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I can understand why alot of posts on the BB are quite rampy, the SP has been in a bearish pattern since the spike last year and the news flow for the first 6 months of the year was pretty stagnant. Why wouldn't investors who are probably down on their investment be looking for positive news regarding UFO and posting on this BB? It's hilarious when PI's come on the BB and accuse the likes of Max etc for being a ramper and leading investors on, firstly if new investors to UFO are doing DD by reading these boards then they shouldn't be investing in AIM exploration companies, secondly who gave these people the right to tell other investors not to post positive news about a company they are invested in? None of you are short on UFO and trying to deramp the share on a retail chatroom has ZERO effect on the SP, so why waste your time on a chatroom that mostly contains investors who are positive about their investment and hoping in the long run to profit from it. If you're long and holding why spend all your time being totally negative about the company, its not going to change peoples minds on the BB because they would/should have made the decision to invest without being influenced by anything posted on here and it won't change the SP in the slightest so why bother?
Not sure whats changed over the last couple of days apart from Chris turning up? We are still waiting on results, Jan should be interesting, I am concerned that UFO is going to be spread quite thin next year and 7 million isn't going to go far? I think most PI's would like Bill to concentrate on Oz next year and I have to agree with a point Chris made earlier, we are just drilling holes at present and I would like to see Bill concentrate efforts on generating income over the next 18 months. But I think its a positive finish to the year, I'm not concerned with the current SP, theres alot of ground to drill next year and funds to do it so I'm happy with my current position, lets see what Jan brings.
40x I can't even comprehend a number like that, I'll be happy when we are north of 1p, I know its risky but thinking of picking up some more on monday might get to 10 before the end of the year, whats the worst that could happen with an AIM exploration miner during a covid pandemic and sky rocketing inflation...
Hi norm, I agree the SP is not reflective of the company fundamentals, I feel more comfortable with my UFO holding now than when the SP was at 3p last year, this year has been a tough year for miners and I like you have no idea when things will turn around but the longer the sector is down the more time UFO has to prove up assets and when the sentiment changes hopefully we will have more ground proven and more ground to drill.
@dip666, GGP does look very tempting with havieron and the potential PM bull run once inflation really kicks in, its difficult to gauge when to jump in to GGP, SP is quite volatile at the minute, I'll have a look at your profile for AGM notes, thanks.
But what if they don't max? Bill has done a great job this year but he hasn't hit every dealine and things have slipped, we have less than a week until markets close and I'm not 100% convinced it will land, if it does i'll be as happy as the next man but its been a rough year and it wouldn't surprise me if we hear nothing until the new year.
@johncott, I've held a few lithium stocks since last year and I' also starting to wonder if the european miners are starting to lag some of the other producers, ZNWD are not the best when it comes to news flow, but given its location it seems an obvious choice for german car manufacturers, 2022 will be interesting, what other lithium stocks are you holding?
Max I love your passion for UFO and you're posts are often very informative, but nobody knows when news is going to land, I hope its next week as I'm sure most PI's on here do but with the way this year has gone I'm fully expecting no news until after xmas, I'm in for the next few years now so I've stopped worrying about the day to day price action now. Really considering picking up some GGP before year end, thoughts any current GGP holders?
Love all the positivity and I have no idea where the SP will be next year, as long as its over my average of 1.3p end of Q1 2022 I'll be happy. I am SICK of looking at my account and UFO being red, we are starting to build some momentum and the opportunities next year look substantial, as long as Bill keeps us updated and keeps up the progression I'm happy to hold UFO for the next few years, looking forward to see where the SP will be in 12 months.
@smiller, the way the SP has reacted to news this year you might get chance to buy at a lower SP when the EH results land! I'm still averaging down but still averaging over 1p but I agree I think the long term potential here is really positive, multibag in a few years would be worth all the stress this year. EH results and news on mexico permits would be a nice xmas present from Bill, heres hoping....
@smiller did you hit target for buying shares? picked a few up on the drops, i'm only 500k short, hope i can get there before EH results land, looking forward to 2022 myself, it couldn't get any worse than this year , I never thought we'd be at these levels at xmas.
IONQ on the nasdaq at $ 18.85?
Thats what I'm hoping, theres so much going on at the minute all of which have the potential to make the markets tank, new covid variant, Russia posturing on the Ukrainian Border, Evergrande defaulting, it never ends! Hoping for a quieter year next year and a nice build up of the SP...
Not sure if its already been discussed but as I'm sure you all already know about the default this week, there's talk of this pulling down global markets if Chinese government don't step in, might have a run in PM's sooner than we thought, not sure how this is going to effect iron ore demand next year?Thoughts?