Hi Folks
Noticing anything 'lately'?
How about this;
More posters entering the thread.
More 'downramping'and posters offering their views on the new supports....BELOW current levels.
More getting annoyed at 'bullish' comments here by myself and others. A clear sign of frustration at wanting in at lower levels.
Less selling depth...much less.
Buyers are 'starting' ever so slowly to move up.
All of a sudden where are the sellers sub 20 cents you ask?
They have gone. They have been taken out. Sure 1 or 2 might pop up, and not sure if we have seen the end of some 'games', but folks, 'we' keep saying this;
To get these you have to step up ad buy them. Its that simple.
Clearly sellers continue to thin out and continue to want more for the stock they want to sell.
This frustrates the hell out of those seeing posts like this because they know what kind of opportunity is here 'if' Uran nail 'a' project, let alone a production target in the short/medium term.
Despite a hellish time on the markets Uran has acually 'strengthened' its position.
Why?
Well I think we can safely say the time is fast approaching when we will find out current negotiations.
As we approach April with NO DEALS we can reflect on some of the company guidance in 2008;
"Before end of half year"...hmmmm what does that mean? Lets see; April , May, June ,Ju...hang on..thats 3 months as a maximum time frame.
Okay. Lets look at the other side of that;
PR stated 'Weeks' not months back in January. Now we can all say that that was about 9 weeks ago..
So looks to me like we could be getting news on Ukraine most likely within the next couple of months....no wonder some here are a little frustrated at bullish posts like mine when they can't get in at the lower levels....
The market....or current holders are starting to recognise that this is too cheap for a company on the brink of developments that could lead to production in 6-9 months once acquired (in Ukraine), almost immediately in Czech (Rozna) and within a couple of years for a couple of other ptojects.
I noticed with some interest the seller who appeared at 34 cents with 400,000 shares to sell.
A word to that person. The 'market cap' on that sell was around $15 million...ie 'peanuts'.
A dangerous game I would have thought because if someone is 'out there' and 'knows' something....particularly with this tightly held company, they just might jump the queue....in fact I reckon they would.
Will be interesting if this person pops up again. Each day we get closer to Ukraine inparticular. And Ukraine, as ive said before, is where Uran can really entrench itself as an overseas incumbent with projects close to production and the very real prospect of others being offered.
Many here dont get this. Its a big opportunity.
still, it is high rish/high reward.
Another point.
Many downrampers base their argument on historical 'fact'.
Thats fair enough if we are dealing with history and the unfortunate events of 2007.
But take a look at the chart for 2008. Its a different one to that of 2007.
We have seen volumes continue to drop off and a settling around these lower levels.
In fact if you had been alerted to this company and bought in this year i'd say you you would be reasonably content knowing you've got into a company with multiple production opportunities and deals within the next several months.
So folks, im very happy to say that although a lot of us here are in the red, are out of the money 'for now' we know that macro events (not excusing managements reactive nature here either) have impacted this companys own targets and estimates.
Current levels are, as another fine ramper here suggests, a 'screaming buy'
To newbies interested. Research. Call the company. Dont take my word for it.
To downrampers?
If you havent been happy with my posts to date suggest you put me on ignore....like forever!
I'm just warming up :)))
Opportunity here at sub $10 million Market cap.
But...we need the company to clearly state where it is at shortly with Ukraine developments imo.
I hope they have the message loud and clear.
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