howdy satori , i didnt read many of the reply to jw172 posts here as i was up all night with the research on URA for my friend who i owe plenty of time . i spent over 10 hours on it , im tired, no sleep....hard to put 10 hrs in a short post but i will try for you .
1. cash burn to big ,this is a big concern for me
2.u308 price & the sector seems to be centered on bigger players
3.projects seem stalled govt regs in euro, who knows but nothing seems imminent
4.the price jump of the 18th march looked staged to me & was not sustained in price or qty
5.think they will have to raise money soon
now all things taken into account the price may be below its value but that does not mean market sentiment wont make it fall further , i throws me hands up & says i dunno so thats what i told my friend . if you had profits to pay tax on may be you write this one off against them but with a spec stock like this murphys law dictates if you zigged you should have zagged & vise versa .
ok the other thing that kept me up all night was tony & his island of iron ore or is it ? the qty , the grade , the purity these & many other weighty questions stopped me from sleeping ,the amazing thing was i came to repay a friend by checking out URA for him & i run into another company i have been looking at for some time namely PLV .
yes tony i rattled your cage , found out you dont bite or is it because your to well fed ?. have you felt a bit warm the last few days tony ?, dont worry thats only my magnifying glass on you & PLV .im having a good long look at it all. time for bed....im running on fumes .
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