focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
This share and the PM market in general has been challenging for both traders and investors. Therefore, i constantly remind you that they are two different things, trading is short-term and could last days, weeks, or months. Investing is for the long-term, months to years.
The price action is consistent with these crappy conditions we are witnessing. Volume is light in all markets. Although I am long I am now passive, not looking to add to my positions currently.
Patience, discipline, and money management always win the day. Let the map of the markets show you the way.
1. At 3.2p is was bang on the downside valuation of hammersley.
2. Not everyone is a trader and nobody can know the top or bottom, however the bottom is easier to spot than the top!
3. Nap posting on here or any other board will have no effect on the share price either way.
4. If nobody was buying you wouldn't be able to sell and it would be an illiquid stock which it is not.
Can someone who isn't dyslexic with numbers check the maths on that zinc project as my calculator nearly ran out of digits. Can't be right surely? Would dwarf the iron ore ?? Let me know the calcs thanks in advance
Expanding Licence Areas??
In recent weeks, the company was granted a 208 km2 exploration licence by Ironbark Zinc surrounding the Citronen zinc-lead project, a high-grade metal project located in northern Greenland which is believed to be one of the world's largest undeveloped zinc-lead projects.??
The minerals exploration and development company said the project holds a JORC resource of 131.1m tonnes @ 4.5% zinc and lead for 13bn pounds of contained zinc and lead metal.??
The licence is valid until 31 December 2023 and continues UFO’s strategy of identifying counter-cyclical opportunities in first class mining jurisdictions with ‘excellent upside potential.’???
"The Company and its advisers continue to assess new projects and identified an opportunity to secure an exploration footprint in northern Greenland on strike and adjacent to the world class undeveloped Citronen zinc-lead project,”? said CEO, Bill Brodie Good.??
IBK believes the projects offer an attractive entry into one of the world's premier silver belts and will soon start marketing them to a range of potential investors and project partners.??
https://www.fxempire.com/forecasts/article/the-silver-bull-is-not-transitory-750350
Silver seems to be putting in some technical work in a sideways consolidation pattern. While COVID hits many parts of the world, industrial output slows. Still, there seems to be no end in sight for the 1st world to gobble up our electronic gadgets (see AAPL stock as a reminder). There will be a point where our profligate ways will be taxed by inflation, and we think Silver will be the inverse and rally as we learn the hard lessons. It’s important to note that in a true Bull Market in metals, Silver joins the party late but crushes the performance of all other precious metals on a relative basis.
He said he was short on gold and silver and I believe he made that public knowledge because he is about to close his short and go long. Everything is pointing to this autumn for stagflation or signing inflation. The fed has already admitted to "temporary inflation" and i believe silver and ufo have had a break out and are now finishing their consolidation and ready for a big blow out on the next breakout. I would have wished for it to come sooner but the governments have been man handling the free market and putting off the inevitable. The feel good feeling of a restriction free summer will come crashing down and those of us here that hold strong for what we want which is 10p plus will be rewarded with the macro economic factors and ufo natural news flow that is coming. Iron ore and silver we have hedged out bets well.
https://m.youtube.com/watch?v=iAKyMnq_pdA&feature=share
A must watch. US job numbers are good because people are going back to work after being off after 12 months. In another 12 months we will see the real picture and it won't be as pretty! Imo
Fastest rise in inflation since 2008 sets alarm bells ringing
Fuel, food and transport costs soar in the 38 OECD nations as central banks debate when to scale back Covid stimulus schemes
https://www.telegraph.co.uk/business/2021/07/05/fastest-rise-inflation-since-2008-sets-alarm-bells-ringing/