By: sancroxip 6/03/2007 5:04 pm Yahoo! Profile: sancroxip Did this message offend you? Sign in to report abuse |
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| RSC, RSC.V, HAT AND HAT.V SHOW AS INVALID STOCK CODES, WHAT ARE THE COMPANY NAMES, PLEASE ? |
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By: gbtalldat 6/03/2007 10:19 am Yahoo! Profile: gbtalldat Did this message offend you? Sign in to report abuse |
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| Forget to mention: no one has mentioned the upcoming labor party conference at end of April. From what I gather from the news reports, the consensus is that labor will change its mining policy, freeing things up. I expect anticipation of this decision is what has sent juniors up in the past few months (apart from the recent drop due to the world-wide market crash). Is the good news expected in April already reckoned in to the recent price gains? |
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By: gbtalldat 6/03/2007 10:13 am Yahoo! Profile: gbtalldat Did this message offend you? Sign in to report abuse |
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Does anyone follow Korab Resources, KOR.AX? It seems they had their ipo in sept 05 at 25 cents. Now trading at 60 cents. They're going to spin off their uranium assets into a company called Uranium Australia. Korab holders will get some Uranium Australia shares but there is a cut-off date which may have passed already, their website is unclear about that.
http://www.korabresources.com.au/index.html
Anyway, it may just be sheep pasture, like most junior mining stocks. Just wondering if it had caught anyone's attention besides mine. |
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By: johker23 3/03/2007 9:26 am Yahoo! Profile: johker23 Did this message offend you? Sign in to report abuse |
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| uranium juniors have been a play for a while i have found a crazy dude on u tube,,,,, he has been giving stock tips for a while ,,, he is a bit funny but he is on the ball...look up punta23 when u log onto u tube... seems he likes all your picks |
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By: inves88 3/03/2007 5:21 am Yahoo! Profile: inves88 Did this message offend you? Sign in to report abuse |
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| Like all investment..you have to consider how long you intend to stay on course for Uranium..BHP (ex-WMC) will be a major player in the future..China and India will be the big players. Forget about Aussie, too hard basket-politically..One thing for sure..when the spot auction take place, the price of Uranium will/can only go up. Supply/demand will make sure of that. And throw in Iran's (Oil riches $$$) nuclear ambition, they will need the stuff too..black market?? would also drive the price up. All in all, my 2ct, go for the companies that will have production coming on stream soon..there is where the cash is. |
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By: pol_pak 1/03/2007 3:52 pm Yahoo! Profile: pol_pak Did this message offend you? Sign in to report abuse |
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News has an article by Maria Hawthorne, Chief Political Correspondent AAP with Treasurer Peter Costello seeing no point Australia switching to nuclear power for another decade, reasoning no sense adopting so controversial an energy source until at least it's cheaper than current power sources.
Doubt he is worried about selling it whilst price is right :-) |
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By: daytrader07aus 26/02/2007 12:28 pm Yahoo! Profile: daytrader07aus Did this message offend you? Sign in to report abuse |
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anyone know anything about the status of AGS?
Apparently we were suppose to be waiting for a chemical report to be released. anyone know when that is coming out?
Cheers
D |
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By: s4074433 26/02/2007 8:54 am Yahoo! Profile: s4074433 Did this message offend you? Sign in to report abuse |
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steevie76
Care to provide us with some reason as to why that might be the case?
I recently closed a position on UTO (ASX), which I entered at around 58 cents. The things is, I was able to sell it off at 90 cents event though the market price is only 80 cents. I know they've signed a major announcement just very recently, but I am still wondering whether someone knows something I don't. Maybe it's not too late to re-enter the trade again, but there are plenty of other companies to choose from as well, I am keeping an eye on DYL and GRK. |
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By: steevie76 25/02/2007 10:02 am |
Message deleted. Reason: Offtopic |
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By: s4074433 19/02/2007 6:39 pm Yahoo! Profile: s4074433 Did this message offend you? Sign in to report abuse |
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gator_risen
Very good points being made by people here. My opinion is that even though uranium miners may be speculative plays, you have to think in terms of the overall trend of the sector. If you are willing to spread out the risks, then you can make a reasonable profit on the positive sentiments and speculation of the market. As usual, if you are willing to just punt on one or two companies, then the risks become harder to hedge against. The fact is that many uranium explorers made very strong gains over the last year, and if you had staked equal positions on three or four of them, all you needed would be to hit one winner to recover your other losses. The environmental message and the momentum generated from the government appears to be stronger than last year, and this has to be weighed carefull against whether you believe these companies can sustain their progress. I'll be the first to admit I had positions in four uranium linked companies last year, and the second worst case scenario of just one winner against three losers has me slightly better than breakeven. Furthermore, those companies that shed prices are making a turnaround this year. I am one to admit I could do with more research still, which is why I am sharing my experience with others out there. |
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By: gator_risen 18/02/2007 11:12 pm Yahoo! Profile: gator_risen Did this message offend you? Sign in to report abuse |
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gator,
I appreciate the point you make, but it is a bit simplistic to say that since a stock has not made money it is a bad investment...+++
Very true rareearth
I guess my point is that uranium miners are an extremely speculative play and like all bubble industries (from tulips to internet companies) result in 90% of investors losing their hard earned
Yes there is the chance to make a big play and win big (if your timing is very good) but the same can be said of betting on the horses
The real history says that the large majority will lose their money |
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By: kalgal23g 16/02/2007 9:23 am Yahoo! Profile: kalgal23g Did this message offend you? Sign in to report abuse |
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These aussie companies exploring in Namibia close to PDN are worth a look;
WME 30m cap@ .15c lot of previous drill results
EXT 90m @ .09c
WMT 65m @ .15c,
good local THR (grab sample of 31% uranian)
I like URA also |
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By: rareearthfan 10/02/2007 11:01 pm Yahoo! Profile: rareearthfan Did this message offend you? Sign in to report abuse |
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gator,
I appreciate the point you make, but it is a bit simplistic to say that since a stock has not made money it is a bad investment...
Most companies come from nowhere to start making money later on .
Some one has to invest in/ support this or the alternate is that the big Co's will rule the world (I know the next comments).
In Australia the Government offers incentives to funds to invest in this end of the market (Pooled Development Funds).
It also must be said that if you get it correct at this end of the market the rewards can be very good (the olde risk Vs reward).
I am not commenting on the companies mentioned (I dont hold them), but am stating that to wipe them off without consideration could be an incorrect judgement.
The flipside springs to mind... 'profitable companies' like Enron, Ansett, etc....... |
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By: clearheadspace 8/02/2007 11:22 pm Yahoo! Profile: clearheadspace Did this message offend you? Sign in to report abuse |
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Jackson_92,
I was referring to because URA shares are tightly held, due to there is not very many of them. Although they will be traded like any other stock, it is a tightly held register!
Apologies if this is confusing! |
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By: steevie76 8/02/2007 10:04 pm Yahoo! Profile: steevie76 Did this message offend you? Sign in to report abuse |
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| RSC is the class of the junior's. Best mgmt. excellent drill results |
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By: gator_risen 8/02/2007 1:38 am Yahoo! Profile: gator_risen Did this message offend you? Sign in to report abuse |
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all EME have are drilling reports to show for their inflated share price and speculation as to if they have a marketable resource that they can then finance to production
cheers rareearth sorry for the blunder |
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By: gator_risen 8/02/2007 1:36 am Yahoo! Profile: gator_risen Did this message offend you? Sign in to report abuse |
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ahh geez i meant to put alliance (AGS)sorry rare earth havent made money for ten years
pur speculative play and worthless on paper |
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By: gator_risen 8/02/2007 1:20 am Yahoo! Profile: gator_risen Did this message offend you? Sign in to report abuse |
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but hasnt made any money in ten years as a company regardless of when listed
they are sitting on paper profits and speculative share price movement
not on asset
the reality is the majority of companies like this never make it...this is just another bubble. Get out at the right time and you can make a killing, play with fire and ....well you know the story
cheers |
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By: rareearthfan 7/02/2007 11:16 pm Yahoo! Profile: rareearthfan Did this message offend you? Sign in to report abuse |
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EME only listed in Sept 2005.
If you have a look at the charts you will see that a lot of people are sitting on a lot of profits (in them all), when they get nervous down they come.
Market sentiment is negative to these stocks, it is short term in my very humble opinion. |
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By: gator_risen 7/02/2007 8:03 pm Yahoo! Profile: gator_risen Did this message offend you? Sign in to report abuse |
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and EME???
not sure what you expect from a company that hasnt made money in 10 years??
the only reason it was up 300% was sentiment, ignorance and bubble mentality
if you want uranium exposure buy stocks that have the ability to produce it
just an opinion
cheers |
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By: gator_risen 7/02/2007 7:54 pm Yahoo! Profile: gator_risen Did this message offend you? Sign in to report abuse |
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does anyone know why the uranium shares dropped over this week?
Is it just sentiment?
AGS and EME dipped alot+++
because they are speculative stocks not brought on fundamentals |
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By: rareearthfan 7/02/2007 7:01 pm Yahoo! Profile: rareearthfan Did this message offend you? Sign in to report abuse |
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Have a look at ARU on ASX with demerger of uranium assets into new company; only for those that hold on a 3 ARU for 1 NUP.
http://www.arafuraresources.com.au/ |
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By: brukevlay 7/02/2007 4:42 pm Yahoo! Profile: brukevlay Did this message offend you? Sign in to report abuse |
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Daytrader,
It could have something to do with gold failing to break and hold above it's resistance of $658.
People are quick to dump something if doesn't do what they expect.
Can't blame them. 'If in doubt get out' is a good rule to follow.
What does that have to do with uranium I hear you ask.
If you look back at when gold had a big correction that began last May, uranium mining shares joined in. Even when gold started to become good again the uranium shares took their time to follow.
I'm still asking myself why it happened. But next time I believe I should sell my gold shares, I'll be selling my uranium ones as well.
Those who play the futures game get margin calls and sometimes have to sell something that is doing well to pay for them. That COULD be the reason for the May-June correction in both gold and uranium but it doesn't really explain what is happening now. Except as markets don't follow, they lead, the market may be saying gold is in for a severe correction. Gold at where it is now is not really being reflected in SOME gold shares.
Pull backs often offer good opportunities to buy. I'm tempted to but prefer stay out of it this time. |
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By: daytrader07aus 7/02/2007 12:51 pm Yahoo! Profile: daytrader07aus Did this message offend you? Sign in to report abuse |
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does anyone know why the uranium shares dropped over this week?
Is it just sentiment?
AGS and EME dipped alot |
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By: jackson_92 1/02/2007 5:46 pm Yahoo! Profile: jackson_92 Did this message offend you? Sign in to report abuse |
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hmm, clearheadspace
why would low market cap (how many shares on offer) affect the price of the share? |
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