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By: professor.inglis
2/10/2009
6:55 pm

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  professor.inglis

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Re:kor.ax + uau.soon !!!! Reply to this message
US indicators:

http://research.stlouisfed.org/fred2/series/ NAPM

http://research.stlouisfed.org/fred2/series/ ALTSALES


http://research.stlouisfed.org/fred2/series/ ICSA

By: professor.inglis
2/10/2009
5:33 pm

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Re:kor.ax + uau.soon !!!! Reply to this message
The way I read this you also get 1.37 UAU shares, while you hold some KOR (and gold?)

By: professor.inglis
2/10/2009
5:26 pm

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Re:kor.ax + uau.soon !!!! Reply to this message
Buy in weakness, hold until Christmas, sell in strength.

My guess is that the USA economy will purk up as we keep getting closer to Thanks Giving and Christmas.

Lots of indicators show a turning point up there.

By: brukevlay
2/10/2009
5:22 pm

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Re:kor.ax + uau.soon !!!! Reply to this message
October is usually not a good time to be the stock market, professor.
I feel sure this October will be no exception. This rally in a bear market has to end sometime. The fundamentals and charts suggest any time now if it hasn't started already.
Gold is the only thing to consider and even that is risky if the Dow tanks big time.

By: professor.inglis
2/10/2009
5:21 pm

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Re:kor.ax + uau.soon !!!! Reply to this message
"Korab Resources Limited (KOR) is an exploration company with gold and polymetallic projects. KOR engaged in the mineral exploration and evaluation of the third-party mineral properties in Australia and Ukraine. The company also has 12 exploration projects in Western Australia and the Northern Territory.

Uranium Australia Limited
As of May 2008 KOR'subsidiary Uranium Australia Limited (UAU) has acquired four new uranium projects as following: EPM 15306 - Blue Mountain Gold-Copper-Uranium Project (QLD), EL 26367 - Mt Ida Uranium Project (NT), EL 26368 - Mt Michael Uranium Project (NT) and ELA26551 - East Alice Springs Uranium-Base Metal Project (NT). UAU has rights to 90% uranium and thorium mineralisation within the projects. KOR retains 100% rights to all other metals.

Western Australia
The company main projects include: Yalinga Bore (calcrete and uranium), Saltdam (gold), Melrose (gold), Mt Elephant (sulphide), Lohengrin (base metals, gold), Maitland (Uranium), and Darlot East (gold).

Northern Territory
The company main projects include: Batchelor (uranium, copper, zinc, lead and gold,), Green Alligator (uranium), Hercules (uranium), and Tank Well (uranium).

Ukraine:
Korab through its subsidiary, Lugansk Gold Limited, has a 74% interest in Donetsky Kryazh Limited (DKL). The main asset of DKL is the Bobrikovo gold/silver deposit located in the Lugansk region in eastern Ukraine.

Subsidiaries:
include Uranium Australia Limited, Lugansk Gold Limited, Iron Ore Australia Limited, Nickel Australia Limited and Australian Copper Limited."

Quote from this website:

http://au.finance.yahoo.com/q/apr?s= KOR.AX

By: professor.inglis
2/10/2009
5:15 pm

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kor.ax + uau.soon !!!! Reply to this message
"On 1st October 2009 Korab shareholders have approved distribution of free Uranium Australia (UAU) shares to Korab share holders at a rate of 1.37 UAU share for each Korab share held on the record date of 14 October 2009.

Korab holds a number of shares in a uranium exploration company Uranium Australia Ltd (UAU) which intends to seek listing on ASX this year in AU$11 million IPO**** with the share issue price of 20 cents per share."

Quotes from Websites:

http://www.korabresources.com.au/index. html

http://www.uraniumaustralia.com.au/index. html
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