THIS LISTED AS FAR AS IM AWARE TUES. WENT UP APR 150% ON CLOSE THIS MORNING HAS GONE UP FUTHER 26% TO 10.5P CANT FIND ANY BACKGROUND ON THE CO.
BUT IS THIS GOING GO FUTHER OR NOT?
Driver,
You still buying?
Have a small holding in BRR but want to buy some more. unable to as illiquid.
was hoping this would have gone up a bit more by now and wondering whether to cut my losses on this one[-35%].My other non-performer is VML[-30%].
your thoughts appreciated[on this share NOT whether I should sell or not, that is]
regards
Alex
robertalexander
Im still holding URA and VML its early days for both and also looking to add on the two of them any good find of U on either of them will see the sp rocket making the loss on the other look small or they could both come good.
August drilling at Mtonya continues to define widespread uranium
mineralisation at Para, Henri, Moysten and Tahbilk Prospects
URA Director James Pratt said, 'The extensive exploration programmes, conducted
by our partners Western Metals, has again yielded exciting results which
underpin the Boards belief that we are operating in a new uranium district which has strong potential to house economic deposits. Exploration is on-going to further quantify the extent of the uranium mineralisation and we look forward to updating shareholders on our progress in the near future.'
i hope so. nursing a 50 % loss at this time. Bit the bullet and halved my holding but liked it just enough to keep the other half. hope i am not disappointed.
Alex
Uranium Resources plc ('Uranium Resources' or 'the Company')
AGM Statement
Uranium Resources plc, the AIM listed uranium exploration and development
company, held its AGM today and all resolutions were duly passed.
At the meeting, Director Ross Warner made the following statement:
'During the year we have made considerable progress in advancing our uranium
portfolio in southern Tanzania. Our exploration and development programmes have
progressed well and results to date demonstrate that there is significant
potential for our licence areas to host an economic uranium deposit.
'Our aggressive exploration programme, which recently yielded the discovery of
two new uranium prospects within the highly prospective Ruvuma project area, is
continuing at pace. Importantly recent drill results from previously intersected
uranium mineralisation at our flagship Mtonya Project has increased the
identified subsurface uranium to a strike length of 4km. Together these results
act as further endorsement of the exciting potential of the region, and we look
forward to updating shareholders on our developments in the coming months.
'The aim for this year is to grow the Company through the advancement of our
current project portfolio and identifying further targets to expand our asset
base. We have a committed and active joint venture and development partner in
the form of Western Metals and a healthy current cash position of 1.95 million
which will more than cover Uranium Resources contribution to this year's
exploration budget, which we believe ideally places us to aggressively progress
our portfolio in 2008.'
'.....The aim for this year is to grow the Company through the advancement of our
current project portfolio and identifying further targets to expand our asset
base'.......but will the SP pick up?
relishing
Yesterday was even better it dipped 20% midday before ending up green.
The problem is a lot of my stocks could do with a top up at the prices they are RVD URA VML and SER.