URM uramet minerals limited

fib ratios work well

  1. 1,538 Posts.
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    My post on 15/5

    From low 7c URM was up to 33c, then down to 15.5.
    Test down trends:

    1) Test 0.618:

    33 - 0.618(33 - 7 ) = 16.932 = 17

    On 12/5 exactly down to 17c! The next day (13/5) was up to 20c, but did not hold well (close 17.5).

    2) Test 0.786:

    33 - 0.786(33 - 7) = 12.564 = 13c

    On 14/5 was up 19.5 but down to 15.5 (not too bad from 13). But, nothing near 13c! However, may slowly drop to 13. Who knows?. Just wait and see.
    _______________________________________________________

    It was down exactly at 13c as above prediction! URM starts enter a right direction. Max is over price but Urm is very much under price.

    My family has bought some from 13 to 14c. Will hold and wait for drilling.

    This is not my advice. Please DYOR and good luck to all.
 
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