Kauri
E/W Learner
- Joined
- 3 September 2005
- Posts
- 3,428
- Reactions
- 11
SO4 - Salt Lake Potash
- Thread starter YOUNG_TRADER
- Start date
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,041
- Reactions
- 11,057
Re: WHE - Wildhorse Energy
To put it in some perspective, Olympic Dam is about 15 times the size Paladan's resource which would place a value of $60b on BHPs uranium assets if PDNs current market value is correct.**
No appologies for this comment in the WHE thread, as this just emphasises that WHE has a market cap which does not even come close to representing it's 'value', compared to company's with known resources in production...
This can probably be applied across the entire U exploration sector.
(**source - Portfolio Partners quarterly commentary)
Hhhmmm, market caps of all these uranium plays are getting out of hand IMO. Even PDN is off the scale.Halba said:
To put it in some perspective, Olympic Dam is about 15 times the size Paladan's resource which would place a value of $60b on BHPs uranium assets if PDNs current market value is correct.**
No appologies for this comment in the WHE thread, as this just emphasises that WHE has a market cap which does not even come close to representing it's 'value', compared to company's with known resources in production...
This can probably be applied across the entire U exploration sector.
(**source - Portfolio Partners quarterly commentary)
- Joined
- 22 July 2006
- Posts
- 852
- Reactions
- 1
Re: WHE - Wildhorse Energy
Kennas
I have been saying this for quite a while, but the last time I posted any sensible sort of analysis on the Uranium thread, I was shot down.
The reality is, and WHE included, the vast majority of these booming Uranium explorer stocks are going to be sold down when investors who don't know the first thing about sensible mathematical valuation techniques get nervous. It will happen, it is inevitable. Some of the U explorer charts have very similar traits to that of the internet stocks in 99 - 00. For those who have short memories, these stocks came down just as fast as they went up. For better or worse, I have deliberately avoided the U sector since about Dec 06 - it's just too hot!
But don't listen to me, it's different this time, the price of U will keep going up and China, man China!!!!!!!
........ I mean, once a company finds a resource, clearly it should trade at it's resource x spot price less transactions costs of extraction. Don't worry about any of the risks!!!
Cheers
Kennas
I have been saying this for quite a while, but the last time I posted any sensible sort of analysis on the Uranium thread, I was shot down.
The reality is, and WHE included, the vast majority of these booming Uranium explorer stocks are going to be sold down when investors who don't know the first thing about sensible mathematical valuation techniques get nervous. It will happen, it is inevitable. Some of the U explorer charts have very similar traits to that of the internet stocks in 99 - 00. For those who have short memories, these stocks came down just as fast as they went up. For better or worse, I have deliberately avoided the U sector since about Dec 06 - it's just too hot!
But don't listen to me, it's different this time, the price of U will keep going up and China, man China!!!!!!!
........ I mean, once a company finds a resource, clearly it should trade at it's resource x spot price less transactions costs of extraction. Don't worry about any of the risks!!!Cheers
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,041
- Reactions
- 11,057
Re: WHE - Wildhorse Energy
Back onto WHE, taking into consideration the above, some people have made some significant gains on this. That is the fact at the moment. Can it be sustained and for how long? I suppose those who are willing to take the risk and invest in these speccies, need to keep that in mind and have a good exit strategy if/when it turns to poop.
Many will agree here reece, but it's hard to ignore the potential to make money out of these in the short term. It's been an opportunity to make some easy money if you lock in profits. Someone will not have a chair when the music stops though....reece55 said:Kennas
I have been saying this for quite a while, but the last time I posted any sensible sort of analysis on the Uranium thread, I was shot down.
The reality is, and WHE included, the vast majority of these booming Uranium explorer stocks are going to be sold down when investors who don't know the first thing about sensible mathematical valuation techniques get nervous. It will happen, it is inevitable. Some of the U explorer charts have very similar traits to that of the internet stocks in 99 - 00. For those who have short memories, these stocks came down just as fast as they went up. For better or worse, I have deliberately avoided the U sector since about Dec 06 - it's just too hot!
But don't listen to me, it's different this time, the price of U will keep going up and China, man China!!!!!!!
Cheers
Back onto WHE, taking into consideration the above, some people have made some significant gains on this. That is the fact at the moment. Can it be sustained and for how long? I suppose those who are willing to take the risk and invest in these speccies, need to keep that in mind and have a good exit strategy if/when it turns to poop.
- Joined
- 22 July 2006
- Posts
- 852
- Reactions
- 1
Re: WHE - Wildhorse Energy
Kennas
Agreed - many ppl have made money on WHE and good luck to them. I don't want ppl to think I have sour grapes here, I am merely saying that on a risk/reward analysis here (and taht takes technical and fundamental analysis into account) says this one just doesn't stack up. With MBL and Packer backing however , I suppose it was inevitable that in such a hot sector this stock would do extremely well.....
Technically, this thing couldn't look any better - large break on Friday to new highs on relatively high volume. Ordinarily, using a breakout entry method, this would be a spot to actually buy some WHE here!
What concerns me is the type of trades going through the system - all less than about $20 K in each parcel acquired. Now, granted this could be an insto acquiring under the radar, but IMO it is being fueled by retail investors. + total traded for the day was less than $1 Mil - low liquidity to me is always a no go. Anything less than an average of $1 Mil consideration per day. So all in all, I wouldn't be touching at the moment. But I do wish all holders the best of lcuk here!
Cheers
Kennas
Agreed - many ppl have made money on WHE and good luck to them. I don't want ppl to think I have sour grapes here, I am merely saying that on a risk/reward analysis here (and taht takes technical and fundamental analysis into account) says this one just doesn't stack up. With MBL and Packer backing however , I suppose it was inevitable that in such a hot sector this stock would do extremely well.....
Technically, this thing couldn't look any better - large break on Friday to new highs on relatively high volume. Ordinarily, using a breakout entry method, this would be a spot to actually buy some WHE here!
What concerns me is the type of trades going through the system - all less than about $20 K in each parcel acquired. Now, granted this could be an insto acquiring under the radar, but IMO it is being fueled by retail investors. + total traded for the day was less than $1 Mil - low liquidity to me is always a no go. Anything less than an average of $1 Mil consideration per day. So all in all, I wouldn't be touching at the moment. But I do wish all holders the best of lcuk here!
Cheers
- Joined
- 29 January 2006
- Posts
- 7,217
- Reactions
- 4,438
Re: WHE - Wildhorse Energy
reece
Agree with your views.
This time next year............?
Look at a chart of Toro Energy (TOE) and you will get my drift.
The distinction needs always be made between a producer and an explorer, or an explorer with a JORC compliant resource that is serious about a BFS to get some money back.
Otherwise follow the path to rack and ruin, or play Rush-in roulette, as your fancy takes you.
reece
Agree with your views.
This time next year............?
Look at a chart of Toro Energy (TOE) and you will get my drift.
The distinction needs always be made between a producer and an explorer, or an explorer with a JORC compliant resource that is serious about a BFS to get some money back.
Otherwise follow the path to rack and ruin, or play Rush-in roulette, as your fancy takes you.
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,041
- Reactions
- 11,057
Re: WHE - Wildhorse Energy
I think what we've put out there reece is that people need to be careful playing with these types of stocks. Sure you can make some money if you play it right, but you can also get burnt. No one should think these things are going to keep going verticle..
Yep, good luck to those playing with this one.reece55 said:
I think what we've put out there reece is that people need to be careful playing with these types of stocks. Sure you can make some money if you play it right, but you can also get burnt. No one should think these things are going to keep going verticle..
- Joined
- 9 January 2007
- Posts
- 50
- Reactions
- 0
Re: WHE - Wildhorse Energy
So?
"Playing with these types of stock", eh?
These words from a neutral moderator?
Mhmm?
I am remaining fair and just telling, that I probably know where you are doing those big mistakes in evaluating those shares:
You simply don't know how to read the (hungarian) numbers.
I am as kind as could be, when I am saying - please forgive me - that a lot of people who are active here at this board and as well at our German board and in Stockhouse USA / Canada (and I am not speaking of myself) are laughung their heads off by your notes and comments you guys are making here.
Some of those guys are really moving money and are in that business for a long time.
You don't know what those numbers mean!
You are simply reading the numbers and fundamentals wrong - as I said the first day I came to this funny board.
So: Do what you like!
Let us giggle a bit in Germany...
And before you are marking me for ramping:
Be kind, be fair.
Kisses,
panem
PS: And again as an offer: Rate Western Prospector for me!
Perhaps I can show you the diferences in the Canadian /US - ratings, the German ratings and the Aussie - Value
kennas said:
So?
"Playing with these types of stock", eh?
These words from a neutral moderator?
Mhmm?
I am remaining fair and just telling, that I probably know where you are doing those big mistakes in evaluating those shares:
You simply don't know how to read the (hungarian) numbers.
I am as kind as could be, when I am saying - please forgive me - that a lot of people who are active here at this board and as well at our German board and in Stockhouse USA / Canada (and I am not speaking of myself) are laughung their heads off by your notes and comments you guys are making here.
Some of those guys are really moving money and are in that business for a long time.
You don't know what those numbers mean!
You are simply reading the numbers and fundamentals wrong - as I said the first day I came to this funny board.
So: Do what you like!
Let us giggle a bit in Germany...
And before you are marking me for ramping:
Be kind, be fair.
Kisses,
panem
PS: And again as an offer: Rate Western Prospector for me!
Perhaps I can show you the diferences in the Canadian /US - ratings, the German ratings and the Aussie - Value
- Joined
- 28 May 2004
- Posts
- 10,841
- Reactions
- 5,195
Re: WHE - Wildhorse Energy
When it comes to evaluating/analysing stocks I have no idea where you got the impression that moderators should be "neutral". Are you suggesting they are not entitled to an opinion? Moderators are regular members of this site just like anyone else and are entitled to share their views like anyone else.
panem said:
When it comes to evaluating/analysing stocks I have no idea where you got the impression that moderators should be "neutral". Are you suggesting they are not entitled to an opinion? Moderators are regular members of this site just like anyone else and are entitled to share their views like anyone else.
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,041
- Reactions
- 11,057
Re: WHE - Wildhorse Energy
I think all the numbers presented here have been direct from the company and been assessed fairly.
What's your analysis of the Hungarian numbers Panem? Historical drilling was 2 holes claiming 385 ppm from Gamma Ray Logging and 2600 from checmical analysis. These two results are good, but are they actually on their tennament or near by. I can't work that out.
Apologies if that was not being neutral, but my job perhaps is not to be neutral, but objective, as I have been here.panem said:
I think all the numbers presented here have been direct from the company and been assessed fairly.
What's your analysis of the Hungarian numbers Panem? Historical drilling was 2 holes claiming 385 ppm from Gamma Ray Logging and 2600 from checmical analysis. These two results are good, but are they actually on their tennament or near by. I can't work that out.
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,041
- Reactions
- 11,057
Re: WHE - Wildhorse Energy
Old news, but interesting article out today:
Wildhorse set to produce uranium by 2010
January 22, 2007 - 9:06PM
Uranium hopeful Wildhorse Energy Ltd is looking to establish itself as a producer by 2010, and mining major Rio Tinto could play a big hand in its ambitions.
Wildhorse has flagged its intention to join the ranks of the producers within the next four years with its two key assets in the United States the focus of this goal.
These assets include the Bison Basin and Sweetwater project's located in the state of Wyoming and adjacent to the largest uranium mill in the US, owned by Rio Tinto.
Rio recently withdrew from the proposed sale of the mill, which has been on care and maintenance since the early 80s, following the renewed interest in the uranium price.
Wildhorse managing director Richard Pearce said the company had calculated it would cost up to $60 million to bring a new facility online, but if Rio decided to re-start the mill it could have considerable economic benefits.
"Toll treating with Rio changes things considerably," Mr Pearce said.
"Rio Tinto has a feed issue and Bison Basin is an option for them.
"There are also other mines in the area coming online."
Mr Pearce said Rio had already formed a team to investigate re-starting the mill, which has a capacity of four million pounds per annum.
Bison Basin and Sweetwater are both historical producing assets.
Longer term, Wildhorse holds three projects in Hungary which it hopes to bring to a feasibility stage over the next two years.
Mr Pearce said the company would look to prove up to about 45 million pounds in resources across its suite of projects over the next 18 months.
"We are not an exploration company, it is very much a development focus," Mr Pearce said.
"We have a sizeable resource, (we're) in locations where we can develop mines with the likelihood of doing that in a relatively short period of time."
Wildhorse is backed by Macquarie Bank Ltd and a company associated with James Packer.
Shares in the company added 13 cents to close at $1.81.
Old news, but interesting article out today:
Wildhorse set to produce uranium by 2010
January 22, 2007 - 9:06PM
Uranium hopeful Wildhorse Energy Ltd is looking to establish itself as a producer by 2010, and mining major Rio Tinto could play a big hand in its ambitions.
Wildhorse has flagged its intention to join the ranks of the producers within the next four years with its two key assets in the United States the focus of this goal.
These assets include the Bison Basin and Sweetwater project's located in the state of Wyoming and adjacent to the largest uranium mill in the US, owned by Rio Tinto.
Rio recently withdrew from the proposed sale of the mill, which has been on care and maintenance since the early 80s, following the renewed interest in the uranium price.
Wildhorse managing director Richard Pearce said the company had calculated it would cost up to $60 million to bring a new facility online, but if Rio decided to re-start the mill it could have considerable economic benefits.
"Toll treating with Rio changes things considerably," Mr Pearce said.
"Rio Tinto has a feed issue and Bison Basin is an option for them.
"There are also other mines in the area coming online."
Mr Pearce said Rio had already formed a team to investigate re-starting the mill, which has a capacity of four million pounds per annum.
Bison Basin and Sweetwater are both historical producing assets.
Longer term, Wildhorse holds three projects in Hungary which it hopes to bring to a feasibility stage over the next two years.
Mr Pearce said the company would look to prove up to about 45 million pounds in resources across its suite of projects over the next 18 months.
"We are not an exploration company, it is very much a development focus," Mr Pearce said.
"We have a sizeable resource, (we're) in locations where we can develop mines with the likelihood of doing that in a relatively short period of time."
Wildhorse is backed by Macquarie Bank Ltd and a company associated with James Packer.
Shares in the company added 13 cents to close at $1.81.
- Joined
- 24 March 2007
- Posts
- 8
- Reactions
- 0
WHE-Wild Horse Energy Ltd
Anybody would like to comment on Wild Horse Energy?
I understand it is yet another uranium exploration company, operating in Wyoming and Hungary.
Anybody would like to comment on Wild Horse Energy?
I understand it is yet another uranium exploration company, operating in Wyoming and Hungary.
- Joined
- 7 October 2006
- Posts
- 877
- Reactions
- 0
Re: WHE - Wildhorse Energy
I have to admit that I don't like the following things from a company presentation:
"Implied WHE share price price: A$4.39...."
Or according to peer analysis, we are significantly undervalued..., or so...
I have seen quite a few of such statement, from UXA, IPT....
I simply don't like company self-promotion on its share price. They should promote the company business...
But nevertheless, you never know what will happen to these companies. The risk of missed out huge paper gain will make it unthinkable not to invest in WHE because of such a small issue.
I have to admit that I don't like the following things from a company presentation:
"Implied WHE share price price: A$4.39...."
Or according to peer analysis, we are significantly undervalued..., or so...
I have seen quite a few of such statement, from UXA, IPT....
I simply don't like company self-promotion on its share price. They should promote the company business...
But nevertheless, you never know what will happen to these companies. The risk of missed out huge paper gain will make it unthinkable not to invest in WHE because of such a small issue.
- Joined
- 7 October 2006
- Posts
- 877
- Reactions
- 0
Re: WHE - Wildhorse Energy
Since my last post, WHE has made some significant progress with the Bison Project.
Just scanning all uranium stocks today, WHE is a dirty cheap one now. It is just a matter of time before people can realise it.
Since my last post, WHE has made some significant progress with the Bison Project.
Just scanning all uranium stocks today, WHE is a dirty cheap one now. It is just a matter of time before people can realise it.
Re: WHE - Wildhorse Energy
have been keeping a close eye on WHE lately - it has been quiet.
Could it be the market is a bit tired of it considering WHE were so forthright in their investor presentations re; their resource target estimates?? Sought of takes away the x-factor now doesn't it.... Bet I am wrong lol....
have been keeping a close eye on WHE lately - it has been quiet.
Could it be the market is a bit tired of it considering WHE were so forthright in their investor presentations re; their resource target estimates?? Sought of takes away the x-factor now doesn't it.... Bet I am wrong lol....
- Joined
- 24 March 2007
- Posts
- 8
- Reactions
- 0
Re: WHE - Wildhorse Energy
So, what exactly made you change your mind, Mr mmmining?
So, what exactly made you change your mind, Mr mmmining?
- Joined
- 10 May 2007
- Posts
- 1
- Reactions
- 0
Re: WHE - Wildhorse Energy
And now we have a trading halt in yet another aussie stock, this time its Wildhorse.
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00720136
Any ideas about the reason for this?
Hope its not another IPO like in Korab and Energy Ventures, since its really not that favourable for me as a foreign shareholder with a broker that registers all shares in their name and not for me directly.
And now we have a trading halt in yet another aussie stock, this time its Wildhorse.
http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00720136
Any ideas about the reason for this?
Hope its not another IPO like in Korab and Energy Ventures, since its really not that favourable for me as a foreign shareholder with a broker that registers all shares in their name and not for me directly.
