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?

its a cash shell wanting to invest in uranium projects be wary

worth another look at this level ???

Copies drom another board for your inf..looks very interesting

This isnt a pie in the sky statement, I actually have a friend who works for a very well known investment house.
So as to protect him, and myself, I am going to state right here and now, that what I am writing is unsubstantiated rumour... OK.... But just remember you heard it here first...
URA have a target lined up, and apparently they are in the process of crossing the T's and dotting the i's. It's mentioned that it is big, and URA will have to go to the market for funding. Also mentioned that Investment houses etc will be the only ones open to the offer. Mentioned also that the price will be at a massive premium to todays price.

So, lets consider this to be unsubstantiated rumour... We know of the Directors pedigree..... We also know the 2 new guys tasked with sourcing these investments are go getting hungry young proffesionals, with an excellent past record, we know that Steinpreise (And his brother) love building massive stocks from shells. We also know they have many many contacts in the city. We also know that Uranium is "In", we also know uranium is fetching the highest prices on record, we also know there is a lack of companies in this exciting sector.
We have on record, Directors saying they expect to be able to make announcements soon. We also have on record directors saying they expect the shares to be at a much much higher level than flotation price, we also have on record Directors saying they have the necessary expertise, experience and enthusiasm to negotiate the purchase of appropriate uranium assets and strongly position the company in this exciting sector.

So, its make your mind up time...
Lets look at what the directors have said, then compare them to the "unsubstantiated rumour"..... Hmmmmm, looks like an almost exact match.... Almost word (rumour) for Word (Rumour).

This is the kind of news I keep under my belt until such times as I have a position on a stock, but as we are all aware, I have a position, and the stock is now lower than my investment in it is. I am hoping to be able to release more funds to aquire more, but the news can come at litterally anytime. Could be on market open Monday morning, could be hours/days/weeks, I would say Month, but am led to believe weeks is a better bet.
Who has seen the lottery advert? "You have to be in it to win it".
This stock has win win win written all over it, but without the 14M to 1 chance of coming up trumps as on the lottery.

Do as much research as you can, look at the pros and cons... Lots n lots of pro's here, with no cons that I can see.

Look also at a recent cash shell that is now at 1.50 when floated at 10p, being headed up by an ex cricketer.... Then look at the pedigree of our board, and where our price is... I know where my money would be, and where it is...

Still do as much research as you can.
The info is "not from an insider" and all that malarky, but from a guy I actually got to know from dealing in shares about 5years ago. I have only ever been given one what might be called bum stear, and that was about 4 years ago, regards Mondas.... Mind you, it was a difficult time in the market, and stocks were crashing left right and centre. I chose to ignore his advise on a few occasions, and lost massively.. AIH, and another which I cant remember now, but both went bust.
Also remember that whilst info shared is as accurate as can be, it is not always guaranteed.
But, the points in my previous mail add up to 2 + 2 = 4.
If nothing else, I would encourage people to look at the Directors statements, look at the timescales implied in said statements, look at the appointment of Paul and Chris, look at Steinpreises history in turning small capped stocks into big money making machines, look at the Uranium exploration market as a whole, and then make their decision.
Also the directors comments regards price at flotation.
I think there are a lot lot more riskier places to put your money, at least URA are also cash positive with very little cash burn and no debts as well.
When it happens, it will happen big, the Directors are old hands at this game, and will ultimately seek to make themselves richer as they hold most of the stock, but the 48% of stock that is left is us smaller investors opportunity to grab some and share in that wealth.
One thing is for certain, the Steinpreises are hungry for more and more wealth, and they wont want to see the share price languishing where it is.
My info and gut feeling is it will be big. If I'm right, then we can all get wealthy, if i'm wrong, then we have to absorb a bit of a loss.
Odds are stacked in our favour, thats the first bit that has gone our way.

A copy of a post just made (By myself) on a different bb. But o so true about sector sentiment. We are in an age where companies are not being valued on prospects, projects, etc etc, but we are being driven by "Sector Sentiment". All because some overpaid suit and tie with a title of Resources "ANALyst" say's the sector is weak, what they invariably mean, is they want to take some long positions and it will be much more beneficial to them if they could depress prices.

I in a way disagree that it is a poor excuse... Its market sentiment only... The suits and ties dont tend to look at individual companies, but rather sectors as a whole..
They still make their margins, but if they were to actually look at individual companies, then there would need to be a lot lot more of them, so they get an understanding of what each individual companies progress etc is.
Your posts are spot on, and I for one thank you for sharing you info/ from chats you have had with them.
Sentiment will return... We all know that, we just have to turn the TV on and watch the news... Today telecom stocks rose because of strong results from Vodaphone.... Tommorrow... Telecom stocks fell today because of worries about Nokia, day after Supermarkets rose today because of strong sales figures from Tesco, day after that Supermarket stocks fell today because of worries over Morrison... Its all sector related.. Thats a fact.. I have on my watch list, 2 stocks which are currently undervalued on their NAV by over 200%... Shocking... But, they just so happen to be in a "sector" that is not in favour.... Give it another couple of months, for them to do the rounds, and they will get back to ours, when we will probably see on TV, exploration companies rose sharply today after a top ANALyst said the sector was undervalued.

Most of the price drop has been because of small investors selling off. Trouble is, most of the small investors selling off is what creates the dip, nothing to do with fundamentals, nor company projects, nor company progress... But because of Boredom (They want their stocks to rise every single day) and because of these so called ANALysts comments, likening all stocks in a particular sector under one heading, if this sector is out of favour, then small investors listen to these twa*z, and sell out.

Now, whilst Steinpreis and Rowan have proven track records, they will not have set up this vehicle to lose money, nor would they have set it up to double, treble or even quadruple there money... They will want to make HUGE BIG MEGGA bucks

Comment from our Director... (Made approx 6 months ago)
I'm pretty confident we will find a deal in the next three to six months.

hmmm, must admit I bgt.a small tranche when that heady rise happened, kept them for posterity when the backside fell out, you never know!!!!!!

just sit tight and wait.........but in my view we could see the sp rise above the 9p mark before the RNS is issued on speculation, so here is hoping

Finally got an email response from URA, so Have a bit in Black and White...

Copy from iii board

"To Quote"........

"The directors are working towards maximising shareholders wealth"

"there has, in general, been a downturn in all mining stocks over the last few weeks"

There we have it gents..... You really need to see the whole mail to be able to read between the lines, but Directors ARE working hard to MAXIMISE shareholder value.... And yet another Company secretary going on record as saying there has been a downturn in all mining stocks (Market sentiment)...
If you want a good one, which will realise massive returns, then get you posteria into URA....

Glad I got in these at 2.02p.

UP 89.47% SO FAR TODAY.WHATS HAPPENING TO CAUSE THIS SUDDEN INCREASE.

I wish I knew sagem. Must be rumours of a deal or something. Hit 100% just before close and I think we will see more of the same tomorrow as there were some sells at the end and the sp would of droped alot more.
Heres looking forward to tomorrow.
wilbs

Did not get in a.m yesterday, no funds available. But I will watch this from the side lines with great interest. See if its all hype or not.
lots of luck to all,
Sambal

The spread is the killer here!

I think we will see this turn later. Im holding on.
wilbs

Anyone that bought in yesterday's rush and wanted to sell now will make a loss, rather then a profit.

The truth ius this was ramped up over all the threads on ADVFN yesterday, and that may have caused some interest that may not be sustained.

Caveat emptor (IMHO)

Its holding ok though. An announcement is due anytime.
wilbs

Bid fallen back to 3p now

Spread 50%!

Being pumped on ample also, there is alot of these penny shares that are being pumped on ample, be very wary, just my opinion... Pump and dump brigade have appeared alot seem to be students and very inexperienced investors...

Adieh,

Wise words IMHO!

Last 5 trades are sells, and the bid remains at 3p, well below where people were buying yesterday!

Yes wouldn't touch it with a barge pole, just holding AQL and COH which are both long term holds for me... COH hopefully will pay my mortage off in 5-10 years...

Up she goes and down she goes........