PARKIN
- 23 Feb 2005 10:29
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?
robertalexander
- 02 Oct 2007 20:00
- 94 of 160
Anyone still in this share. also in at 7.5p.
just asking as thread quiet
Alex
graylyn2
- 07 Oct 2007 09:04
- 96 of 160
I think annual results are about due, last year was 5th October, so hopefully we should get an update on progress soon? plus an RNS on the two large share trades as they were each above the 3% mark.
shoie
- 16 Oct 2007 08:28
- 101 of 160
i agree, exciting times ahead me thinks.
nutter49594
- 16 Oct 2007 20:58
- 102 of 160
tried to sell some of mine at 4.40 got 4.00. even though the live never passed 4.30ish. said thats all they would pay for them on a negotiated deal. BEWARE!
driver
- 22 Oct 2007 13:13
- 104 of 160
Good news from URA this could be a ten bagger+ from here with this news only a matter of time.
22nd October 2007
Uranium Resources plc ('Uranium Resources' or 'the Company')
New Uranium discovery increases prospectivity of Mtonya region in Tanzania
Highlights:
Drilling and trenching at Mtonya identifies new high grade uranium anomalies
at Grandfather prospect, 5km north of Henri
Trenching at Grandfather has revealed high grade surface mineralisation over
a strike of 1.4km
Uranium mineralisation now continuing over a 7 kilometre trend
Peak trench results include 1.2 metres at 7703ppm U3O8 and 0.8 metres at
1035ppm U3O8
First drilling at Moysten prospect finds high grade uranium including:
o 3m @ 863ppm from U3O8 from 46m
o 3m @ 750ppm from U3O8 from 47m
o 2m @ 355ppm from U3O8 from 32m
Drilling has recommenced on the project and will continue throughout October
Helicopter supported reconnaissance will start again to continue regional
evaluation
Farm-in partner Western Metals to spend A$3.5million on exploration in
Tanzania over the next 15 months
http://moneyam.uk-wire.com/cgi-bin/articles/200710221143481146G.html
blanche
- 23 Oct 2007 17:27
- 105 of 160
Brought another batch today based on the news. this is nearly ready to fly. IMO 8-)
robertalexander
- 23 Oct 2007 20:10
- 107 of 160
I am still in too and waiting for an increase that i am confident will come.
still sitting on a loss at 7.5p ave so some way to go
bon chance
Alex
blanche
- 25 Oct 2007 16:30
- 108 of 160
Brought those just in time on tuesday. Happy Days are here a again as the song goes!
Driver patience being rewarded
Robert not long before your in profit. I can see more news being released here again.
driver
- 26 Oct 2007 16:11
- 109 of 160
New Updated Website
Uranium Resources plc / Market: AIM / Epic: URA / Sector: Exploration
Uranium Resources plc ('the Company')
New Updated Website
Uranium Resources plc, the AIM listed uranium exploration and development
company, is pleased to announce that it has launched a new website for the
Company. The new site has updated information and diagrams of its assets and
exploration developments to date in Tanzania. The website can be viewed at the
following address,
http://www.uraniumresources.co.uk/
pumben
- 28 Oct 2007 19:37
- 110 of 160
Which is the best site to get the current uranium price/graph ?
I wouldn't mind having anyone's thoughts on 2 other uranium stocks, URU & Nu. URU only floated in Sept, since dropped from opening sp of 60p to 32p & on Friday moved up 5p, has it reached it's bottom ?
I hold both URA (6.5p) & VML (ave 27p) but am contemplating investing into the 2 above.
driver
- 29 Oct 2007 12:11
- 111 of 160
From Saturdays Mail, (Geiger Counter) mentioned below holds VML and URA.
Glowing times ahead for uranium
Brian O'Connor, Daily Mail
29 October 2007, 9:31am
Reader comments (1)
British Energy's woes with its ageing plants are a warning of the problems the nuclear industry can cause.
They erupted just as uranium miners scent an upturn in their fortunes, which have been waning since the uranium price fell to $75 last month. Now it is back at $80 per pound.
BE has missed opportunities more than once, so it would not be surprising if it missed a global upturn. That is just what seems in prospect, judging by the mood at industry gatherings in the past fortnight.
Miners at a series of meetings hosted by broker BMO Capital Markets expressed optimism that the price slide was over. It followed an astonishing two-year price surge from $22 per pound in the 'spot' price (for immediate delivery) to $138 in June.
It was hardly surprising that speculators took profits. More selling came when the US decided to unload some of its strategic reserve.
Some investors will wish to steer clear of nuclear power. Others who followed our uranium tips on the way up - and subsequent advice to take some profits - have done well. Jamie Strauss, at BMO, who called both the upturn and the subsequent shake-out, now believes the fall is over.
The industry believes demand for primary (newly mined) uranium will treble by 2030. That could push the spot price from $80 to $100 a pound over the winter, although the long-term price (now $95) is more relevant to the industry.
The number of new nuclear reactors planned around the world is growing steadily - from 222 in January to 304 in August. Of these China accounts for 114. Not all will be built as governments ponder their impact. Strauss said: 'Undoubtedly the complexity of changes in government policies and the environmental implications are a recipe for delays. But the nuclear recovery is for uranium under way.'
This bodes well for one of our previous tips, UrAsia Energy, which merged with Canada's SXR to form Uranium One. With mines in South Africa and Kazakhstan and prospects in the US, it will be among the world leaders. Quoted in Canada, it is likely to seek a London quote in 2008 (if it stays independent; there are market rumours of a bid from Canada's Cameco).
Uranium One shares are about C$12.23 (just under 618p). If you bought UrAsia at our tip price of 140p, you have almost doubled your money. The shares still look cheap. So does Paladin Resources, which BMO rates as a well managed company, uranium with a producing mine in Namibia and a second on the way in Malawi. At A$7.84 (347p) it has already made money for Investment Extra readers and should make some more.
For those who prefer to stay closer to home, London-quoted Geiger Counter is a well regarded sector fund. First tipped here at 68.3p, it has been as high as 127p and is now 10034p. Recent months have shown the impact of speculation, so if you buy, set stop loss levels 20% below your entry price.
But the long-term energy shortage is worsening, and that is the gap uranium miners believe they can fill.
Like it or not - and many do not - nuclear power is hard to ignore as the world runs short of oil and gas, and the crude oil price rises above $90 a barrel. This week Germany's Energy Watch Group argued that global oil production has already peaked, and will halve by 2030.
That is more pessimistic than other forecasts, but if correct, oil could pass $100 and head for $200. EWG points out that the average size of a new oil find has plum- meted from 527m barrels in the 1980s to 20m recently.
That reinforces the case for green and 'clean' energy. But it also underlines the difficulty of doing without nuclear, which supplies one fifth of UK electricity, two thirds of French power and a large slice in other parts of Europe and the US.
driver
- 29 Oct 2007 12:27
- 112 of 160
pumben
I also hold both IMO they are the best at the moment; I would put URU & Nu. On your watch list with all these, BRM, CMR, INDY, INS, KAH, MUU, RGM, RRR, UEP, UMN, UUU, ZNI, ZRL. They are not all U miners but most are as you see there is plenty of them and a lot more some will fail. You can always jump on board one or two when they have some action (find the stuff or start producing) you will not be to late most of them are of punters radar's.