Member Info for Steveiom

Even with a 50% rise and a 100% rise over the course of a week when news drops there's no way I'd be top slicing or selling up. This has got mega potential over the next 12 months or more and that's with what we're expecting from Mexico and Australia we haven't even started on the next hot spot which is Greenland. I'm so looking forward to the next few months and who cares if it drops sub 1p just a top up opportunity.

Volume is still tiny, no interest and let's not forget the MM's have been picking a nice percentage on each trade regardless whether a buy or sell. They won't be able to hold this back when the news starts to drop. I believe things are moving along in Mexico and I expect news from there pretty soon quickly followed by what's all happening in Australia. It's all coming together nicely.

Great to see Casa back. It was getting far too sensible here. We need some humour to brighten the day up :)

I love Sete, what a great place to chill plus some awesome sea food restaurants. Almost as nice as Aigues Mortes.

News flow is critical here, so hopefully a few who have more time on their hands can help me out. What are we still waiting on with regards to assay results, permits, drilling ect. The placing is old news but we deserve to know when, how and what that money is being spent on.

All looking good for the next 2/3 years. Not that I'm a fan of the daily mail, hats off to them for stating the obvious. Assay results could be around the corner.
https://www.dailymail.co.uk/news/article-9080509/Chinas-trade-war-Australia-backfiring-iron-ore-prices-stay-high-TWO-years.html

It's all looking good for the year ahead. I can really start to see us pushing ahead in the coming months as demand reaches new highs.
https://www.bloomberg.com/news/articles/2020-12-18/bullish-wave-seen-powering-rally-in-mining-stocks-into-next-year

Lots of ppl dumping RMS, they're realising COVID might be over before they make their first mask (joking) they'll be a lot of steady buys now leading up to solid news, then profit taking again then the real fun begins for the real money.

I think our time is coming soon.
https://www.mining.com/iron-ore-price-goes-parabolic-after-cyclone-warning/

If the last placement had of been an open offer at that issue price we could have benefit more, however it will soon be trading much less than the 1.1 so can't grumble.

Wow didn't think it would crash as quickly as this. The support has vanished much of which has to be put down to the timing of that last placement. I hope those that bought in on the spike prior to the placement don't get hurt too much because this could take a while to recover now, sentiment has disappeared.

As a long term hold the sp at the moment is irrelevant however I wouldn't touch this if I was expecting a healthy increase in the sp over the next 2 months. There are much better plays for short term gains. Long term I think we're into a winner especially when we get some decent assay results. Could hit anywhere between .9 and .7 over the next few weeks without news. Next half of 2021 could be sweet.

Interesting article in The Times about mining in Australia.
"Rio needs to build a new replacement iron ore mine in Australia every two to three year, versus 10 years for BHP, according to Barclays. The bank also says Rio has six Section 18 approvals outstanding, while BHP has none." Could this be good news for UFO?

Nice to see this drop close to the recent issue price of 1.1p just love it when the smaller players can buy a chunk at the same price as the big boys. I don't think they'll be dumping too many more at these prices.

The psychology of this is, don't buy on a spike if you're not in it long term and you haven't researched it properly. Goodbye and good luck Casa. Bring on the iron. :)

Not sure if there's any link to HEMO but still an interesting read for mice fans
https://www.independent.co.uk/news/science/cancer-cells-mice-kills-gene-editing-scientists-b1760367.html

I love BTC, a few years ago we went on a fabulous road trip to the north of sweden to install 700 S9 Miners, what a fantastic country. I don't think it's worth mining BTC it's just so difficult unless you have ultra low cost electric but worth buying into crypto. I still think junior miners offer better value especially UFO, OMI, ORR plenty to choose from for the patient.

I'd kill to load up more at a placement regardless of whether they come with warrants or not. Who wouldn't especially if the placement is for further exploration and the development of the existing portfolio. We don't need a placement to cover admin and running costs but if it's to add further value then I'd be all over it.

As soon as assay results come in for Hammersley then this will hit 3p which could be imminent. If I personally felt we'd be waiting for mid 2021 I'd be out of here. And no, the assay results are not already factored into the sp because nobody actually knows how good or bad the results will be.

MrSipp I believe you don't want to lose money, nobody does. As you are holding a huge amount in comparison to many why don't you go short, you'll make a few quid, buy back and have even more shares. Just a thought if the confidence is there about the declining sp.