South Australian Uranium Explorers
- Thread starter Sean K
- Start date
Hi Kennas,I can't find any info on this project greggy.The U projects I see are in WA.
Please have a look at ERL's prospectus. It contains plenty of information on its Torrens Project, an Olympic Dam style copper-gold-uranium project that lies within the Torrens Hinge Zone on the margin of the Gawler Craton in South Australia.
Greggy
DYOR
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,005
Got it, thanks. You could have given me a link!
http://www.resourcesempire.com.au/torrens_copper.html
- Joined
- 24 November 2006
- Posts
- 437
- Reactions
- 0
Great thx
Got it, thanks. You could have given me a link!
http://www.resourcesempire.com.au/torrens_copper.html
Hi Kennas,
Sorry about that Chief (taken from Get Smart). I responded in haste.
- Joined
- 9 February 2007
- Posts
- 302
- Reactions
- 0
my experience following the stock market over the last 24 months.
we have had wavering interest amongst the sectors in speculative terms, where groups of stocks have run at the same time. i guess its a bull market so this is going to happen. but in short
we had copper stocks.
we had nickel stocks.
we had zinc stocks
we had uranium stocks
we had oil stocks and gas stocks
we had some biotech
we had some stocks
we had private equity take overs
all have come in different waves i feel. TO me it would appear at the moment, oil and gas stocks are having a good run, uranium will have its next burst at some stage, just a matter of getting in at the right price.
I guess buying when the spot light isn;t on the sector is where you can make some gains.
we have had wavering interest amongst the sectors in speculative terms, where groups of stocks have run at the same time. i guess its a bull market so this is going to happen. but in short
we had copper stocks.
we had nickel stocks.
we had zinc stocks
we had uranium stocks
we had oil stocks and gas stocks
we had some biotech
we had some stocks
we had private equity take overs
all have come in different waves i feel. TO me it would appear at the moment, oil and gas stocks are having a good run, uranium will have its next burst at some stage, just a matter of getting in at the right price.
I guess buying when the spot light isn;t on the sector is where you can make some gains.
Hi Ken,
Some intelligent observations there. IMO I find that its better to pick overlooked stocks with strong potential in resource sectors that are just starting to run. That way one will often buy interesting shares at very reasonable prices. In relation to the uranium sector, its just a question of trying to find some value in an overvalued sector. With a bit of luck you can still find them, its just a matter of doing some hard yakka. Its also preferable to stick to NT and SA (especially SA) as this is where the political climate is friendliest in relation to uranium in Australia. Overseas, in many countries, the political climate is much more favourable.
DYOR
DYOR
I beg to differ.
Holding stocks in a booming sector is the best way to play it.
Look at the oil&gas plays that have been firing last 2 months. MEO, NWE, AED, MPO... thats just the ones i was involved in... then you got OEL, CVN a recent one....
You can get into uranium now yeh i agree but how long before sentiment favours uranium again?
Could be in a couple of weeks or a couple of months.
If you just wanna sit on something and leave your money doing nothing for this time, then its okay, but not my cup of tea thanks.
Hi Nizar,
THe CSM explorers in particular have done very well, especially my old favourite SHG, now well over $1. Its hard to pick which sector will perform next so its best to pick stocks when things first begin to hot up.
I still think that uranium stocks moving in West Africa have held up rather well in particular. I'm hoping that PXR will get a major bounce should it find a suitable project there. Uranium stocks, when first listed, are still enjoying the sunshine.
With the number of bears growing, I still think that this resource boom is far from over. With China, India, Russia and even Brazil growing their economies rapidly the ever growing demand for resources is likely to continue for a while yet. Last time we had a major resources boom Japan played a major part. This time its 2 countries having a major impact and four if you include Russia and Brazil. Back to you Nizar for your wise observations.
DYOR
I agree with Nizar about the last 2 months with oil and gas being in MAE and HZN. You need that market momentum in a sector to gain good profit.Trying to pick the next popular sector run is pure spec.Buying in when a sector has momentum is just commen sense.We,ve all made the mistake of thinking this will defintly run even though the sector has negative sentiment, but for short term trading you need positive sentiment for best results
Lately I found that my best returns have been with diversified mining specs, those being YML, MZMO and ERL. Hence, by having exposure to several different commodities, they will still have at least a bit of a run should various sectors move up. YML has had good runs when both the nickel price and iron price has gone up. I bought ERL when it was 20 cents largely for its exposure to uranium, but good results from its gold project pushed its price up to the 50 cent range in a matter of weeks. Until recently, I usually largely opted for shares with exposure to one major commodity. Food for thought.I agree with Nizar about the last 2 months with oil and gas being in MAE and HZN. You need that market momentum in a sector to gain good profit.Trying to pick the next popular sector run is pure spec.Buying in when a sector has momentum is just commen sense.We,ve all made the mistake of thinking this will defintly run even though the sector has negative sentiment, but for short term trading you need positive sentiment for best results
My family currently has speculative holdings in BYR, ERLO and PXRO.
DYOR
Similar threads
