Up 15% on just over 12million. The last 40 minutes of trade there was 4.5million turnover pushing up to previous peak of 9.2cents an extra 5% increase on the day. Something is up with 3 times average volume after a pullback from the 3rd Jan peak????
BLR - Black Range Minerals
- Thread starter yogi-in-oz
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BLR has hit a 4 year high on 30million volume in the first 2 hours of trade. Average daily volume is 3.8 million. Up 20% since middle of last week. Hopefully some encouraging ann. to be made shortly. This type of volume indicates some institutional buying out there at moment.
trader said:
I'd imagine you are right. Finished the day at over 11 times average daily volume (44million) and SP up 19.5%. I said last Friday something was up. If we dont see an ann. in the next few days then who and why are buying up big?
Wysiwyg
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Pssst. Jemma....are you logged in? 
Wysiwyg
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jemma said:
No thanks...just acknowledging your call was pretty accurate.I blew my trading plan which was to sell half on the first rally to the 9`s.I sold all in panic when they fell from the 9`s.Seeing the price go higher now is one big ouch.
The price wouldn`t hold 9`s but is holding 10`s when I`m not in.
Good on you Jemma you know what you are talking about.
Wysiwyg said:No thanks...just acknowledging your call was pretty accurate.I blew my trading plan which was to sell half on the first rally to the 9`s.I sold all in panic when they fell from the 9`s.Seeing the price go higher now is one big ouch.
The price wouldn`t hold 9`s but is holding 10`s when I`m not in.
Good on you Jemma you know what you are talking about.
Thanks Wysiwyg, much appreciated. I am still holding, bought continually all the way up and also today at 10 cents. Holding heaps but this tax is killing me losing half all the time. BUT I don't fell comfortable holding for more than one year in such speccies.
Now for my next forewarning to buy before it's too late - AKK - Austin Exploration, DYOR.
Seeya.
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yogi-in-oz said:
Hi folks,
Quite so, Jemma ..... and here's how it looks,
from this end:
05012007 ..... minor and positive ... finance-related?
15012007 ..... minor and positive news ???
16012007 ..... minor
19-22012007 ..... positive light on BLR
29012007 ..... significant and negative - finances???
02022007 ..... significant negative news expected.
19022007 ..... negative spotlight on BLR
21022007 ..... significant and positive .... finances???
16-19032007 ..... 2 significant cycles may bring some
negative news here ... ???
20-21032007 ..... March equinox should see a positive
spotlight on BLR.
10042007 ..... positive news expected here ???
12042007 ..... seriously negative aspect ... finances?
20042007 ..... difficult cycle here.
27042007 ..... minor and negative news expected
08052007 ..... minor and negative - finances???
11052007 ..... significant and negative news
15052007 ..... rally off lows???
21052007 ..... negative spotlight on BLR
29052007 ..... minor and negative news - test lows?
05062007 ..... significant and positive - finances???
21062007 ..... uneasy market here.
22-25062007 ..... June solstice brings another difficult
aspect, but leaning towards more positive market reaction.
November and December 2007 will likely be the most
positive months for BLR .....
happy days
yogi
=====
..... and right on time too Jemma ...
happy dayz
yogi
Lovely retrace today, healthy and chart looks great. It will now be interesting to see the strength lurking.
I don't expect it to fill the gap at 9.2(previously gapped up from this point), but you never know. I expect an assault on 11 again by early next week with success.
I don't expect it to fill the gap at 9.2(previously gapped up from this point), but you never know. I expect an assault on 11 again by early next week with success.
Sean K
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Jemma,
Great work on your switch`to BLR. You've had a great run.
Resistance now solidly set at $0.11, but what is your theory on the gap up. Doesn't that have to be filled?
Excuse me, I know nothing about gaps, but have just started to study them...
Kennas.
Great work on your switch`to BLR. You've had a great run.
Resistance now solidly set at $0.11, but what is your theory on the gap up. Doesn't that have to be filled?
Excuse me, I know nothing about gaps, but have just started to study them...
Kennas.
kennas said:
Thanks kennas, yes that was what I was saying, sorry if it doesn't make sense. It looks like it it will come back and fill the gap. I hope news will come out soon to catch all the traders out though.
I did try to get you on board though kennas. Have a look at SRZ for the next big mover.
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..... taylor ranch announcement out now, also
an investor presentation ...
happy days
yogi
Wysiwyg
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yogi-in-oz said:
..... taylor ranch announcement out now, also
an investor presentation ...
happy days
yogi
What a response for a re-hash.
What will drilling results do?
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From FN Arena - for those who hold or are interested.
US Uranium Exploration Paying Off For Black Range
FN Arena News - January 22 2007
By Greg Peel
One aspect of investing in Australian uranium explorers is that unless they have projects in either South Australia or the Northern Territory it could be a long time waiting for pay day. Not so for Australia's Black Range Minerals (BLR) which has announced a significant increase in the exploration potential of its Taylor Ranch project in Colorado.
Black Range thought it might be sitting on 900 to 1400 tonnes of U3O8 but after drilling 550 holes the estimate is now for 4500 to 6800t in a system that extends for more than five kilometres.
Black Range's share price has doubled from 5c to 10c since October, and with numerous projects to be advanced in 2007, Intersuisse rates the company a Speculative Buy. To add weight to Black Range's forecasts, Taylor Ranch lies "along strike" from the 13,600t Hansen deposit. The company should complete a resource estimate for the project in the second quarter of 2007.
Black Range has enjoyed an alliance with uranium heavyweight Uranerz Energy Corp since June, managing and conducting uranium projects jointly identified. Uranerz is then responsible for bringing them into production. The alliance already has further prospects in Wyoming and is continuing to negotiate to acquire several more advanced US projects. As an aside, Black Range also has an option to acquire an old Wyoming copper/gold mine that has laid idle since a fire in 1908. Estimates suggest one million tonnes of ore at 5-6% copper and 3-4g/t of gold.
But wait, there's more. Black Range is also sitting on 5.75mt of ore near Broken Hill containing copper, zinc, gold and silver. Says Intersuisse "Black Range is successfully building a portfolio of quality advanced resource projects with near term production potential."
Disclosure - holding BLR
US Uranium Exploration Paying Off For Black Range
FN Arena News - January 22 2007
By Greg Peel
One aspect of investing in Australian uranium explorers is that unless they have projects in either South Australia or the Northern Territory it could be a long time waiting for pay day. Not so for Australia's Black Range Minerals (BLR) which has announced a significant increase in the exploration potential of its Taylor Ranch project in Colorado.
Black Range thought it might be sitting on 900 to 1400 tonnes of U3O8 but after drilling 550 holes the estimate is now for 4500 to 6800t in a system that extends for more than five kilometres.
Black Range's share price has doubled from 5c to 10c since October, and with numerous projects to be advanced in 2007, Intersuisse rates the company a Speculative Buy. To add weight to Black Range's forecasts, Taylor Ranch lies "along strike" from the 13,600t Hansen deposit. The company should complete a resource estimate for the project in the second quarter of 2007.
Black Range has enjoyed an alliance with uranium heavyweight Uranerz Energy Corp since June, managing and conducting uranium projects jointly identified. Uranerz is then responsible for bringing them into production. The alliance already has further prospects in Wyoming and is continuing to negotiate to acquire several more advanced US projects. As an aside, Black Range also has an option to acquire an old Wyoming copper/gold mine that has laid idle since a fire in 1908. Estimates suggest one million tonnes of ore at 5-6% copper and 3-4g/t of gold.
But wait, there's more. Black Range is also sitting on 5.75mt of ore near Broken Hill containing copper, zinc, gold and silver. Says Intersuisse "Black Range is successfully building a portfolio of quality advanced resource projects with near term production potential."
Disclosure - holding BLR
