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Silver has not even started. Drama starts at $30. The world has woken up to the reality and start valuing the real value of metals especially silver. UFO is a perfect and well funded company to silver bulls. New investors invest small and hold. The upside is worth the risk. Good luck and happy Friday.
I am expecting metals to go mental this week. Expect fireworks. UFO is equity but favoring metals will keep us afloat. It's time to fill our boots. However, wait for the dips if you are a cautious investor. If silver impacts UFO than you know the should the answer but always DYOR.
I did not listen to anyone when I invested. I don't emotionally attach myself to any share I invest in. Therefore, do your own research. I invested in UFO after reading about Bill and the potential metals have in the long run. I am long on this one and not jumping ships as I am a small sailor. Be wise and mindful not emotional. Good night.
It is too early to say if it was an underhand move. Bill has turned the company around in the last 12 months. No one thought that Bill would get a JV( capstone) that soon and another one to follow soon. Alongside he has been able to get more projects under his belt, these projects are very lucrative on paper and historically. If you think that this was an underhand move then Bill has more skin in the game than anyone else. He is expected to lose out more for a few million when there is a lot more otherwise. I am still researching the possibility of this placing or such cashflow buildup. I expect Bill to update the market very soon probably at the AGM or through RNS. May be such cash is required to feed the upcoming JV (s), or perhaps, another project (license ) for further diversification. Think again if it was a dodgy deal then why JV with capstones. I suggest to hold selling until the AGM on Wednesday or until Friday afternoon at the latest. I am positive about UFO maybe I am in profit or maybe I see no change in the fundamentals since Bill last spoke to the market. UFO had less than £500k cash flow a year ago and now UFO has 9 times more (£4.5M), Avg. SP rise of 500% the least. Again I would say DYOR and be wise with your decisions. Mining shares require balls of steel and a lot of patience. Thanks. Xataxx.
https://www.kitco.com/news/2020-11-20/Is-40-silver-price-possible-in-2021.html
(Kitco News) - Once industrial demand picks up, more tailwinds for silver will push the metal closer to the $35 to $40 an ounce range next year, said Peter Hug, global trading director of Kitco Metals.
“There’s two elements. One, if we got the inflation scenario and gold took off, silver being an industrial metal, with the economies rebuilding and regenerating, we’ll get an industrial component of demand coming into the silver market and push silver from a ratio perspective higher than gold where the ratio is currently,” Hug said.
Casavajina- hahahahahahhaahah
Thats is funny. Now let get serious. Casa- please could explain why UFO would do another placing on what grounds. They have £2 million sitting in the bank. Your experience of Turner pope kept aside justify why another placing. You hold premier account with LSE so I expect a sensible and meaningful reply. Thanks
From my experience on the chat boards when posts exceed the number of trades it's either the company is too hot or things have gone down. In Aliens case this is on the path to becoming a monster. Like busy boards with some comedians. I have been on this board when total posts for a week used to be under 5. People from last here on this board, do you remember Simon, he is still here ? hahahah.
Hope everyone is well. Wow, that is drop and a half since the last week. I will say again mining isn't for the impatient one. When the SP went up a couple of hundred % everyone became an advocate on this board. Now that it is dropping blame game has started. Every day UFO is inching closer towards their goal based on their strategies. MAX has put down excellent information and at times he has repeated to reiterate. Thank you, Max.
Folks, who have invested and believe in the company stay clam when someone tries to stir. The SP will take care of itself once we get to more firm stages of the planned developments. The push will come when institutions take notice of UFO and believe me this will be hard to ignore. Bill, has mentioned that he is looking into other projects, another JV. I am very interested to know what sort of projects he is looking at. Cobalt maybe..(I wish). Have faith and stay calm. DYOR and be wise with your money and in your decision. Thanks.
How naive to say Max has caused the damage. Max you might as well stand for the next election. People listen to you. If people make money then Max thank you and for loss you are the culprit. Personal investment should be done by due diligence not my reading boards. I want to say a lot but come on its Friday. Dyor Dyor Dyor. Those who want to get rich overnight please make your way to the casinos mining is not super hyper active children.
This week will jolt the markets from all corners. US Elections, Crude Oil Inventory report, FED policy decision and lastly US labour report on Friday. You never no if Billy wants to throw in a sizzling RNS by Friday. GL and strap in for a roller coaster ride. Storm about to come.
I don’t usually care much about elections. Although, I vote every year. First of all, it’s regardless who wins the US election when it comes to metals. The puppet will have to follow the script and that is keep bothering the rest of the world, Interfere and rob along side their own way of herding locals. Metals have long been due an upside as there has been enough proven suppression and market manipulation. UFO has been promising thus far and if all goes well in the near future then metals upside will take this company to higher tiers. IMO.
Enjoy the weekend, let the Sp take care of itself. Stay safe & leave the rest to the nature.