Member Info for PaulQ

@rees you've changed your tune, your optimistic for once!! Haha welcome to the light side my friend

@iphonetrader .. what are you smoking? An II isn't going to buy 2.5 million quids worth and then sell it straight away. Bill would have made sure of their intentions and their eagerness to buy immediately is due to them seeing where this is going, which isn't to 2p but 7p plus all the way to 11p in the next 12-18months imo.

Look at ggp the institutional investor their sold out at around 23p after an initial investment of around the 5p mark so they nearly 5 bagged. SAME STORY HERE. THEY WILL WANNA 5 BAG PLUS!

TRUST BILL, he got us this far and knows his stuff. This placing wasn't a knee jerk reaction but a calculated move for the benefit of future growth. All Imo dyor

Good riddens to them! They are the real losers

Even more crazy the British bulls are still recommending to stay short.. hahaha may aswell get burnt by Satan himself ..

Yeah agreed this rise is pathetic show us a proper price 3p plus ...

When you look at ufo share price growth this year it has been like this..

Grow , placing (which then draws a line in the sand and sets the bottom bar)

Grow , placing, grow placing etc. .

The fact is that it works and 1.1 is the line in the sand now. Multiples from here imo

@ Max,

Yes I went through the last placing too. So we both hardened from that and know whats next!

@Pops look at last week we hit rock bottom at 1.13 and this was probably when the deal was initially struck with the institutional investors. We then rocketed for Thursday and Friday... maybe a smaller rise today and Friday.

Then good news next week and going forward. Ufo can do 100pc in a day, recent history has taught us that and I'm not giving my golden tickets to anyone

Yes all the damage that can be done has been done ... by you.. upside from here .. capitalgains5 called it on advfn next week should be the week to set off a steady rise.

All this chat about ftse, nasdaq and dow bounce... they already have! Time for realisation to set in

More spread that your mothers toast... what do you guys think the reason for this is?

That is where they test for the structural model of the mineralisation and from that can best plan out the mine for maximum recovery of assets.

The assay results are from top level collections. If precious metal concentrations are found near the surface then that is even better as it means you need to spend less to get more.. which is what we are hoping. Anybody feel free to correct me if I am wrong on any points

Cheers Happy good first post. Thanks for sharing your thoughts

Hammersley

Super low volume today around one quarter of the average.

My thinking is that the Market makers have used this to walk the price down and flush out weak private investors and grab what cheap shares they can.

They know whats coming... we know what's coming... they want a war chest of shares to deal when news drops on Mexico and the assay results plus the other surprises Mr Good has up his sleeve.

Which basically means he wants institutions to steady the ship and take us to the next level

The bears here are citing the following:-

1. Loss of confidence in BOD due to placing: on the flip side this share has grown 1000pc this year alone on multiple placings and now we are cashed up ready to speed up progress and grow quicker than before. Bill has got us this far so why doubt him now we are already in pole position.

2. Scare mongering the share price won't recover:- Have a laugh ! The placing has only slightly delayed the share price increase coupled with other factors but the reality is we are going places and fast. News will soon drop and brakes will be off.

3. The brokers letting in their friends on the cheap:- this kind of thing happen but nothing to suggest it has happened here and if it did well that tells you money is to be made here with a little patience. We have institutions now queuing up at the door wanting to throw money at us! That's brilliant.

4. ****ging off other members and repeating negative posts:- if someone keeps repeating something does it make it any more real? YES if you haven't researched the company and trust your decisions.

All in my opinion. I'll be sitting on my hands and topping up when I can afford to. Our addition to the micro cap funds index at the end of the month is a massive positive for me.

Casa, something is brewing here. On rumour alone this will be bullish . Ufo has always been buy the rumour and buy even more on news.

With the line up we have here its only a matter of time before the bulls have free reign and the re rate will happen to bring us up to reflect a better value

I don't want to see another placing until we are at 4-5p !

We can monetize oil and gas?

Any thoughts?

1.25 bid
1.45 ask

Its so annoying when uneducated people like CHRISP take a punt on shares without research and then pander to message boards to air unwarranted concerns.

This share imo is low risk and recent joint venture, cash at Bank and explorations and licences in excellent locations make it worth 11p in the mid term and 5 to 6p in the next six months. Dyor