Uranium stocks

ozewolf · 2 January 2007

qqqqq said:
anyone know any uranium stocks

A good one to suss out would be DYL, or ACB.

Good luck

Kindly
Ozewolf

michael_selway · 2 January 2007

ozewolf said:
A good one to suss out would be DYL, or ACB.

Good luck

Kindly
Ozewolf

AEE went crazy today!

thx

MS

barney · 2 January 2007

MalteseBull said:
yes, not only do I hold them but if you keep tabs of their announcements like substantial buyers you will find that these are very prosperous compared to other small juniours

not only DYL and PDN are close together in Nambia, PDN hold a 3% stake in DYL which i think one day will lead to a takeover

DYOR as they say

I think PDN own (or did till recently) own about 11% of DYL Maybe Joint Ventures down the track on DYL's Namibian tenements is a likely prospect

ozewolf · 2 January 2007

qqqqq said:
anyone know any uranium stocks

Hi 5Q,

Check this one out...

http://www.mysharetrading.com/taxonomy_menu/8/58/101

Ozewolf

ozewolf · 2 January 2007

michael_selway said:
AEE went crazy today!

thx

MS

So did PEN trading over 50 Mill.

Ozewolf

alankew · 2 January 2007

Ozewolf just had a look at the link above and the stocks listed.I have come up with a shortlist(too bloody long and not enough money)of stocks that have U exposure but have moved relatively little compared to some of the star performers of recent days.Heres the list anyone care to comment ADN,ATN,AXM,CAZ,CTS,DMA,MEP,MGO,MLSMTB,NKL,RSG,RTM,SIM,SRZ.Couldnt get the codes for some stocks as presume they have had name changes/takeovers etc

Fab · 2 January 2007

MalteseBull said:
yes, not only do I hold them but if you keep tabs of their announcements like substantial buyers you will find that these are very prosperous compared to other small juniours

not only DYL and PDN are close together in Nambia, PDN hold a 3% stake in DYL which i think one day will lead to a takeover

DYOR as they say

I actually think that PDN holds 11% of DYL

samson · 2 January 2007

MalteseBull said:
yes, not only do I hold them but if you keep tabs of their announcements like substantial buyers you will find that these are very prosperous compared to other small juniours

DYOR as they say

I won't buy into any argument on which is the best U company at present, but the term "prosperous" in describing these companies is not quite anywhere near the ball park. Prosperous for traders who have bought low and locked into profits already maybe, but neither PDN or DYL have pulled any yellow out of the ground yet. Sales zero, profits zero.

And to have a company (PDN) market valued at $4.5b without any revenue to date could just about be an ASX record (?). I know a few years ago a start-up company named one-tel was capitalised at nearly $2b with no profit and FA revenue, and well 'nuff said. What I'm getting at is much of the blue-sky is already priced in, it will take years for PDN to justify such a valuation.

Cheers

MalteseBull · 3 January 2007

samson said:
I won't buy into any argument on which is the best U company at present, but the term "prosperous" in describing these companies is not quite anywhere near the ball park. Prosperous for traders who have bought low and locked into profits already maybe, but neither PDN or DYL have pulled any yellow out of the ground yet. Sales zero, profits zero.

And to have a company (PDN) market valued at $4.5b without any revenue to date could just about be an ASX record (?). I know a few years ago a start-up company named one-tel was capitalised at nearly $2b with no profit and FA revenue, and well 'nuff said. What I'm getting at is much of the blue-sky is already priced in, it will take years for PDN to justify such a valuation.

Cheers

"neither PDN or DYL have pulled any yellow out of the ground yet"

true but when they do what then?

nizar · 3 January 2007

alankew said:
Ozewolf just had a look at the link above and the stocks listed.I have come up with a shortlist(too bloody long and not enough money)of stocks that have U exposure but have moved relatively little compared to some of the star performers of recent days.Heres the list anyone care to comment ADN,ATN,AXM,CAZ,CTS,DMA,MEP,MGO,MLS,MTB,NKL,RSG,RTM,SIM,SRZ.Couldnt get the codes for some stocks as presume they have had name changes/takeovers etc

MLS 100%+ in the last month.

sirloin · 3 January 2007

Who holds the licences for WMT in Tanzania ? Find it, and you might find your answer

Fab · 3 January 2007

MalteseBull said:
"neither PDN or DYL have pulled any yellow out of the ground yet"

true but when they do what then?

I thought last PDN report mentioned that they pulled some yellow cake
Anyway after correcting a bit yesterday for PDN they are now both going up. AGS is doing very well too

Rafa · 3 January 2007

Uh... PDN already has pulled yellow sludge out of the ground,
whats more, its been dried, powdered and put into barrels ready for shipping...

MalteseBull · 3 January 2007

any thoughts on UXA compared with DYL?

samson · 3 January 2007

Rafa said:
Uh... PDN already has pulled yellow sludge out of the ground,
whats more, its been dried, powdered and put into barrels ready for shipping...

Technically correct now, but how much revenue was listed in the last annual report

My point was it's early days; and I've been around long enough to know the story seldom eventuates as well as we think.

Cheers

samson · 3 January 2007

MalteseBull said:
"neither PDN or DYL have pulled any yellow out of the ground yet"

true but when they do what then?

geez MB, I dunno, that's the beauty of the market, so many variables and so many people who come to different conclusions based on these variables.

Uranium price goes up? price goes down? Competitive issues? Production issues? Further finds? Legislative issues? Economic issues? etc

Cheers

Sean K · 3 January 2007

Guys I'm trying to do a comparison of the main Australian U stocks to see where the value lies. I posted this on the DYL thread but it's probably better here.

This is what I currently have:

DYL's market cap at about $350m at the moment, sp $0.57, with historical drill results for 39m lbs in Namibia (to be explored and drilled), some very good drill results (many between 500-1000ppm) for a JORC at Napperby, and some 'prelim' results at Western Gawler for follow up.

SMM market cap about $670m, sp $3.35, with 57m lbs JORC at Valhalla in the IUJV and 6 more JORCs to be provdied shortly with some excellent results ann. Possibly another 30-40m lbs perhaps.

MTN market cap about $92m, sp $2.07, with inferred JORC 68m lbs at 300ppm cut off and 45m lbs 500ppm cut off with possible increase.

AGS market cap $500m, sp $2.20, with some grades between 800 and 2100ppm with Quasar JORC on the high grade part to be prov very shortly. Hard to tell how big it will be.

On that basis, perhaps MTN looks a little undervalued to me, pending what else the other companys finally get. Perhaps AGS through Heathgate/Quasar will be the first to mine due to Beverley 4 Mile being only 8km from the currently operating Beverly Mine.

(holding MTN, AGS and SMM)

snopig · 3 January 2007

AEX and AEXO also starting to look good again. They have both had a great couple of days

rub92me · 3 January 2007

Reece, I am probably one of the few that agrees with your observations made in this thread. The reactions you are getting are remarkably similar to what happened to anyone trying to expose the .com bubble for what it was. (You're just jealous because you missed the boat, earnings are not important, it's a paradigm shift, etc. etc.).
Personally happy to ride the occasional U rocket, but remember to jump off after a quick profit...

Freeballinginawetsuit · 3 January 2007

rub92me said:
Reece, I am probably one of the few that agrees with your observations made in this thread. The reactions you are getting are remarkably similar to what happened to anyone trying to expose the .com bubble for what it was. (You're just jealous because you missed the boat, earnings are not important, it's a paradigm shift, etc. etc.).
Personally happy to ride the occasional U rocket, but remember to jump off after a quick profit...

And what ship might that be Rub, some are obvious Titanics and others are Catamarans just commencing to trim their hulls. Unlike the dotcom bubble, we never needed a Sausage for sqillions a share but we do need a bit of PDN for a reasonable 7 bucks a share, now I think all would agree a select few U stocks represent real fundamental value.

Sausages Chart from the dot com era is an eye opener, probably similar value to many U stocks that are essentially rehashed dot com companies with the same bug eyed management . But their certainly are also some real U gems out their, I'm sure Borshoff is happy with the way he spent his 50k mortgage seed money on PDN, probably only needs to pump out half a drum of cake at today's prices.

Uranium stocks

ozewolf

michael_selway

Coal & Phosphate, thats it!

barney

ozewolf

ozewolf

alankew

Fab

samson

MalteseBull

nizar

sirloin

Fab

Rafa

MalteseBull

samson

samson

Sean K

Moderator

snopig

rub92me

Don't look back

Freeballinginawetsuit

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