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NTU - Northern Minerals

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Re: NTU - Northern Uranium

ever since the excitement generated by Areva coming in, NTU has not been able to break past the $1.85 resistance and has been yo-yoing around on various announcements.

30 Apr : Cashflow report : sp not much changed
1 May : Exploration Budget approved for Areva operations :sp up
9 May : Initial ground work on Kurundi project : sp down(also due to May)

seems like the market is only holding dear the words 'Areva' and 'Gardiner Tanami Super Project'.

any good news featuring these 2 words will send the sp up again.

i hope NTU is firming up something on the GTSP and will come out with their guns blazing. been a long time waiting for them. I still hold and haven't deserted NTU cause of the big boys Areva.
 
Re: NTU - Northern Uranium

purple said:
ever since the excitement generated by Areva coming in, NTU has not been able to break past the $1.85 resistance and has been yo-yoing around on various announcements.

30 Apr : Cashflow report : sp not much changed
1 May : Exploration Budget approved for Areva operations :sp up
9 May : Initial ground work on Kurundi project : sp down(also due to May)

seems like the market is only holding dear the words 'Areva' and 'Gardiner Tanami Super Project'.

any good news featuring these 2 words will send the sp up again.

i hope NTU is firming up something on the GTSP and will come out with their guns blazing. been a long time waiting for them. I still hold and haven't deserted NTU cause of the big boys Areva.
Click to expand...

I'm not holding NTU, but I'm monitoring the situation carefully as PXR is next door to them in the Tanami area. IMO any positive news coming from NTU's Super Gardiner-Tanami Super Project may well have a strong effect on PXR's share price due to the nearology effect.
To have Areva on board is a very big plus for the company. Areva would have studied NTU's prospects carefully before becoming involved. For them to become the operator of the Super Gardiner-Tanami Super Project shows just how serious they are about the prospectivity of the region. Also, Mega Uranium is also a significant shareholder. They too must be pretty keen on the area.
Compared to other uranium explorers, NTU has held up rather well. Its options, issued at 1c each, are also well above the dollar mark. IMO NTU is holding up well largely because of the Areva connection, both as a major shareholder and operator of the Super Gardiner-Tanami Project.
DYOR
 
Re: NTU - Northern Uranium

Yep Greggy, Northern Uranium in Frankfurt up 5.75%. hope it keeps this trend.

say, can the NTU share price have your duck as a mascot? looks pretty optimistic to me and could speak of better things to come.
 
Re: NTU - Northern Uranium

purple said:
Yep Greggy, Northern Uranium in Frankfurt up 5.75%. hope it keeps this trend.

say, can the NTU share price have your duck as a mascot? looks pretty optimistic to me and could speak of better things to come.
Click to expand...
Hi purple,

My 2 year old daughter chose the duck a couple of weeks ago for me and would get upset if I gave it to anybody else. The NTU share price has continued its recent run today and is up slightly on thin volume. Interest seems to have increased in this stock since Areva took over as the operator of the Super Gardiner-Tanami Project at the start of May 07.
DYOR
 
Re: NTU - Northern Uranium

LOL no worries, greggy.

NTU's 4th attempt to break the 1.90 resistance, and if successful, the 2.00 psychological barrier will be broken, then we'll really see some things happen. 3 unsuccssful attempts in the past sent the price right down 25% every time it neared 1.90.

volume slowly rising.
 

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Re: NTU - Northern Uranium

purple said:
LOL no worries, greggy.

NTU's 4th attempt to break the 1.90 resistance, and if successful, the 2.00 psychological barrier will be broken, then we'll really see some things happen. 3 unsuccssful attempts in the past sent the price right down 25% every time it neared 1.90.

volume slowly rising.
Click to expand...

Nice chart Purple. It will be nice to see where it heads from here. As NTU is now increasing its exploration efforts, no doubt more traders are getting on board.
DYOR
 
Re: NTU - Northern Uranium

Hi all

Whats happened to this stock was 1.55 not long ago. This seemed to have a promising situation instead it has dipped significantly.

Cheers
SG
 
Re: NTU - Northern Uranium

stargazer said:
Hi all

Whats happened to this stock was 1.55 not long ago. This seemed to have a promising situation instead it has dipped significantly.

Cheers
SG
Click to expand...


Bought into this stock at well over $1 some time ago, then received the NTUO options virtually for free which was nice. Topped up recently at just under $1. Fundamentals haven't changed. It appears to have sound prospects and connections, so I can't see why it shouldn't recover and go on from there, especially when uranium comes back into favour.

regards YN:)
 
Re: NTU - Northern Uranium

stargazer said:
Hi all

Whats happened to this stock was 1.55 not long ago. This seemed to have a promising situation instead it has dipped significantly.

Cheers
SG
Click to expand...

Uranium bulls are gone, uranium spot price down another $10, not enough news, buyers are disappearing from market, sellers are not patient enough. any more reasons?
still holding and big loss from here.:mad:
 
Re: NTU - Northern Uranium

Hi all

This is still going down will be at PXR price if it keeps going like this. Would have to be a bargain buy surely.

Cheers
SG
 
Re: NTU - Northern Uranium

any idea who is that "robot seller"?
sp went up 60%+ then due to this crazy thing, it went down to -5%.
what is the idea behind selling like this?:mad:
 
Re: NTU - Northern Uranium

powerkoala said:
any idea who is that "robot seller"?
sp went up 60%+ then due to this crazy thing, it went down to -5%.
what is the idea behind selling like this?:mad:
Click to expand...

What happened with NTU today? No announcements but price went from
42.5c overnight to a high of 68c then back down to 42c. At one stage it went down from 68c to 42c in 15 minutes. Volumes were very low with hardly any transactions above $10,000.

Any ideas what is happening with this company? Is anything in the wind, apart from being ridiculously oversold?:confused:
 
Re: NTU - Northern Uranium

YELNATS said:
What happened with NTU today? No announcements but price went from
42.5c overnight to a high of 68c then back down to 42c. At one stage it went down from 68c to 42c in 15 minutes. Volumes were very low with hardly any transactions above $10,000.

Any ideas what is happening with this company? Is anything in the wind, apart from being ridiculously oversold?:confused:
Click to expand...

someone or "something" just keep selling down, until sp down to negatif area. about the bulls, no idea why.
only waiting for the airborne result as far as i know.
 
Re: NTU - Northern Uranium

another "robot" trading.
does anyone know who is doing this selling?
it keeps appearing every now and then.
what is the purpose?
to push the price down?:mad:
 
Re: NTU - Northern Uranium

another quiet day for ntu.
other uranium sp are moving, but this one just stay there.
anyone still following this?
cheers:eek:
 
Re: NTU - Northern Uranium

I still have a few options PK. Looking at the price now, I'm glad I sold my heads at around the $1.50 mark ($1.54 from memory) - I needed the money for something else. Still watch what it's doing, though.

I got some of NTU in the IPO, so I can't complain, but the share price movement over the last few months is hard to fathom...

Maz
 
Re: NTU - Northern Uranium

nice movement this couple days.
up 6% yesterday and up 10% today.
strong on buyers side.
looking good on the chart as well.
good luck holders.:D
 
Re: NTU - Northern Uranium

Ann out this morning,Kurundi Project Expanded to include Phosphate,up 10% atm but on small volume.Was to be expected but just wish that they would bring out some news re U.Moving up a bit now not much on the bid side but check out the sell side,not much resistance atm
 
Re: NTU - Northern Uranium

The securities of NTU will be placed in pre-open at the request of the company pending the release of an announcement by the company.

05 Aug 2010 12:58
 

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