Member Info for MrTriumph

Pashman,

Hang on a minute, I'm talking nonsense, really are you really suggesting that? I see you have not answered any of my points or posted any rationale for your earlier post.
You say,
"Shares in issue to volume is key. If you have only 1 million shares but no volume you have a low share price, if you continue to see the volume that we have seen the last two trading days then yeah it will only go one way, all small miners pretty much raise funds this way, I personally see this should be valued around 5 million with the assets they have alone,
How about if you only have 1M shares in issue with little volume you may have a high share price, why would you have only a low share price? will it not depend on where you started from!!!
The volume in the last two trading day's is still poor, you need to see 80M plus traded for a continuous period to sustain any rise here, and as for you plucked out of the air £5M valuation, how have you calculated that! Look at the recent acquisitions, and tell me what the total cost was? then discount that cost as nothing has been moved on from when acquired, then look at the Balance Sheet and find out the value stated, you won't find an up to date Balance Sheet but you can be creative, we have already seen that! While you are looking at the Balance Sheet take a look at the profit and loss account, see the losses incurred for six months!! I know six months!! mind boggling isn't it?
Goodness me, do yourself a favour stick you £10k somewhere safer where you will actually make a decent return instead of risking it in here, maximum of £2/3 grand would be enough risk in here at the moment, as once that next placing news hits this will be single digits once again.

Mr T

Pashman,
This is the sort of garbage that irritates me and many other private punters,
"I think this should settle back to .2 to .25 to start with, any jv or exploration then 0.5to 1p minimum gla"
Where on earth did you dream that up from, have you been reading the beano today or watching Peppa !!!
Can you inform everyone on this board what company valuations your indicated prices would achieve please! and then fully explain how you come by such inflated valuations and on what basis!!! This got to around 0.040p sometime in the past, check out the number of shares in issue when it did and then check out the number in issue as of today, with more to follow imo!!!
I can't get me breath with some of the absolute tosh posted on here backed up with no facts or explanations, just silly posts spouting this that or the other!! ooh missus!!
Goodness me!

Mr T

Prospector,
I think you will find that Earache makes some very poignant points indeed, and I think as either a current holder or former holder as I am he understands Alien far more than you give him credit for. As a long term holder or former LTH you tend to give a stock a thoroughly good going over so to speak, in other words you look into every aspect of what the company is trying to portray. You also do extensive research and also look into the people controlling the company and then you look at what else they may or may not control. Question have you done this? you probably won't have done so if you are a short term trader looking for a quick 10/15% return and then moving on to the next one. I have no problem with that strategy al all but what I do have a problem with is the constant garbage spouted by some individuals who post on here. It's nonsense pure nonsense to suggest that Alien has some magic mines full of potential that will blow your socks off!! look at what these actually cost tom acquire in the first place, peanuts!!
The only positive here is a potential JV, which has been on the table for a very long time up to now? personally I don't think it will happen, Alien will have to plough a few more hundreds of thousands of pounds into their current sampling and tenements plans, has anyone actually though how Alien are to acquire this "new tenement" mentioned yesterday? If it is cash it will be costing peanuts, because Alien have none!! therefore it will be a dilutive share purchase as in the past hence the current rise in the sp, is there another placing being worked in the background to support the share purchase and also fund part of the acquisition!!
You may be right another GGP in the making! however you may also be wrong, good luck with your investment but be careful.
Mr T

Investeroid,
I do wish idiots such as yourself would stop spouting garbage on these boards. Second wave, I think you will find the good ole USA is still tackling the first wave let alone a second wave. Please for pitysake grow the f up and get back to school.
Incidentally talking schools my daughter is a deputy head at a primary school, next week they are having all years back to school on a rotation basis ignoring the blithering idiots we call a government. They are still arguing about a few statues or generally crapping themselves because they do not know what the hell they are doing.

Mr T

Des,
Yes but any investment nowadays might drive one to drink, don't you think!!
I'm mostly out of aim at the minute as that sector will be the last to recover apart from the odd one or two stocks, mostly on any good news up the sp goes, then after the initial flurry, back down it goes. A traders market if you will at the moment, although plenty of larger more stable stocks are much easier to trade at the moment, and safer in the long term.

Good luck with your choices.

Mr T

My last post aimed at Destitute, typo error, too much ale!!
Night
Mr T

Despite
You are funny!
Do yourself a favour, re read your post 15 May this year, yes barely a month ago. Go on read it. Then read all of the garbage you have posted on this board following that post!!
Takes some believing son I have to say. How do you come up with all that bull**** day in day out??
Also silver up 60% from February lows and yet son, your post in May talked about the demise of UFO. You cant get your breath reading this absolute and utter drivel in fact I think you must be on something man! to come up with this nonsense. Are you a member of the Government? They talk Betty's all day every day as well.

Mr T

Stretch,
Thats all well and good, but Alien does not have any revenue, so I can't quite work out why their profits would be up!! Question, do you think a company has to have Sales before it can generate a profit?
rising metal prices would be relevant to a Trading company yes, but to a prospecting company not really, certainly not in the long term.
Alien is way overdue a re-rate? on what evidence ? why would there be a re-rate when nothing much over the past few months has changed? I can understand many stocks currently that will and should be re-rated and are currently in that process, but Alien is not due a re-rate, and there will not be one in the near term unless you have some insider information!!!
I see Bill's presenting some investor webinar, that should take all of 2 minutes, but he will of course revisit old ground as nothing new has happened recently.
Mr T

Stretch
Why is silver flying of any concern to UFO which isn't?
UFO doesn't have any silver to sell currently therefore I cant understand why it flying would be any consequence to UFO. Could you enlighten me please.
As I said previously nothing will happen here for a few months until Bill can get back in the air. Then and only then will news appear, followed by a placing I suspect. I would put you hard earned in some decent stocks hammered down in March and now recovering significantly. You can always return to UFO at a later stage, I'm sure you won't miss anything.
Mr T

Took a small position here as I ilke the story. Will do some more research before buying more.

Prospector
Nothing at all apart from deducting the associated costs with all of those placing which will have been significant. Also some cash was exchanged for one acquisition in December. It also makes the point of how quickly Alien have munched through nearly £2 million quid in 12 months!!
Yes they have more assets now but none producing and no JV partners to speak of?
Bu the way your assumption of "nothing spent" against the latter raises is not true. Monthly outgoings will be quite high with aim listed companies even in lockdown, tears why the panic rise was done at the ridiculously low price of .08p.
Still worth a pint though having said all of that but very risky

Mr T

Prospector,

Why would you build a "war" chest at such discounted prices!! I'm afraid that does not make sense.
Yes I know they raised £700K in February, don't forget all these raises come with costs, therefore that £700K would be £625K and the £275K around £250K, and doesn't it make you wonder where the £625K disappeared to in the space of a couple months!!!!
That is why more cash will be required shortly, watch for a spike in volume and price to around .12-14p and the a placing around .10p ish, that will lead to yet more warrants and dilution for current holders!!!
Keep watching!!
Mr T

Prospector,

I think the JVA you refer to at Hammersley is fairly limited and as Alien has more or less taken on the management of the project I think you will almost certainly find that Alien will need to find the cash to move the project forward. The purchase of the project was mainly share based and therefore there is not a lot of cash sloshing about to move the project forward.
You are correct Alien is no longer a one trick pony, however, they have many projects acquired via share deals but no current way of moving any of them forward without a substantial cash injection or JV agreement with a major player.
I also doubt whether the cash will be enough, as I said the last placing was panic stations to keep the lights on during the lockdown. Trouble is that will have gone by the time Bill gets his boots back on the ground, therefore another cash raise will be required. I would have been happier if they had done one major raise months ago to raise £2M plus instead of small placings every two months at lower and lower prices!!!
I'm still watching and may dip my toe back in at some stage but need some updates and volumes to appear.

Mr T

£750K plus I meant to say!!

Stretchum,
I see very little sp action to indicate any rise at the minute. The sp has drifted to an all time low of .075, picked up a little to where it is now, still well below the level which it should be at imo. However volumes are almost non existent here at the moment, a piddly few shares are traded on a daily basis, to see any momentum upwards I would be looking for volumes in excess of 50M per day, that won't happen without any substantial news or updates, which I can't see coming for several weeks if not months!
Therefore I think the current postings regarding overhangs, big sells, big buys, price action etc are all absolute rubbish. Nothing is happening here, 8 trades today so far tell the story, and that has been much the same since the last cash raise.
My fear is that another raise will be coming in the next month or so, if that is substantial i.e. £7560K plus at a decent level then there could be some interest until then I fear this will just tread water.
Keep watching though and buy at these levels if you must, don't expect any significant rises though shortly, it will be a long wait to see significant gains here.
Just my thoughts.

Mr T

I see this board has turned into a veritable bullish free for all, on what basis I fail to understand. As a former long term holder I know quite a bit about this company and the man running the show BBG. Fact number one is that Bill travels back and forth between the UK, Australia and Mexico and each visit is usually followed by an update. The updates in Mexico have been along the same lines for many months, still looking for a JV partner.
UFO have completed several interesting acquisitions recently in Australia, but and this is crucial point, they have still not earned any revenues from any of them. I did expect the Ore mine to be a producer fairly quickly but that did not happen. The problem here is cash, they have multiple projects all could be very interesting and could attract a JV, but crucially UFO is a miniscule aim tiddler with little or no cash to be able to move these projects forward. It has always been the case particularly in Mexico that there are large players in the surrounding areas where UFO owns land with potential to mine, however nothing has come to fruition up to now, why would it??? UFO have to fully verify what is has which takes time and money, lots of it, and even then "the so called big player" could still not be interested unless the findings are substantial enough for them to be the slightest bit interested.
UFO have spent the past 12 months raising cash in the market and expanding the shares in issue but have made little or no progress other than to add capital projects to it's portfolio, with absolutely no possibility of being to move many of them forward without a substantial cash raise or a JV!!! Looking at the latest raise a piddly £275K that looked to me as desperate to keep the lights on through the current crisis. The placing price of .08p was also pitiful and was a show of desperation for cash, the previous raises had all been .14p which demonstrated some support in the sp by the market.
I will say however that if the company does not need a further raise once the crisis is passed and Bill can get back on a plane to both Mexico and Australia then one of the projects may hit the jackpot, risk V reward like all small mining or exploration stocks on aim. I am currently watching from the side-lines as I may get back in at some stage, but not at the moment as I see little progress or momentum here for a few months.
Good luck.

Mr T

Hey Si
Nice to see you pushing Infa on here, I sold out a few weeks back after getting impatient and got in here and AA. Both showing good profits, did dip my toe back into Infa again. Cine should head northwards again in the coming weeks once openings commence.
More to come here imo. Still not 50% of the sp pre lockdown.
Take care
Mr T

Excellent post putmeomlist. Inept? You talking about the yewkay ? Could be right there we have handled this crisis like a bunch of schoolboys? In fact I dont think we know what we are doing.
I think all of this has been driven by the boffins and scientists, they absolutely love it as this is what they yearn for to enable them to put their various theories into practice? Setting rules and then breaking them themselves! You couldn't make it up.
Glad your Son is ok mind 95% of people who get this virus recover easily and it now appears that the virus was in Europe in December !!
Easy 2 quid here I agree in a few months here just be patient.

Mr T

I'm in today with a relatively small amount, just for information purposes, my buy was recorded as a sell!!! mm's are incompetent imo! in this day and age trades ought to be shown correctly, no excuse for it.

Mr T

Makes a change from all the so called expert Dictir posts on here about vaccines etc. As if any of them know what they are on about!!!
Some sites out there now suggesting ways in which cinemas can reopen safely and what the initial programme of films should be or could be. Much more positive imo.
Mr T