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URA - Uran Limited

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Kiernans son is MD of Crawley Investments and basicly the old mans gopher. Crawley investments is run by Micheal Kiernan and it is him that would have orderd his son to sell.
Something is starting to stink about this company. I hope i'm wrong because i put a fair bit into it. :banghead:
Anymore directors selling out will show where this company is heading.
I bought on the Ukraine development so Rozna did not concern me but Kiernan selling 2 million shares when the share price needed support does concern me. :mad:
 
zed327 said:
Anymore directors selling out will show where this company is heading.
I bought on the Ukraine development so Rozna did not concern me
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No more directors selling out now, instead one operations director from SRK Consulting has been hired, and he's out to Uzbek and Ukraine :D

I still kinda wish I can get in on the SPP though, but I managed some nice top-ups during the correction, so not much I can complain there ;)
 
Mousie said:
No more directors selling out now, instead one operations director from SRK Consulting has been hired, and he's out to Uzbek and Ukraine :D

I still kinda wish I can get in on the SPP though, but I managed some nice top-ups during the correction, so not much I can complain there ;)
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I am fairly new to the market and have always been confused by the toper upers while a share is falling :confused:

The years high bar is $1.68 the year low bar is 0.53c so more than 50% drop.

Just where did your topping up begin seeing that it is today a few ticks above the years low ?? :confused:

The low bar was yesterday and the day before so if that was the topping up then good timing ... for now

Rob
 
Rob_ee said:
I am fairly new to the market and have always been confused by the toper upers while a share is falling :confused:

The years high bar is $1.68 the year low bar is 0.53c so more than 50% drop.

Just where did your topping up begin seeing that it is today a few ticks above the years low ?? :confused:

The low bar was yesterday and the day before so if that was the topping up then good timing ... for now

Rob
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I got in after the SPP record date AND after the huge correction but it slided a bit further down and I saw some support there (in T/A terms), so topped up yesterday.

Reasons for topping up: If I believe in what the company's F/A is telling me I don't mind.

Some pros call it dollar-cost averaging, but I don't DCA for DCA's sake - if I still love the company and I've got the cash I'll build a larger stake. Simple as that. Bonus in-specie GWE shares coming on the way is just the icing on the (yellow)cake :D
 
Fair enough Mousie.

I hope the market soon realizes the error of its ways and that URA gets to what it is truly worth.

I well understand the logic of "Topping_up" when the share price is climbing UP ... not the other way around :confused:

Maybe it should be called Topping-Down.

Its just that most of the great traders past and present only bought more while the price was rising and pyramided into an already winning position.

I am not an expert chart reader yet but can not see any single instance of the share being supported anywhere on the 3 month chart.

Just out of interest .. were you holding when it was at $1.68 a few months back.

If so would it not have been better to have Topped-down in stages and lock in some profits along the way.

I am not criticising your method but trying to learn as I go

Rob
 
Rob_ee said:
Fair enough Mousie.

I hope the market soon realizes the error of its ways and that URA gets to what it is truly worth.

I well understand the logic of "Topping_up" when the share price is climbing UP ... not the other way around :confused:

Maybe it should be called Topping-Down.

Its just that most of the great traders past and present only bought more while the price was rising and pyramided into an already winning position.

I am not an expert chart reader yet but can not see any single instance of the share being supported anywhere on the 3 month chart.

Just out of interest .. were you holding when it was at $1.68 a few months back.

If so would it not have been better to have Topped-down in stages and lock in some profits along the way.

I am not criticising your method but trying to learn as I go

Rob
Click to expand...

I'm not gonna trade this stock Rob, unless the fundamentals take a turn for the worse, I'm gonna hold this until it goes into production. It just doesn't make sense when production plans are announced and it's still at this market cap of around 25mil. So since I'm not gonna trade this one, conventional trader tactics don't hold water for me. The cheaper I can buy the shares, the better my compounding results will be.

I'm not a chart reader too, far from it, but I sensed that the prices 2 days before would be the bottom for URA unless any other negatives surface. And no, I didn't hold any URA in its highs, I saw an opportunity due to the huge correction and invested...time will tell
 
so does anyone know what the final SPP price will be? I'm a bit confused myself.

I got a 5K parcel for myself under the impression that it is the 5 day weighted average before the issue date?
 
sentiment seems to have turned for URA, new operations mgr, SPP almost complete seems a corner could have been turned. or we have found the bottom in the short term downtrend.

from sp action i see the negative news from rozna has hugely affected the sp and has found a short term floor at 53 cents. next level of resistance is old support at 68 cents a break above this mark would see confirmation of the uptrend resuming. this is an indicator from old trading channel at these levels of 68 to 90 cents.

good news is at these levels market cap is 26 million. which is tiny when compared to other uranium hopefuls. in addition to this sp is well of the yearly high of 1.68.

in previous posts i had stated there was a lot of negativity surrounding this stock. however ann of late have started to change my tune towards the company. obviously more positive news is required. BUT technically it looks good for a trend reversal.

MACD has crossed over indicating trend reversal. slow stochastics indicate that stock has been well oversold. i also think a lot of money has been waiting on sidelines for both positive news and for a turnaround in the share price.

im still waiting for fundamental confirmation with positive ann HOWEVER on a technical analysis i took small position on friday with view of trend reversal.


so from here i want to see the sp break the 68 cents mark and begin resumption of uptrend. this will be aided by confirmation of discovery takeover or other positive news related to uranium exp.
 

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dj_420 said:
sentiment seems to have turned for URA, new operations mgr, SPP almost complete seems a corner could have been turned. or we have found the bottom in the short term downtrend.

from sp action i see the negative news from rozna has hugely affected the sp and has found a short term floor at 53 cents. next level of resistance is old support at 68 cents a break above this mark would see confirmation of the uptrend resuming. this is an indicator from old trading channel at these levels of 68 to 90 cents.

good news is at these levels market cap is 26 million. which is tiny when compared to other uranium hopefuls. in addition to this sp is well of the yearly high of 1.68.

in previous posts i had stated there was a lot of negativity surrounding this stock. however ann of late have started to change my tune towards the company. obviously more positive news is required. BUT technically it looks good for a trend reversal.

MACD has crossed over indicating trend reversal. slow stochastics indicate that stock has been well oversold. i also think a lot of money has been waiting on sidelines for both positive news and for a turnaround in the share price.

im still waiting for fundamental confirmation with positive ann HOWEVER on a technical analysis i took small position on friday with view of trend reversal.


so from here i want to see the sp break the 68 cents mark and begin resumption of uptrend. this will be aided by confirmation of discovery takeover or other positive news related to uranium exp.
Click to expand...

dj_420,

Glad to have a chartist confirming my short-term judgment with what little T/A experience I have. Just can't see it getting any lower from a F/A sense.
 
dj_420 said:
sentiment seems to have turned for URA, new operations mgr, SPP almost complete seems a corner could have been turned. or we have found the bottom in the short term downtrend.

from sp action i see the negative news from rozna has hugely affected the sp and has found a short term floor at 53 cents. next level of resistance is old support at 68 cents a break above this mark would see confirmation of the uptrend resuming. this is an indicator from old trading channel at these levels of 68 to 90 cents.

good news is at these levels market cap is 26 million. which is tiny when compared to other uranium hopefuls. in addition to this sp is well of the yearly high of 1.68.

in previous posts i had stated there was a lot of negativity surrounding this stock. however ann of late have started to change my tune towards the company. obviously more positive news is required. BUT technically it looks good for a trend reversal.

MACD has crossed over indicating trend reversal. slow stochastics indicate that stock has been well oversold. i also think a lot of money has been waiting on sidelines for both positive news and for a turnaround in the share price.

im still waiting for fundamental confirmation with positive ann HOWEVER on a technical analysis i took small position on friday with view of trend reversal.


so from here i want to see the sp break the 68 cents mark and begin resumption of uptrend. this will be aided by confirmation of discovery takeover or other positive news related to uranium exp.
Click to expand...

DJ

I noticed the same thing, i like the MACD cross as well.

But one thing is missing, or rather, yet to be confirmed, and thats increased volume on the breakout.

I really love seeing a V on the volume chart with these trend reversals.

Another white candle 2day on volume would do it for me.
 
Good chart DJ. I agree with above. Increased volume would be nice too, but looks much better at the moment for a recovery. Breaking that resistance at 70 will be VG.
 
Caliente said:
so does anyone know what the final SPP price will be? I'm a bit confused myself.

I got a 5K parcel for myself under the impression that it is the 5 day weighted average before the issue date?
Click to expand...

I was sort of wondering that myself. If it closes on the 23rd thats the next 5 days trading ... assuming average price 65 - 70c ???

Issue date is the 29th .... or would it be the weighted average over those 5 days

If people get the shares for 20% discount that would mean around 55c ...
Would this be correct or have I got something wrong here ?

Rob
 
helped along no doubt by todays ann:

"Deputy Minister Confirms Ongoing Discussions Regarding Rozna Uranium
Mine - Uran seen as favourite partner for future mining"

cheers :)
 
happytown said:
helped along no doubt by todays ann:

"Deputy Minister Confirms Ongoing Discussions Regarding Rozna Uranium
Mine - Uran seen as favourite partner for future mining"

cheers :)
Click to expand...

I come from Czech R. and I do not see any reason why our government would like a foreign company to participate (profit) on uranium in our land.
Unlike Uran ltd. We have 50-year-experince in mining Uranium, have plenty of people with cash more than willing to participate on uranium fever who have good “contacts” in government and are running 3 nuclear power plants needing uranium.

<paranoia>
So common sense tells me that this “project” can not end up well for Uran ltd, but on the other hand the authorities in Czech are significantly corrupted, so the
"Deputy Minister Confirms Ongoing Discussions Regarding Rozna Uranium
Mine - Uran seen as favourite partner for future mining" suggest something like: If you give me, I will give you…
</paranoia>
 
Mellow77 said:
I come from Czech R. and I do not see any reason why our government would like a foreign company to participate (profit) on uranium in our land.
Unlike Uran ltd. We have 50-year-experince in mining Uranium, have plenty of people with cash more than willing to participate on uranium fever who have good “contacts” in government and are running 3 nuclear power plants needing uranium.

<paranoia>
So common sense tells me that this “project” can not end up well for Uran ltd, but on the other hand the authorities in Czech are significantly corrupted, so the
"Deputy Minister Confirms Ongoing Discussions Regarding Rozna Uranium
Mine - Uran seen as favourite partner for future mining" suggest something like: If you give me, I will give you…
</paranoia>
Click to expand...

nice insight from on the ground mellow77

cheers :)
 
There's nothing like having a management board that understands how investors are feeling right now, thanks to both Mick Kiernan and Kate Hobbs both having 4mil shares plus 3mil options...that's a much needed announcement.

Congrats to those getting shares through the SPP, 45c is a great price. Anyone applying for more GWE to add to their bonus shares?
 
Mousie said:
There's nothing like having a management board that understands how investors are feeling right now, thanks to both Mick Kiernan and Kate Hobbs both having 4mil shares plus 3mil options...that's a much needed announcement.

Congrats to those getting shares through the SPP, 45c is a great price. Anyone applying for more GWE to add to their bonus shares?
Click to expand...

:confused:

For URA to holders to get shares at 45c they have had to hold from much higher prices. The average punter could have picked up URA shares in recent days close to the SPP 45c anyway.

URA has been savaged in recent times and its hard to even deduce a real value for thier assets/business plan..........speculative purchase would be an understatement in URA'S case :2twocents .
 
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