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@wents.. not really was only a joke.. but who knows right ? ;-]
but I know what you mean.. especially in the world of AI.. I might be the only Human on here lol.. maybe i am in the Matrix..
What a waste of two thousand messages.. ;-] ive spent far too much time on here.. but i keep coming back for some reason.. maybe thats why i didnt sell back in 2020 as i would have not had anything to talk about all day..
@Lyndon.. Im not too bothered about the Ore price either.. i think it might stay at a reasonable level fingers crossed.. my point was about the missed opportunity that UFO had if they had got things going when they said they would .. we are now nearly two years behind the initial expectations.
I am aware of all the arguments about mining etc.. but since the start of 2023 UFO have seemingly been in this lethargy where nothing much goes on..
As i mentioned I did buy some more this morning.. so im still backing UFO .. but good god its difficult to justify given their performance..
Ill leave that all behind.. but we really do need some good news for any of this momentum to stick..
@Smiller yep that boat has sailed I think ?.. we really needed to get Hanc0ck up and running then use the proceeds to drill the life out of EH / Munni.
I would think a JV on EH is now the best we might get..
@HH you have been spot on about the trend .. I use a 365 Average true range line on my chart and to the top of the downtrend, the price needs to hit about 0.222 so we have not yet tested upper downtrend line.. just yet..
we managed this test just before Xmas but it was a fake out.. and the trend continued down.
for me I will get really bullish when I hear some actual good news.. I did have a mini buy this morning, but as nice as today has been I remain pretty angry at the BoD for how they have taken us to these levels..
Well they might start slowing this down now.. 0.20 seem to be the ceiling by the looks of them all camped out of the bid..
Still nice to watch this morning.. its been a while since we had anything like this happen at UFO..
Its hard to say.. it might just be people re-positioning in the new tax year etc.. I have bought some this morning for that reason alone.. Some doing Bed and ISA etc.. ?
Also the MM's have been ticking this down for no good reason for weeks..
A key price point for Silver now.. might get a pull back off the breakout line ? might not..
but its edging ever closer to the break above the 2021 High.. then not sure where it might go as Gold is much higher
@Yayay your right.. but only some of us are getting paid.. ;-]
Lets be honest most people are perpetually bored doing some mundane job and just prefer to get into an argument on some random chat board about some random little company that might or might not ever do anything meaningful..
its all a bit of a laugh to pass the day..
Maybe one day we should all have a meet up and sort it all out.. maybe a boxing match between Chris2 and Max111 ..
but when only one of them show up then we will have our answer.. they are the same person.. like in fight club..
@5x5. By the logic of silver squeeze. If it goes to $50 I would be staggered if UFO doesn’t react at all.
But you’re right. The Bod need to do something not just rely on a theory that silver might go to ATH.
Exactly.. the price halved from the spike by that date..
Look at the charts at the time:
WSBN
OMI
GGP
EUA
They all went to the moon during the same period.. even BEM went 100% ..
My point is that only the Silver squeeze could reasonably be linked to the price of Silver.. late 2020 was different..
Wentsland wind your neck in mate.. i was only musing about the price action not the news.. and only in relation to Silver.. nothing else.. which i explained.
Thats why i used the words Hypothetical.. you cannot seriously think that an IP survey pushed the SP up 1500% !! the whole market went Banana's.. this is why I mentioned the liquidity..
Yeah @Bobson i dont doubt it.. Hanc0ck is clearly the number one issue.. and remains so.. and i remain un-convinced by anything UFO say at the moment..
i do wonder however that should the Silver price really take off then it will bring a lot of punters that will just find UFO out of curiosity alone.. they wont have the scars that most of us bear.
My thoughts were really around hypothetical notions.. the MCAP is so low now that UFO could be one of the cheapest Silver stocks on earth..