RE: There's Day Trading and There's Investing6 Mar 2021 14:17
The fact is we only have to look at other niners such as greatland , oriole , rambler etc that all have overshot in the past couple of months and are no in consolidation. We have already been through all this and are ready for the next leg up.
Slv is the only thing keeping silver price depressed however there will be a de coupling between paper and physical soon enough as spot price for physical is around 10 bucks higher than paper and that can only go on for so long.
Donovan 2 will be a side show compared to the iron ore and silver we are sitting on.
When you look at what Turner pope have priced in its a joke. I have no idea why they are so pessimistic but I suppose it is so we over shoot their expectations and bill has a nice placing at the 2.2p mark later this year.
I believe that placing will be to mine the DSO ourselves and possibly start on the existing silver mine infrastructure that is there. If we do instigate those mines ourselves we are looking at 20p plus if we joint venture them off we are looking at around 7/8p and if we just do the DSO we are looking at around 13p.
The silver squeeze if it blows to 40 bucks an ounce will push ufo to 3p alone without much further news.
Remember how small our current mega cap is! Bag of potential here. Yes its grown since last year but that was just a shell of a company. Bill has stacked aload of muscle on the skin and bones of this Alien! All imo as a long term hold