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NUP - Nupower Resources

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Re: NUP - NuPower Uranium

mmmmining said:
Just as I predicted, the company release the results at a "very convenient timing".

The bad news, the uranium finding is not very impressive.

To me, the good news is one of the results is NEWM204 with 5m width at 1760ppm. If you cross reference the spot of NEWM204 and a Radiometric Anomalies Map on July 06 presentation, it is right on one of the white spot No "7". So we can roughly establish white spot = highly likely uranium.

There are spot No "9", "10", "11" with hot white spots all over, I believe the chance to find high grade uranium is very high.

Another development is I believe the NUP could release of Lucy Creek drilling result in a couple of days since they have finished the drilling last Nov. If it is true, it must be very good news.
Click to expand...

My statement still stands. If you still have any doubt about the potential of Lagoon Creek, do a visual comparsion by yourself. There is why LAM.TO want to spend millions on it. Maybe a takeover offer on the card. LAM.TO has the advantage.

I don't know what price is fair for NUP because it does not have a JORC resources. Pure speculation, but very luckily, Mr Market give it a very favorable valuation. Whoever hold it should be very thankful.

This is why I said: Never fight against Mr Market.
 
Re: NUP - NuPower Uranium

Hi,

Nice gain today on NUP I am very thankful as I consider making money this easy is normally very hard for others.

Dom :)
 
Re: NUP - NuPower Uranium

Good morning everyone,

Nup should have an other good day today, so far since i bought them it has gone up 52% in roughly a week. I am not bragging or ramping but just sharing my good fortune with everyone. I hope you all have a good day on the sharemarket.

Regards

Dom :)
 
Re: NUP - NuPower Uranium

Uranium said:
Good morning everyone,

Nup should have an other good day today, so far since i bought them it has gone up 52% in roughly a week. I am not bragging or ramping but just sharing my good fortune with everyone. I hope you all have a good day on the sharemarket.

Regards

Dom :)
Click to expand...

Hi mate,

You're probably bragging for a newbie, but you're don't want to admit it.:) Congratulations on having done so well. It was another good rise yesterday on a bad day for the market.
DYOR
 
Re: NUP - NuPower Uranium

Uranium said:
I am not bragging or ramping but just sharing my good fortune with everyone. Dom :)
Click to expand...
Dom, if you really want to share your good fortune with everyone, I drink red. A Henschke Hill of Grace would be nice. I'll PM you my address so you can post it to me. Cheers! :)
 
Re: NUP - NuPower Uranium

The skyrocketing price for NUP promoting me to rethink what is behind this. Honestly, I believe it might only worth about $1 before the de-merge. With EV like $60m, under current valuation standard, it need to have 6-10mlb uranium resources.

Since the Lagoon Creek is its best bet, but can only own 40%. So if Lagoon Creek can find 15mlb to 25mlb uranium, the share price is fully justified.

The Westmoreland might be the first uranium mine for Laramide. So there is a possibility for a takeover by Laramide to consolidate the land holding.

Anyway, a lot of blue sky built in this stock.
 
Re: NUP - NuPower Uranium

I think a T/O mentality may be driving it along also by its JV Laramide :2twocents

cheers laurie
 
Re: NUP - NuPower Uranium

mmmmining said:
The skyrocketing price for NUP promoting me to rethink what is behind this. Honestly, I believe it might only worth about $1 before the de-merge. With EV like $60m, under current valuation standard, it need to have 6-10mlb uranium resources.

Since the Lagoon Creek is its best bet, but can only own 40%. So if Lagoon Creek can find 15mlb to 25mlb uranium, the share price is fully justified.

The Westmoreland might be the first uranium mine for Laramide. So there is a possibility for a takeover by Laramide to consolidate the land holding.

Anyway, a lot of blue sky built in this stock.
Click to expand...

Mining
It only has 43million shares.
So even at $1+ its not that expensive.
 
Re: NUP - NuPower Uranium

The biggest pump I have seen:

I can read and am not blind.

What is in these drill results?

A quick glance at the results and its very ordinary.

5 metres at 0.18% (3.9 lb/T) U3O8 from 124 metres in NEWM204
5 metres at 0.06% (1.2 lb/T) U3O8 from 73 metres in NEWM222
4 metres at 0.02% (0.4 lb/T) U3O8 from 61 metres in NEWM217
2 metres at 0.05% (1.2 lb/T) U3O8 from 65 metres in NEWM216

Paying $60m for this is $60m too much!
 
Re: NUP - NuPower Uranium

Halba said:
The biggest pump I have seen:

I can read and am not blind.

What is in these drill results?

A quick glance at the results and its very ordinary.

5 metres at 0.18% (3.9 lb/T) U3O8 from 124 metres in NEWM204
5 metres at 0.06% (1.2 lb/T) U3O8 from 73 metres in NEWM222
4 metres at 0.02% (0.4 lb/T) U3O8 from 61 metres in NEWM217
2 metres at 0.05% (1.2 lb/T) U3O8 from 65 metres in NEWM216

Paying $60m for this is $60m too much!
Click to expand...

Halba I've watched you post over and over again on this, let it go mate, YOU WERE WRONG!

NUP wasn't a dud, it listed at 80c and got as high as $1.60c taking ARU from 70c to $1.40.

If you knew fundamentals you should have seen this would happen given NTU's performance. KOR's spin off will go hard too, but you seem to think not, again we shall see.
 
Re: NUP - NuPower Uranium

I should add while I don't think the stock is good value from a fundamental point of view it could still go higher given the fact that similar to NTU its got a Canadian major on board and has prospective grounds in N.T.

Regardless I wouldn't buy it now, but that doesn't mean I agree with this

Halba said:
Paying $60m for this is $60m too much!
Click to expand...
 
Re: NUP - NuPower Uranium

Especially when you got it for nothing if you held ARU :D

cheers laurie
 
Re: NUP - NuPower Uranium

Hi Greggy,

I hope my luck continues as a new trader (beginners luck maybe). I am enjoying the ride even though they were a little down yesterday I am expecting them to rise again especially as they had hit $1.65 which was amazing really. I have only done a small amount of research on this company but just the expectations is enough to excite the market.. I Have also (yesterday bought some TRF shares @.92 which went up 10% to my surprise never could I get that from a bank in one day!!! If this keeps going i may stop my day job:) :) :) . Anyway best of luck to everyone today, I am of to work. :mad:

Dom :)
 
Re: NUP - NuPower Uranium

Ahha uranium nice nick there. Well you can join people like me who has quit their day job. Good luck in your trades.

YOUNG_TRADER said:
let it go mate, YOU WERE WRONG!
Click to expand...

Yep will do. But market will sort you guys out in time. The 'wheat from the chaff'. If NUP doesn't have anything it will fall. In the case of me being wrong, not one announcement of substance has come after listing. NUP has just gone up due to hype. I don't see anything to back up its increase in market value.
 
Re: NUP - NuPower Uranium

Significant results, greater than 100ppm U, are summarized as follows:
LCRC027: 4.0m @ 163ppm U3O8 (0.36lb/t U3O8) from surface,
including 1.0m @ 272ppm U3O8 (0.60lb/t U3O8) from surface.
LCRC045: 1.0m @ 123ppm U3O8 (0.27lb/t U3O8) from 3.0m

WOWW!! AMAZING!
 
Re: NUP - NuPower Uranium

Halba said:
Ahha uranium nice nick there. Well you can join people like me who has quit their day job. Good luck in your trades.



Yep will do. But market will sort you guys out in time. The 'wheat from the chaff'. If NUP doesn't have anything it will fall. In the case of me being wrong, not one announcement of substance has come after listing. NUP has just gone up due to hype. I don't see anything to back up its increase in market value.
Click to expand...


Brother IT DOESNT MATTER THE REASON!!!
ME AND YT UNDERSTAND THIS PERFECTLY.

YOU MAKE THE SAME MONEY WHETHER GRADES WERE 10PPM OR EVEN IF THEY WERE 20,000PPM AND PUT CANADIANS TO SHAME!!

You missed the boat - just accept it - move on to the next one - its a bullmarket so plenty of opportunity! :D
 

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