DYL - Deep Yellow

[toc_bat]

As at Jan 2007 Paladins overall uranium reserves totalled 97,000tonnes with average grades of above .08% giving PDN a current market price of between $8.00 to $9.00

this has me thinking, all this talk of pounds of uranium these companies have, so when you say pounds do you mean a pound of raw ore, or a pound of purified Uranium, after all the current spot price of Uranium refers to purified metal doesnt it? so 97000t of ore at .08% is 77.6t or Uranium,

bye

 

[spooly74]

this has me thinking, all this talk of pounds of uranium these companies have, so when you say pounds do you mean a pound of raw ore, or a pound of purified Uranium, after all the current spot price of Uranium refers to purified metal doesnt it? so 97000t of ore at .08% is 77.6t or Uranium,

bye

I think it starts with the total ore resource first but you can also work it backwards.
If Paladin has 97000t U @ .08%

97000/0.08 * 100 = 121.25 million tonnes of ore to dig up to get 97000t of U.

or if you know a company (company x) has 65 million tonnes of ore at an average grade of 0.34%U

then

65000000 * 0.34 / 100 = 221000t of U

cheers

 

[Sean K]

I think the biggest potential for DYL has to do mainly with Namibia. Napperby, NT has only got a medium-small potential resource of 6000 tonnes (13.2mil lbs) U308.

Need to check this Hitman. The JORC they got at Napperby is only 1.5m lbs inferred. The DYL directors are 'confident' that with further drilling this will be increased to between 5700 and 6200 tns. This is NO certainty. They may get more, or less.

 

[MalteseBull]

DYL recently purchased a heap of tennaments up in QLD,

did everyone read it?

 

[tester12]

Seems to have bounced off the 45.5 mark.. Hoping for a another run maybe
PDN is up 5%

 

[hitmanlam]

Ok guys. I got out 2day at 46.5c. Made a abit of a loss. Protecting my capital. I must say that I've learnt a whole heap from this trade. I think i'm begginning to respect more of the fundamentals of a stock. Its one thing to trade momemtum, trend, price action. And these things are i still crucial to trading/investing. But with a rapid rise, fundamental start coming more into play as companies become abit expensive.

Anyways, I'm going to put this money into another U stock that i think has better fundamentals & a good upward trend.

My belief is that MTN & DYL could run upwards as hard as each other. But in an event of a correction of the market, MTN would hold up little bit cause of its good fundamentals whilst DYL would crash. Just a thought.

PS. I still do believe that DYL will go up. But i also believe that there are U stocks out there that would perform better than DYL.

 

[zed327]

Onya Hitmanlam.Ya gotta go with ya gut feeling.Better to run away today so you can fight again tomorrow rather than watch the price keep sliding and get really hurt.I agree with you on your assessment of MTN and DYL.

 

[hitmanlam]

My first chart. Does this look alright?

Should find support and bounce of previous resistance at 43c. If this doesn't hold, will find major support at around 35c. Note also that the MACD has crossed.

 

[Sean K]

My first chart. Does this look alright?

Should find support and bounce of previous resistance at 43c. If this doesn't hold, will find major support at around 35c. Note also that the MACD has crossed.

Good work hitman.

I would expect support as you have indicated but the current momentum has it going down as the MACD points.

Perhaps punters have decided the market cap was getting a bit hexie when compared to other players with JORCs......

Still watching this with interest to perhaps reenter. There is going to be more consolidation in the U juniors and this has some prospective land and their relationship with PDN is positive.

 

[PhoenixXx]

MACD tends to show that the share price will drop, but today seems that they have support to back it up to 50c.

 

[hitmanlam]

MACD tends to show that the share price will drop, but today seems that they have support to back it up to 50c.

Phoenix, i know how you feel........

Could be worst though. Could have bought YML at 30c.

PS. I didn't end up buy it but i was just about to. Tossed up between DYL & YML. In the end, decided DYL.

 

[MalteseBull]

anyone know why huge parcels of 100K and 200K are going through this morning?

 

[Sean K]

anyone know why huge parcels of 100K and 200K are going through this morning?

People are trying to get rid of it?

 

[MalteseBull]

People are trying to get rid of it?

you mean buy it up,

finally broke the 50cps resistance today

could you do a chart or something kennas

 

[Sean K]

you mean buy it up,

finally broke the 50cps resistance today

could you do a chart or something kennas

LOL, someone has to be selling for it to be bought. If it's going down then there's more people wanting to sell than buy...

Doing these charts isn't too hard MB, I think you should have a crack!

www.bigcharts.com

In the field where you put the stock code you need to put in au: first then the stock code. So DYL will be au:dyl, and you're away! Have fun.

 

[MalteseBull]

LOL, someone has to be selling for it to be bought. If it's going down then there's more people wanting to sell than buy...

Doing these charts isn't too hard MB, I think you should have a crack!

www.bigcharts.com

In the field where you put the stock code you need to put in au: first then the stock code. So DYL will be au:dyl, and you're away! Have fun.

thanks kennas i gotta read up on it

 

[Serpie]

Thanks very much for posting that link to Bigcharts Kennas.
Great fun, and lots of help for us newbies. Much appreciated.
Cheers
Serpie

 

[Moneybags]

Thanks very much for posting that link to Bigcharts Kennas.
Great fun, and lots of help for us newbies. Much appreciated.
Cheers
Serpie

yeah.....what he said.

MB

 

[camaybay]

Charting

Incredible charts is also easy to use and you can keep various watch lists. Easy cross reference when into other sites. 30 days free. I found it here.
dyor

 

[zt3000]

Good volume again today. Announcement in regards to Mt Isa due soon. Watching very carefully