Australian (ASX) Stock Market Forum

DYL - Deep Yellow

If let you and me pickup a land, it might end up somewhere cheap and useless.

Remember, DYL's people are ex-PDN. They are very experienced. I have a map,"The Investor's Australian Uranium Hot Play Map", and wish you have one too so you can see the location of them, very high quality, trust me.

High market cap already, doesn't allow any value I'm afraid mmmmining.
 
A close above .485 shows great strength. I would not be suprised if this is achieved today but a gain of 14% yesterday may mean a small fall today.
 
I don't think it's day traders buying this. Some pretty hefty numbers being thrown about here. Maybe PDN is upping its stake. Speculation, but there has been quite a number of $50K + trades go through this arvo. I had planned to sell at 47, but will hold a bit longer to see what the commotion is about. Maybe greed will have the better of me. What's the saying 'plan your trade, and trade your plan'. Oh well.
I'm out 49.5. As was stated through my comments, just a chart trade. I think there will be some resistance around this level. I thought 48, so it's surpassed my level. I'll be interested to see why all the interest the past few days. All the best to long term holders.
 
I'm out 49.5. As was stated through my comments, just a chart trade. I think there will be some resistance around this level. I thought 48, so it's surpassed my level. I'll be interested to see why all the interest the past few days. All the best to long term holders.

Damn Chartist, sell it too cheap, market manipulation in the name of resistance level. :D :D
 
DYL Yellowcake is situated 50km from PDN's Namibian holdings, and, more importantly, 50km from PDN's production plant.
Can't see PDN taking over DYL though. They'll keep supporting DYL and keep increasing their shareholding, but will retain it as a seperate entity IMHO.
The Namibian government are tightening up with regard to licencing etc, and it's in PDN's interest to diversify their interests in this part of the world.
 
Yes a big rise, I should have not sold =:( .. Not sure why but the growth is very postive

Will be keeping an eye this week....anyone else know why the jump in DYL at the moment..
 
PDN buying up.

Yep...IMO..I reckon PDN might look at taking over.
PDN HAS stated that they are looking at further developing themselves by the end of this year and that they aren't finished with buying up. {Further diluting themselves though:(}

And why not takeover DYL.
I think they already own 11% of it and its very near their Langer H mine, so alot of infastructure already in place.
 
PDN are telling the market about buying DYL.

Look at DYL announcements dated 30/03/07 and 17/04/07.

If it was PDN buying yesterday then we will see another update.
 
Hmmm well wish my PDN shares where doing as good as DYL... Do you think it's to late to jump on board and get a part of the action or it's possible there could be a turn around once things settle... (not asking advice :) just oppions )
or asking the Mob =:)
 
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