USL - Unico Silver

[Joules MM1]

still looks good, altho i'm flat on it pre-assay, it's the low scrip at market that makes it still worth watch

 

[Joules MM1]

thought i'd add something to this thread as it's my top pick in the 2021 competition and because so many
have already contributed to this (checks notes) um thread...ok coz no one has contributed to this thread and um.....

tightly held, more assays in the new year, could be a splash or crash after the news release dash-for-cash etc etc

 

[Joules MM1]

scrip at market upto 148mm
still tight ish

05/10/2021

9:06 am AEDT

Gold and silver assays confirm Malvina discovery

28

 

[Joules MM1]

16m at 15gpt Au, 22gpt Ag at new Andrea Sur discovery
22 November 2021
E2 Metals (E2 or the Company) is pleased to announce the discovery of significant gold
mineralisation from the first scout holes at Andrea Sur.

 

[finicky]

Oowee

Good one @Joules MM1 ?
Also T Locantro pulls off another one (#5 on his cal 2021 list of predictions)

 

[greggles]

Assay results look promising. Some very high grades close to the surface. The two holes were drilled 120 metres apart, so it can be inferred that there is probably quite a bit of gold at Andrea Sur. Follow up drilling should be interesting.

 

[frugal.rock]

Eric Sprott now substantial shareholder on E2 Metals’ register after $8.5m raising

Legendary North American investor Eric Sprott has become a substantial shareholder in E2 Metals (ASX: E2M) after taking a large chunk of a new $8.5

smallcaps.com.au

 

[Dona Ferentes]

that took a while .... 17 March; a placement of new fully paid ordinary shares to institutional and sophisticated investors. Strong support was shown for the Placement from a broad range of high quality, domestic and international institutional investors, including renowned global investor Eric Sprott who will emerge as a substantial shareholder. The $8.5 million and was done at 17.5c, plus attaching option on 1:2 basis, exercisable at $0.26 to expire on 31 March 2024.

Sprott announced his 8.61% holding a few weeks ago.

 

[System]

On March 6th, 2023, E2 Metals Limited (E2M) changed its name and ASX code to Unico Silver Limited (USL).

 

[frugal.rock]

Chart update after name change.

 

[Telamelo]

Chart update after name change.

View attachment 155738

 

[Telamelo]

View attachment 157065

USL Managing director, Todd Williams, said the MRE was delivered at an all-in discovery and acquisition costs of just $0.27 per silver equivalent ounce.

“This mineral resource update is a huge step forward in our corporate aspirations of being a globally relevant silver development company,” he said.

“The size and grade of the MRE provides us with significant scale and elevates us into a new peer group, where on an enterprise value to resource ounce basis, Unico appears significantly undervalued.”

“This is a foundational resource that we will seek to grow, through exploration and further sensible district consolidation.”

Unico Silver increases Cerro Leon silver equivalent resource to 92 million ounces

Unico Silver (ASX: USL) has unveiled a potentially company changing silver equivalent resource of 92 million ounces at its recently acquired Cerro Leon

smallcaps.com.au

 

[Telamelo]

Silver moved up +1.64% last Friday night.. hopefully it can regain/build up some momentum during this week ahead.

Unico Silver Ltd (ASX:USL) Share Price - Market Index

Today's USL share price, stock chart and announcements. View dividend history, insider trades and ASX analyst consensus.

www.marketindex.com.au

 

[Telamelo]

Unico Silver USL technicals suggest a "Golden Cross" made as 50dma rose just above 200dma (traditionally a bullish sign).

Recent cap. raising completed @0.135c

Also, noticed an earlier 'open price gap' between 0.16c to 0.17c yet to fill/close

USL Share Technical Analysis | Unico Silver Limited

Current Technical Analysis and interactive chart for $USL stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.

asx.swingtradebot.com

Unico Silver Ltd (ASX:USL) Share Price - Market Index

Today's USL share price, stock chart and announcements. View dividend history, insider trades and ASX analyst consensus.

www.marketindex.com.au

DYOR

Cheers tela