regarding placement:
“Funding has given a great boost and capacity to add projects.
One strategic large scale institutional investor wanted to get in asap. Strategically it was the right thing to do. Gives opportunity to everyone to develop and grow.
We can drill 1 more meter and dig anther trench. Doesn’t want to cut corners. Proper drilling and do metallurgy.
Now have funds to advance rapidly for all our projects.
We are in an incredibly strong position. Wants everyone including all the smaller individual investors to benefit from the placing.”

Hopefully, we will get this BB back to being a shareholders BB soon.

The company has never been in a better position with it's high-grade projects (x1 JV done, x3 in current JV discussions, x2 being marketed by IBK Capital), cash in the bank and a fantastic GEO/CEO that is picking winners.

Yep, he's a down to Earth kind of guy ;)

I've never heard Bill speaking live before (always pre-recorded interviews) so should be interesting :)

11:30am-12pm

Yep, I have 100% faith that Bill is making the right decisions for the company.
Eg if we are now to be very active in Mexico, we need the funds in place.

It's interesting how Gold & Silver spot prices head back up after yesterday's options expiry.

Yes Goingtomoonufo. To me this is the most logical explanation.
But the goes to show AIM is very leaky hence the large jump in SP on late Thursday.
Lets see regarding the good news :)