Member Info for Xataxx

UFO is likely to drop a bomb very very soon. Staying out if you were in will be regretful.

I will stop guessing the SP after looking at GGP, EUA and AST. The rise could be bonkers depending what is sitting underground. Due diligence and mines history is promising. JV is the way to move forward. With silver in play now and for sometime to come the value of UFO will multiplier effect.

That in turn bodes well for companies that predominantly produce silver, like Fresnillo (LON:FRES), or companies that have significant silver components to their exploration efforts, like Alien Metals (LON:UFO).

This week Citi upgraded Fresnillo from hold to buy, setting a price target of 1,250p, while Alien is rated a buy by analysts at First Equity. First Equity said it was “surprising” that the Alien share price hadn’t reacted to the upward move in silver, leaving open the possibility that a delayed reaction re-rating might be on the cards.

Those who think this will not do as well as GGP or Eua are mistaken. Some reading required to understand the background. For me this is not even the start.

Silver is unstoppable now at USD20.99.

UFO is sitting on cash mine just need the key to enter. JV is now becoming more eminent. Silver will attract a lot of big boys to the Club.

This is not even the start. This will mega multibag up on JV and Drilling. Silver rich. Did they follow JP morgan silver reserves strategy not sure still trying to figure it out.

Silver shinning. Metals way to go. UFO will become a monster once we have hands on those nuggets underneath.

Metals will rule. All UFO need at this time is a JV and digging. I dont see this anywhere below 10p in the long run

Thanks for the advice Mr T. I have a very limited exposure in this and losing will not shake up anything at my end. However, upside is likely to be a lot more exotic. I have more than 70% invested in physical metals and sitting on a huge stash. Good luck all.

I wonder why would someone not invested and so negative take the time to write paragraphs to convince public not to invest in UFO. Gives me headache followed by an earache.

Just remember Solg. This is going to be very similar. JVs and metal prices will push this along the way.

The is next Solg. I keep saying this because they picked up projects in Iron and silver when other were after PT and Au mostly. If they get what their aiming at this will be bigger than EUA short term.

Gaining traction. This will blow very soon. Just needs a little more work on the sites. Billy O Billy.

I strongly believe Billy's hit the jackpot. No wonder they keep raising cash because they want to get in it. He kept saying we might do the work for others. This will rise above other very soon. Solg. style coming soon.

Rio Tinto, Anglo-Australian mining giant, was given permission to carry out the blasts back 2013 under Section 18 of the WA Aboriginal Heritage Act to expand its iron ore mine in Western Pilbara.

Over the weekend, Rio Tinto detonated explosives near the Juukan Gorge caves — culturally significant sites that date back more than 46,000 years. 

“In 2013, Ministerial consent was granted to allow Rio Tinto to conduct activity at the Brockman 4 mine that would impact Juukan 1 and Juukan 2 rock shelters,” ABC quoted a company spokesperson as saying on Tuesday. “[Rio Tinto] has, where practicable, modified its operations to avoid heritage impacts and to protect places of cultural significance to the group.”

The Brockman 4 iron ore mine is located in the area of the Juukan Gorge, which sits about 60 kilometres north-west of Mount Tom Price. 

The Puutu ****i Kurrama (PKK) traditional land owners said it was feared that the two ancient rock shelters were decimated by the blast. 

“Our people are deeply troubled and saddened by the destruction of these rock shelters and are grieving the loss of connection to our ancestors as well as our land,” ABC quoted John Ashburton, chair of the Puutu ****i Kurrama Land Committee, as saying. “We recognise that Rio Tinto has complied with its legal obligations, but we are gravely concerned at the inflexibility of the regulatory system.”

Lets start the digging Billy.

I have been saying that UFO will be very similar to Solg. Did you also know that JP morgan bank has been accumulating silver since 2011. They are the biggest holder in the world and they are not fools and so is Billy. This could easily be 300 mill cap company.

Watch this space. This share will one of the stars in mining in a year's time.

Get ready for another blood bath in the morning. Drop to 47p