Member Info for PaulQ

All technicals point to a strong buy, and why wouldn't they with silver, iron ore and copper at highs and rising rapidly! Multi commodity exposure here with Alien Metals.

@goingtothemoonufo your forgetting the DSO iron ore project could avoid any placing. If there is a placing it will be considerably higher than the last one at 1.1p. The one before that was around 0.6p so maybe next one will be at 2.2p or above depending how the metals bull run turns out? If the SP hits 10p short term then the dilution would be minimal imo

Hi guys, I just want to stick my ore in and say BOOM TIME !

@silverhorse yes it will be but let's not get hung up on the SP as short term if you sell you will get fleeced. Opportunity if my lifetime this share. One way ticket

I think he took 0.07 and times'd it by 7

Implementation of the finalised Basel III reforms, which were agreed in December 2017 and will take effect from January 2023, has started but is still at a very early stage.

With faster economic growth and accelerating inflation, we should see the yield curve for silver ramp-up to new cycle highs. That is where the industrial demand for Silver kicks into high gear, and Gold tries to hang on for dear life. We have always seen Silver act as the victim of Gold price movements and due to the nature of leveraged short-sellers. Well, this time around, looking at CFTC non-commercial net long positioning, we can identify that Gold has roughly half as many net longs as its one-year average while Silver is quietly is building week over week. Rising yields will lead to continued "trimming" of Gold longs; however, the price of Gold may not see the sizable correction one would expect and actually will "drift" higher due to the rising demand for Silver as an asset. While Gold is just a currency that sits in a vault collecting zero interest, Silver, on the other hand, acts as an inflation hedge and industrial metal.

https://www.fxstreet.com/analysis/want-to-know-where-silver-prices-are-heading-next-just-take-a-look-at-copper-video-202105141044

Look at copper to see where silver prices are heading says this article on fxstreet

He is a legend for being one of the worst performers..

@jwoz totally agree. Spot on!!! £££'s!!!

https://www.reuters.com/breakingviews/crazy-metal-prices-inflate-miners-capex-conundrum-2021-05-14/

I announced my arrival on the RMM board and said it compliments my holding in UFO that was it. Chris2 got too much time on his hands to go through peoples post history. Sad act and not even invested. Only shows up now when bb is quiet on weekends.

Peddling Chris2's mum on the weekend :D

There will be a summer lockdown I reckon, the idea was poo pooed the other week but is now becoming a reality. The government's are doing all in their power to crush the economy , the lack of border control is just the tip of the iceberg, Boris and Co are incompetent to allow a new strain into the British Isles.

I'm fully loaded on these bad boys. Come rain or shine in the next month or so I'm a Lth, not selling a bean until it 10x bags

https://www.kitco.com/news/2021-05-13/U-K-Royal-Mint-sees-540-increase-in-silver-bar-demand.html

I'll post the links i can find on here as am a info finder by nature.

http://www.asx.com.au/asxpdf/20180116/pdf/43qvcwj3xms99x.pdf

This pdf states that wombat resource pty ltd is owned by Daniel Smith who is director of Minerva Corporate amongst many other mining companies.

They must be proceeding with the silver tailing project or they would have announced otherwise by now surely ? The 60 days exclusivity deal was up last Sunday, so must be negotiating terms.

Minsur’s San Rafael tin operation in Peru repaid the $24 million capital cost that came with buying a TOMRA 3,000 t/d XRT ore sorter within four months of installation.

They can just buy it with a load and pay it back. Easy

What kind of joke is this! A drop and no stock to buy... mm clowns

A cheeky entry under 0.4p , will be a LTH here as it compliments by holding in UFO. Hello all and looking forward to learning and contributing to this board.