Member Info for Max111

FRES bounced back. Very positive for the silver mining sector.

Trump just tweeted: STIMULUS! Go big or go home!!!

We are going to get serious money printing soon! GLA

Looks like the cat is coming out the UFO soon :)

I remembered the same thing happened the day before the initial Capstone Mining RNS was released.

Looks very cool
https://www.pamp.com/collectibles/ZAGFC00639

Definitely have to get one :)

Yep, we are now storing energy and fuelling up for an explosive move to beyond 1p.
The golden/copper RNS can drop any time now.

Zak Mir suggests 1.25p by end of month. GLA

Solar the new 'king of electricity' as renewables make up bigger slice of supply: IEA
https://uk.reuters.com/article/us-iea-energy-renewables/solar-the-new-king-of-electricity-as-renewables-make-up-bigger-slice-of-supply-iea-idUKKBN26Y0E7

How Much Silver gets used in a Solar Panel?
= Average solar panels are about 1.8 square meters in size and use about 20 grams or 0.643 troy ounces of physical silver.

Good thing we have 3 high-grade silver projects :)

PM moving up.

Now that authorities are clamping down on PM manipulation, PM will finally do their job and act as wealth insurance.

In September UFO faced a lot of headwinds = placing, EH acquisition uncertainty and warrants.

But now we only have tailwinds. We should re-rate and move fast :)

Thanks for that NoelShempsky.

Bob Moriarty gave a good interview on Palisade Radio also:
https://www.youtube.com/watch?v=slnA-iDFwqg

https://www.zerohedge.com/commodities/joe-biden-about-send-silver-soaring

I have a strong feeling we are going to see the Dollar get clobbered soon.
I can see the vultures circling!

Chris Vermeulen: $36 Silver by end of 2020.
That's a nice move :)

Eric Sprott follows Chris's work.

$DXY turned negative.

Might see another breakdown today in the dollar!

Looks like we are taking a breather and ranging before the US open.

Gold & Silver prices are now firmer as technicals are improving.

Good time to build your position. GLA

Yes the only way to avoid the stealth tax of money printing is to get rid of your paper money and buy real things.

Precious metals have always been the best commodities to use as a store of value, and easily tradeable.
Eg you can't personally store the following commodities in significant quantities in your house:
Wheat
Corn
Soybeans
Soybean Oil
Soybean Meal
Oats
Rough Rice
Cocoa
Coffee
Cotton
Sugar
Or industrial commodities:
Oil
Copper
Lead
Zinc
Tin
Aluminium
Aluminium alloy
Nickel Metric Ton
Aluminium alloy
Steel

But you can easily store Gold & Silver.
1kg of silver is the size of an iPhone (so easy to store long term).

In times of crisis people will hoard gold & silver (since its the best store of value).
Gold & Silver mining output have been in decline. High-grade deposits of silver are extremely rare.

And since silver is a very small market, it makes it much more susceptible to a price surge when there is a shortage.
Industry (eg Apple & Car manufacturers) will pay any price for silver to make their high value products.

Therefore, expect silver prices to go to around $600+

Thankfully, we have 3 high-grade silver projects.

RNS 16 September 2020:
Field work confirms high grade Silver at San Celso and Los Campos Silver projects.

Elizabeth Hill has confirmed high grade silver (ave was over 2000g/ton silver).

https://www.bbc.co.uk/news/business-54506853

Just think about it :O

Can't even buy £600. Going to NT

Yes, we should be above 1p already.

Anyone wanting to build a position in UFO, you need to do it now, before 1p is in the rear view mirror.

When the the short squeeze on the COMEX inevitably happens (can happen very soon), UFO will go through its huge air pocket. GLA

A great sign:

MAG silver is now in a technical breakout. It has cleared its overhead resistance.
This is extremely bullish for the silver mining sector. It has been a very good indicator in the past.

MAG silver has a Mkt Cap of $1.7B
UFO has a tiny Mkt Cap of £22M.

If you are looking for a 10 bagger +, UFO is your best bet. GLA

You are right Nap.

Our ducks are in a row & the stars are aligned :)