re: ***no proven resource (uranium.com) Subject no proven resource (uranium.com)
Posted 18/07/05 15:58 - 110 reads
Posted by zen_machine
IP 144.138.xxx.xxx
Post #651420 - start of thread
As far as I can see this company doesn't have any proven reserves. If there are any proven reserves please inform us all. Otherwise everbody is putting there money into pie in the sky.
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Comment:
There are inferred reserves and a very good chance these reserves will be changed to a resource by current drilling.
As for the "it's a bubble" post in this thread.
You either choose to or not to participate in a "bubble" or stockmarket "boom". But if it is a "bubble/boom" it is very early days yet.
What I find most amusing is that usually those who knock and criticise others for getting involved in a "bubble" keep seeing others making easy money while they keep on calling out "bubble".
Finally right at the top they can't resist the urge to get in any longer. Then they wipe themselves out. Heh heh heh
So please, don't patronise us with cries of "bubble". As if it's beneath you to purchase any of these shares.
What it does show is your inability to make use of market psychology. Correctly make use of market psychology and you can make a fortune.
Alternatively while you stay on the sidelines making nothing you can cry out, "Bubble. Bubble. It's a bubble. Bubble. Watch out. It's a bubble. Bubble. Bubble."
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