UKL uranium king limited

here we go, page-20

  1. 12,454 Posts.
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    Hi Markco

    Nice positive day today! All my stocks moved back nicely ... AGS did well in the end!!

    As regards UKL ... good demand still there which is nice to see ..... we are due for an announcement, management have no doubt been busy, but I dont mind a little wait until this correction is over .... Then "let the games begin"

    All good cheers for now

    Ps
    I found this good report on how to pick potential uranium stock movers .... Wow, doesnt it remind you of Uranium King!!!!!!!!!!

    Three Steps to Building
    An Ugly Duckling Portfolio
    Now let’s talk about ways to find tomorrow’s winners …

    First, look for companies with pounds in the ground. Some of the best bargains are companies that took over old uranium resources that were abandoned when the uranium sector went bust around 1980.
    These resources are not compliant with strict standards, so the new owners will have to do some work & drilling before they can prove a (measured) resource. By this time, the stock will have catapulted from pennies on the dollar to something closer to a fair valuation.
    Here’s the trick: You can get a good idea of what will come out of these old, abandoned resources by looking at “historic resources.” These were the best estimates made before strict, modern standards came into play. But if the company that made the historic estimate was an old energy company like Chevron or Gulf, you know the estimate isn’t some pie-in-the-sky figure.
    Second, look for a smart management team. I love it when a company is sitting on an undervalued resource. But I also know that it takes smarts to get that metal out of the ground profitably. That’s where a solid management team comes into play.
    Great management might even be more important than pounds in the ground. In fact, if you want to find even uglier ducklings, seek out companies that don’t have a lot of resources but do have very smart management.
    So how do you find out if a little-known stock is run by smart people? Go to the company’s website and look up the biographies of the management team and board of directors. You’re looking for experience, and lots of it — especially people who have brought projects from resource to mine in the past.
 
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Currently unlisted public company.

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