We all know news is coming and it's expected any day but apart from that I will not make any further assumptions.
Early last week the director had stated to me over the phone that they had contacted the Zambia lab and are expecting the results "any day".
The coy is currently oversold, the chart from mid March started to form a very healthy uptrend which needs to be supported with some positive news. I can't see this dropping below 3c as I believe the holders that are in the stock now have taken the position to HOLD and will not be sucked in to those ridiculous barriers used to scare investors whilst the fat cats accumulate. Also, T+3 traders need to settle the account which means they will come back in to URA hungrier.
On the day of Ann we will see URA run NORTH like a headless chook if the results are positive.
IMO
URA Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
