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?

blanche ..... share/company does not do much for me i am afraid ..... see chart below ..... probably good support at 5.50



green = 25 dma
red = 50 dma
black = 200 dma

latest RNS is quite interesting as it could be interpreted that they are in general discussions, perhaps internally, about t/o


LONDON (Thomson Financial) - Uranium Resources PLC said in a statment in response to recent press speculation that it is not involved in any discussions concerning any specific offer for the company.

The AIM-listed uranium exploration and development company focused in Southern Africa added that it continues to explore a listing on the Australian Stock Exchange and is 'examining corporate structures which might achieve this'.

Cynic. many thanks as already in @6.7 i will just hang on for the ride now.8-)

hi blanche .... as mentioned on GTL(?) thread, drop is due to denial of t/o talks and rise may have been based on rumour of same ..... have also just stuck up a decent chart on SER for you .... another one i have never followed!

Seems tobe going back up & you can also sell 500,000 shares @ a time online,anyone any thoughts?

Spoke to soon.

Wake up guys, this is probably the beginning of the most exciting time in this company's history.

HELLO!!!!???? IS THERE ANYBODY THERE????

OK Ras, there is life here, I was buying.

Glad to hear it.

Ras, Just bought some more.

Nice one.

Hi, Ras, I've bought again.

It's really moving now.

Yes, nice breakout.

Where do you see the next consolidation?

I am not sure, i want to see what comes out at the AGM which has been put back to 7th June.
This will IMHO, move to 9 over the next two weeks.

The trend is upward, look at the spot price of uranium in USA.

Yep, agreed. I reckon the 8.4p minimum price for the aussies may turn out to be more like 10p.

Can't see this dipping much below 7p, if it even gets that far.

Then the next leg up.

Can see this hanging around 8p until the ASX price is made clearer - could be more like 10p.

Good to give both sides of the story....

From Resource Investor..

James Dines Uranium Picks Review, Part 2

By Jon A. Nones
17 May 2007 at 06:16 PM GMT-04:00


NEW YORK (ResourceInvestor.com) -- With uranium now priced at $120/lb and supply-demand fundamentals overly bullish, its hard to stomach a contrarian viewpoint. However, with so many junior uranium stocks trading near 52-week highs, more and more analysts are questioning whether the market is getting overheated.

Last month at the Uranium Stock Summit, Rick Rule of Global Resource Investments recommended taking some money off the table.




Make the money, take the money, he said. We are late in the cycle. Weve gone from homeruns of 10-baggers to doubles and triples.

Rule said there is still money to be made, but advocated being very selective when picking the right uranium stocks. At the time, he suggested Denison Mines [TSX:DML], Azimut Exploration [TSX-V:AZM] and Paladin Resources [TSX:PDN].

James Dines, editor of the Dines Letter, told listeners at this years New York Hard Assets Investment Conference that most people still dont know that a uranium bull market is going on, so theres still upside to come. However, even the original uranium bug was less confident about the longevity of the screaming uptrend.

I will be taking you out of uranium in the next few years, said Dines. This is not a sustainable boom.

But Dines was not shy about giving suggestions in a special uranium panel called Mr. Dines Uranium Picks. Last year, Resource Investor decided to review Dines uranium picks from a similar panel in an article entitled, James Dines Uranium Picks Review.

At the time of the article, six of eight picks made throughout the year were in the green. Today, however, only five of nine are still positive.

At the New York Hard Assets Investment Conference in May 2006, Dines covered Pinetree Capital Ltd. [TSX:PNP], Laramide Resources [TSX:LAM], Alberta Star Development Corp. [TSX-V:ASX; OTCBB:ASXSF] and Continental Precious Minerals [TSX-V:CZQ]. Laramide is the shining star among this group, with Continental trailing the pack.

It's good to be in one with so much near-term potential and such excellent U grades already then, in other words substance, like URA. There are so many over-priced examples out there, but this certainly isn't one of them imo. Also worth noting that although U stocks have had a bull-run on the AIM, on the TSX and ASX markets the article seems to be focussed on, U stocks have reached MUCH higher valuations.

The author also has to remember that big trends usually go on for much longer than people expect, and also that there is a genuine supply-demand issue that is not going to get better any time soon, in U. It's not just a craze or a vagiary of the market.