RE: 1 million shares bought20 Nov 2020 13:10
If anyone is interested in knowing, this is the reason why I went all-in on UFO and why my shares will not be put back into the market for a very long time:
Money always flows from Big caps -> Mid caps -> Juniors.
My trading account only allows me to buy LSE stocks.
The only silver plays on LSE are:
Fresnillo FRES (Big cap – 8.2B)
Hochschild HOC (Mid cap – 1.1B)
Alien Metals UFO (Junior – 45M)
Therefore, IMO money will inevitably funnel into UFO during the silver bull market.
With such a small market cap, and the SP will explode. There were many 50-bager+ in the history of silver bull markets.
And now that we are just about to unlock the value of 5 projects (x3 in current JV discussions, x2 being marketed by IBK Capital) and as Bill continues to pick winners the SP will go much, much higher than I initially envisioned. GL aliens! :)