DYL - Deep Yellow

[MalteseBull]

anyone read the article in the AFR today re: uranium

DYL gonna be big i tell u

 

[56gsa]

no access to afr - could someone please post it...??

 

[Fab]

What he means is:
a) Read through this thread
b) Read the annual reports and announcements published
c) Go to the company website
d) Google a bit

I know I am being lazy there

 

[CanOz]

I know I am being lazy there

LOL @ FAB! Worth a try.

 

[Fab]

What's going on with DYL ? Big volume today

 

[Sean K]

1.5 m lbs contained U3O8. I have more than that in my backyard. I live in an apartment!

As a comparison, SMM have about 75m lbs JORC with 6 more JORCs to be issued by the end of the year.

 

[toc_bat]

1.5 m lbs contained U3O8. I have more than that in my backyard. I live in an apartment!

As a comparison, SMM have about 75m lbs JORC with 6 more JORCs to be issued by the end of the year.

kennas i take it you either holding SMM or intend to?

SIX! SIX? bloody ell six Jorcs before 2006 close, it ought to quadruple in price!! or sixthtuple (is that a word?)

 

[Sean K]

kennas i take it you either holding SMM or intend to?

SIX! SIX? bloody ell six Jorcs before 2006 close, it ought to quadruple in price!! or sixthtuple (is that a word?)

LOL.

I do hold SMM. Sixthtuple, only if those JORCs sixthtuple the resouce base of course! Not likely. Maybe stretch it to 100 m lbs. It's pretty much factored into the sp though I think.

I did have DYL and sold out (too early of course).

DYL have some great prospects but this JORC resource is a little, um, conservative. Market likes it however, up 6% ish.

Perhaps I should release a JORC for the radioactivity eminating from my apartment. I reckon there's about 350ppm comming from the microwave, and about 500ppm from the dunny at the moment.

 

[Ubull]

Suggest you re-read the notice - the JORC refers to ONLY a 1 km subset of the whole area and has a cut-off of 360p ppm - same as the old Uranerz data. They have proved up the Uranerz data in that 1 km area so the inference is that the data is good over the whole area (in fact they added 20%) using the same very high cut-off.

 

[Sean K]

Suggest you re-read the notice - the JORC refers to ONLY a 1 km subset of the whole area and has a cut-off of 360p ppm - same as the old Uranerz data. They have proved up the Uranerz data in that 1 km area so the inference is that the data is good over the whole area (in fact they added 20%) using the same very high cut-off.

So, if all comes to plan, they'll have about 13 m lbs?

That's ok I suppose.

Still, down the list of resources in the country. Wonder if it'll be viable by the time they can mine it?

 

[Ubull]

So, if all comes to plan, they'll have about 13 m lbs?

That's ok I suppose.

Still, down the list of resources in the country. Wonder if it'll be viable by the time they can mine it?

It's in the NT, safe to assume it can get to mine faster there?

 

[Sean K]

It's in the NT, safe to assume it can get to mine faster there?

Absolutely, but by the time they get a JORC that they can get to the BFS stage with, and then build infrastructure, you're probably looking at 5 years.

The next mine will be Beverley 4 Mile (yes, yes, no JORC yet, due soon, and yes, I own this - AGS) simply because it's 8km from Beverley and Heathgate own Quasar and whalah! ADmittedly, still more drilling to do there and BFS blah blah. Hhhmm, maybe it's 5 years at least too....

 

[Gurgler]

kennas i take it you either holding SMM or intend to?

SIX! SIX? bloody ell six Jorcs before 2006 close, it ought to quadruple in price!! or sixthtuple (is that a word?)

err, that's 'sextuple' (excuse my French, Joe Blow )

 

[jemma]

Absolutely, but by the time they get a JORC that they can get to the BFS stage with, and then build infrastructure, you're probably looking at 5 years.

The next mine will be Beverley 4 Mile (yes, yes, no JORC yet, due soon, and yes, I own this - AGS) simply because it's 8km from Beverley and Heathgate own Quasar and whalah! ADmittedly, still more drilling to do there and BFS blah blah. Hhhmm, maybe it's 5 years at least too....

kennas,

I am back in DYL, you may laugh but we will see $1 plus by mid Feb.

I will come back to remind you then. Based on you ask? Not enough space here to write an answer.

Results from Lochness due end Feb also. Namibia starting in Jan. Have it on good authority fund managers in Canada are looking for a stake now also in it.

DYOR - consolidating now after a failed breakout, but will have another go next week IMO.

 

[Sean K]

kennas,

I am back in DYL, you may laugh but we will see $1 plus by mid Feb.

I will come back to remind you then. Based on you ask? Not enough space here to write an answer.

Results from Lochness due end Feb also. Namibia starting in Jan. Have it on good authority fund managers in Canada are looking for a stake now also in it.

DYOR - consolidating now after a failed breakout, but will have another go next week IMO.

LOL. $1.00 by mid Feb. Yes, you can remind me then. I have it on my whiteboard to do the same.

Yes, consolidating, but a drop below $0.32 will be very dangerous. It's a little oversold right now on stochastics, but it could drop further on no news I think. Would like to see it consolidate a little more and create some higher lows before getting back in.

I hope it does go to $1.00 Jemma! There is every chance with the way U stocks are performing. Good luck.

 

[Devilito]

John Howard has announced that he supports Uranium Exports and do not rule out the possibility of Gradual use of nuclear power. Which is a very positive news for local U miners, like DYL....

 

[Joe Blow]

I am back in DYL, you may laugh but we will see $1 plus by mid Feb.

I will come back to remind you then. Based on you ask? Not enough space here to write an answer.

Jemma if you are going to post price targets (especially one that is more than double the current share pice) then you are going to have to offer up some kind of basis for your view.

A summary would be fine.

 

[Fab]

John Howard has announced that he supports Uranium Exports and do not rule out the possibility of Gradual use of nuclear power. Which is a very positive news for local U miners, like DYL....

DYL is still cheap compared to the like of SMM, MTN and AGS. I did not do much research on this one but bought on the fact that PDN took a large stack in it. Can anyone let me know if they think this one is likely to rise maybe like AGS in the near future. AGS starting it's stellar rise around the 0.40 to up to 1.84 now
I know I am being a bit lazy but I figure out that someone might have already investigated this one in depth.

Thanks

 

[nizar]

In my opinion, this will go off 2mrw.

The price action today was very similar to PEN on friday.

PEN even today at 11am was 7.6 so you couldve made good profit, but the signs were there to get into this one on friday. All time high close at 6.9. Intraday record was at 7.1 and this was not yet breached (on friday). On friday it had average volumes and closed on its daily high.

DYL closed today at an impressive 47c, all time high close. If you look at he historicals, 42.5c was the previous all time high close. 48.5 was intraday and this wasnt breached today. Also, like PEN on friday, it closed at its high for the day, ie. buyers chased, and todays volumes were average.

As such, i took a position today at 0.46 near the close with a tight stop. Iv found that by doing this, theres a good chance by getting a high R-multiple winner. Eg. MLS when it closed at 9.1c Open next day at 9.7c and shortly after to 10. Eg. HAV it closed at all time high and good volumes at 1.375. Next day shortly after open at 1.495.

Any other thoughts and opinions?

 

[gresim25]

nice to see someone is thinking exactly like me

got in today too close to the end @ 46 with tight stop

shuld be nice tomorrow