On 10-15% on decent volumes today, is this just riding the wave of prospective miners, or is this indicative of some positive news? Makes me think the latter, as much better bets at the moment than GSE to make a few bob. I know they are drilling at the old Mary Kathleen Uranium mine, drilling results? This has been creeping up slowly but surely the last few months...maybe slipping under the radar?
ZNO - Zoono Group
- Thread starter bigt
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Any thoughts on the joint venture announced with BHP??
Obviously the lead up to the agm stimulated a few punters...and failed to inspire.
GSE is a bit of a dog atm, no real flagship prospect. The JV with BHP? Well, getting into bed with the big boy will always get a few people excited. 18% of a potentially big find is still potentially very valuable..lets hope BHP find something big..they have committed to spend a substantial amount ($25m).
Then again, peanuts for BHP.
GSE is a bit of a dog atm, no real flagship prospect. The JV with BHP? Well, getting into bed with the big boy will always get a few people excited. 18% of a potentially big find is still potentially very valuable..lets hope BHP find something big..they have committed to spend a substantial amount ($25m).
Then again, peanuts for BHP.
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bigt said:
Thats exactly what I thought, Management lack focus,
If you go back and have a look at their Qtrly reports, each qtr a different project is the focus, its like they rotate, Gold, Uranium, BHP JV etc etc
Until they have a clear focuse and rank prospects in order of importance it will be difficult to have faith in management as currently their picking focus project out of a hat
GSE has around 274 million shares and $1.4 million cash.bigt said:
The share price has gone up to 5.5 cents today, up over 14% now.
At its Mary Kathleen Project GSE is earning up to 75%. The program is targeting uranium mineralisation at the historic Elaine Dorothy prospect and at the recently identified McGregor target.
At Elaine Dorothy, exploration by the previous operators of the former Mary Kathleen Mine, which is located 6kms to the north, identified a significant occurence of uranium ave. 0.28% U308.
The drilling program consists of 1,ooo metres of reverse circulation drilling.
Looks interesting.
DYOR
Their focus seems to have changed to uranium and their ground near the Mary Kathleen Mine looks very interesting. Not much interest on this thread as yet.bigt said:Greggy - yep, large spread but 65%...not too bad..! There is definately a strong whiff of something in the air..smells like yella-cake!
Seriously, hope its good news, they have disappointed recently at their phillipines gold prospect.
DYOR
Now up to 8.5 cents. What a massive increase.bigt said:Greggy - yep, large spread but 65%...not too bad..! There is definately a strong whiff of something in the air..smells like yella-cake!
Seriously, hope its good news, they have disappointed recently at their phillipines gold prospect.
DYOR
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This is running guys!
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I can feel a trading hault coming on
Hi BigT,bigt said:unreal rise today...talk about insider trading...
Its a question of buying an overlooked stock with good potential and buying when no one else is interested.
DYOR
2 Strong Fib Retracemnts IMO...
The second one (less 200%), I hope you were padded up well (armor plated) but hindsight suggests not required...
Happy to hear other views....
EDIT: That strong support I mentioned, may be intraday strong, BUT, sure it will be heavily tested in the coming days, as it has increased 270%
Christmas Cheers
SevenFX
The second one (less 200%), I hope you were padded up well (armor plated) but hindsight suggests not required...
Happy to hear other views....
EDIT: That strong support I mentioned, may be intraday strong, BUT, sure it will be heavily tested in the coming days, as it has increased 270%
Christmas Cheers
SevenFX
