RE: So what is next30 Oct 2020 11:24
Sorry Napthman but you are completely wrong. If it makes you any happier I could say things like
"We will be at 6 p by the end of the year."
" We will be at 20 p this time next year"
but I prefer my predictions to be based on facts.
If you want my views -
Back in the spring / summer (June time) I decided that Precious Metals were the place to be - particularly silver which was then definitely undervalued . The amount of money being printed worldwide by Governments and the inevitable inflation which would then result pushed me in this direction. Initially I went into funds (eg Ruffer, DM Charteris ) and made some money but they tend to be predominantly gold focused and their performance lately has not been that good. Gradually I moved into shares and as time has gone on have moved from the bigger boys (eg Fresnillo and Centamin) to junior miners.
I found UFO in July and initially bought at 0.17p. The silver connection particularly appealed. Unfortunately I panicked and sold most of those (only a 50% profit!!) but have been topping up since then. I am now sitting on a 300% plus profit in my SIPP and a 70% profit in my (tax free) ISA. I just wish I had my largest holding in my SIPP.
I have therefore seen the company rise very quickly from a Market Cap of c. £10million to (at one stage) £70 million. I now wonder how much further they can go. I have several other junior miners but none of them has done as well as UFO and UFO are by far my largest holding. The attractions of UFO are obvious but I am just nervous about how far we can go. I have never had a multi bagger like this before, have no intention of selling but do not want to see my holding disappear in a puff of smoke. I just want some justification for a higher Market Cap and sometimes on this board I find posts which give me comfort .
I read this board for many months before registering and then posting. I have been absolutely staggered by the condescending, judgemental attitude of people like you. Max is quite clearly a ramper (I hope he is successful in ramping the share price but he shouldn't be so obvious) but I am amazed how if anyone does not give unqualified support to Max and his ramping they get jumped upon by people. It definitely is not healthy to be so unquestionably bullish on any financial transaction. Owning a share is not like supporting a football team!!
I hope that I haven't gone on too long. Filter me out if you wish - I really couldn't care less if you do. I just think that it is very sad how people on this board cannot possibly read any opinion which does not tally with their own views.
Believe me or not - I don't really care.