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Uramin Inc (UMN)     

dai oldenrich - 25 May 2007 10:56

Click      HERE    or    HERE     for uranium spot prices


Click      HERE     for uranium futures prices








UraMin Inc (www.uramin.com) was established in 2005 to acquire and develop mineral properties, predominantly uranium. UraMin is focused on advancing its 100%-owned Trekkopje uranium project in Namibia to the completed Definitive Feasibility Study (�feasibility study�) stage. A trial mine is planned for the fourth quarter of 2007 and commercial production is planned for late 2008. The Company also has a feasibility study underway at its 90% owned Bakouma uranium project in the Central African Republic and on its 74%-owned Ryst Kuil uranium project in South Africa. SRK is the lead consultant for the Ryst Kuil Project. UraMin intends to bring these near surface open pitable projects into production, utilizing efficient mining and processing methods currently in practice worldwide in similar deposits in a cost effective manner. UraMin also has a number of exploration projects in both Africa (Chad, Niger, Senegal and Mozambique) and joint venture projects in Canada (the Rea Project within the Athabasca Basin in Alberta and the Labrador Project in Quebec) on which it is advancing exploration programs that could provide a pipeline of potentially economic uranium projects for the future.

Chart.aspx?Provider=EODIntra&Code=umn&Si

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).



Click      HERE      for latest Canadian (UraMin Inc) company prices and information

cynic - 28 May 2007 09:36 - 12 of 33

As always, Dai's contributions are invaluable, and certainly the article(s) is well worth reading in full ..... the nub of the Chinese t/o story is below .....


"The Chinese companys deputy general manager for uranium procurement announced to Bloomberg News that CNNC and UraMin will start more formal talks this week.

UraMin is a prime acquisition candidate for the Chinese because of its uranium prospects in both Namibia and Niger. The company also has holdings in South Africa and the Central African Republic."


However, while this report may well be accurate, and is presumably checkable insofar as it was broadcast a week ago, i find it more than a little surprising that so much detail should be made public when UMN have announced nothing at all ....... all sounds too easy to me, though UMN (and perhaps VML of this site's faves) may well be a prime t/o target for someone .... indeed, UMN's price has dipped over the last week, so caveat emptor if you are just a prospective investor rather than an existing holder.

fez - 28 May 2007 19:32 - 13 of 33


Click on the "HERE" for canadian price (see post 1 above) and you'll see that uramin has gone up another 2.28% (as I write this). Let's face it, the demand for uranium is only going to get stronger and stronger and that can only mean the sp will keep on going up too. No good saying it went down over a few days. Hard fact is the sp has rocketed this past year and, in my opinion, it hasn't peaked yet. Far from it, and with takeover talk who knows how much more higher the sp will have risen come years end????

cynic - 28 May 2007 20:35 - 14 of 33

so remortgage the house and buy more then ..... (1) so what if uranium has gone up (or down) today or even this week ..... (2) if this t/o talk had substance, then for starters UMN would have been obligated to issue a statement ...... (3) UMN is an obvious potential target for someone, but that does not mean it will happen this week, next month, this year or even at all.

fez - 28 May 2007 22:05 - 15 of 33


"me thinks the lady doth protest too much" comes to mind.

cynic - 28 May 2007 22:17 - 16 of 33

????????????????? ..... i hold these, but it doesn't mean i have to get overexcited like you

dai oldenrich - 29 May 2007 07:11 - 17 of 33



A dash for nuclear power is set to be unveiled by the Government in the next two weeks


Click     HERE     to read full article



fliper - 29 May 2007 14:41 - 18 of 33

If you were going to buy an uranium company , would you buy the best ?

cynic - 29 May 2007 14:50 - 19 of 33

and who is to say that this is?

fliper - 29 May 2007 14:54 - 20 of 33

Only time will tell !

fez - 29 May 2007 16:11 - 21 of 33


It's telling fliper - it's telling !!

fez - 30 May 2007 10:34 - 22 of 33


This is a good stock to buy when the market is down. UraMin is up again today.

fliper - 30 May 2007 14:08 - 23 of 33

We know were its going ,5 and cgt to pay next year !

fliper - 01 Jun 2007 08:28 - 24 of 33

Cynic must have a smile on his face now . Time for a chart ?

cynic - 01 Jun 2007 08:57 - 25 of 33

there already is one on the other thread, but one follows below ..... as always, 25 dma inm red and 50 dma in green ...... rsi is a bit toppy but not that bad ...... what i particularly like is that the (steadily rising) 25 dma has consistently provided support

Chart.aspx?Provider=EODIntra&Code=UMN&Si

fliper - 01 Jun 2007 08:59 - 26 of 33

Good morning cynic , not on the golf course !

cynic - 01 Jun 2007 09:01 - 27 of 33

golf match 3:00 this afternoon and another at some godforesaken hour tomorrow morning ....... brain inspection this morning at 10:00 ..... not really; just a basic medical for company insurance

fliper - 01 Jun 2007 09:07 - 28 of 33

2.20 in an open in sheffield today .

fliper - 01 Jun 2007 09:32 - 29 of 33

Still think these are one of the best shares on the market at moment . A lot got out at 3 but could not see the bigger picture 5 .

moneyplus - 01 Jun 2007 14:58 - 30 of 33

I'm out at the moment but will jump back if the opportunity arises!!

halifax - 01 Jun 2007 15:08 - 31 of 33

Cheap way in may be Galahad Gold(GLA) with a 11% sharehoding.
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