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By: brukevlay
3/10/2009
10:21 am

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  brukevlay

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Re:kor.ax + uau.soon !!!! Reply to this message
Even if I did have one I'm not wacko enough to put something here I don't agree with. I think he/she is wrong.

Jacko, Go and get pissed. You don't type too well. Typos all over the place but you say more sensible thing when you are pissed.

By: brukevlay
3/10/2009
10:17 am

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  brukevlay

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Re:kor.ax + uau.soon !!!! Reply to this message
Add Your Photo
Professor

* Invite to Connect

Member Since: 31/01/2006

Joined January 2006. Not likely a dummy. DEFINITELY not one of mine if in the minute chance he is one, because I HAVE NONE.

By: jacko654
3/10/2009
8:04 am

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Re:kor.ax + uau.soon !!!! Reply to this message
Bruce - is there any reason you have not jumped all over this apparent newby as a dummy...other than he may be one of yours?

By: brukevlay
2/10/2009
7:42 pm

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Re:kor.ax + uau.soon !!!! Reply to this message
They look like excellent fundamentals to me, professor.

Not sure about your timing as you set it out. The USA is in trouble plenty. How it will actually pan out nobody really knows. I listen to the experts and although this is what the contary investor does and does the opposite, I think the ones who are negative will be right.

By: brukevlay
2/10/2009
7:13 pm

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  brukevlay

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Re:kor.ax + uau.soon !!!! Reply to this message
Professor,
I haven't looked at KOR. I'll do so later.
I would not trust any "Federal" Reserve bank's chart. They lie as much as Foolhardy does.
The reason I always put 'Federal' in inverted comas is because the are not a US government institution. They even lie about that. They are basically a group of scumbag bankers who through president Wilson in 1913, usurped the government for their own greed purposes.

I would rather look at MACD, support lines and get a feeling of the basic fundamentals. None look to promising.

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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