YAR - Yari Minerals

[greggy]

Re: NRU - Newera Uranium

Up 14% today. Starting their run?

NRU finished at 36c (up 4c for today) on turnover of 840,633. Interest is definitely building in this one. It opened at 32.5c and went as high as 38c. The buy/sell spread at the end was 35c/37c.
Kennas mentioned on Wed that chartwise 35c was a hurdle, but today that was overcome on good turnover for this stock. This is a very bullish signal in my opinion. It has a couple of very good projects in good locations and has plenty of cash on hand.
I recently purchased a considerable stake at 29c and intend holding for a while.
DYOR

 

[powerkoala]

Re: NRU - Newera Uranium

I hate this share
last time, it touched 35.5c and went back to 31c area...
which i had to wait and wait again... (3 times)
now when it touched 35c, just sold not even 5 minutes to see big order jump to 38c....
jeez... what an unlucky day for me indeed...
oh well, i will reenter once it goes back to 31c

 

[greggy]

Re: NRU - Newera Uranium

I hate this share
last time, it touched 35.5c and went back to 31c area...
which i had to wait and wait again... (3 times)
now when it touched 35c, just sold not even 5 minutes to see big order jump to 38c....
jeez... what an unlucky day for me indeed...
oh well, i will reenter once it goes back to 31c

Hi Powerkoala,

Congratulations on making a reasonable profit, its better than a loss.
On many stocks, when things go well, I try to take a reasonable profit and the move on to the next stock. In the case of NRU, I feel that its potential is so strong that I intend letting my profits run on this one.
Last year I remember buying UNX around the 20c mark and then sold for a 25% profit. Take a look at it now (around $2). The same thing has happened to me on a number of occasions.
Kennas with his great charting abilities, reiterated my own view that 35c was indeed a hurdle. That its been overcome (at least for the moment) is a very bullish sign.
Only on 2 other occasion have I placed so much funds into a stock during the past 12 months, VMS and YML, and have been lucky enough to do well out of them. I am hoping, having done countless hours of research, that NRU will continue to do the same.
DYOR

 

[swerve5000]

Re: NRU - Newera Uranium

there has been a bit of movement at the station in the last 5mins or so. anyone know whats happening?

 

[greggy]

Re: NRU - Newera Uranium

there has been a bit of movement at the station in the last 5mins or so. anyone know whats happening?

I don't know, but I can't complain with my holding. Chartwise this one is looking good.
DYOR

 

[greggy]

Re: NRU - Newera Uranium

Lucky I've sold most of my NRU during the last couple of days and placed the funds into both BYR (not the best timing) and HCY (largely this morning).
DYOR

 

[Bush Trader]

Re: NRU - Newera Uranium

Lucky I've sold most of my NRU during the last couple of days and placed the funds into both BYR (not the best timing) and HCY (largely this morning).
DYOR

Greggy you've been ramping this stock for weeks even up until yesterday. In fact you were quite put out in regards to my comments on WA an U308 miners and explorers.

The question is why the change of Heart. I thought the SP held up very well next to it's battered brethern. I assume this is because there was not as much HOT money in this one. Hence it's underperformance against it's brothers to date. Am I right? Is this why you've bailed - impatience?

 

[greggy]

Re: NRU - Newera Uranium

Greggy you've been ramping this stock for weeks even up until yesterday. In fact you were quite put out in regards to my comments on WA an U308 miners and explorers.

The question is why the change of Heart. I thought the SP held up very well next to it's battered brethern. I assume this is because there was not as much HOT money in this one. Hence it's underperformance against it's brothers to date. Am I right? Is this why you've bailed - impatience?

Hi Bush Trader,

I've still got 50,000 NRU (a nice holding) and they're up again today. I sold the rest at an average of 37-38c, having bought my holding at an ave of 29c. I just wanted to boost my cash levels in the event of finding a stock even more overlooked. Hence, my purchase of 2.5 million shares in HCY. Yes, it is looking for uranium in WA (however, the way the Carpenter Government is going it may well fall over and lead to a change in their uranium position) but considering the share price, under 2c, and the strong potential of their Lake Marmion Uranium Project along with their copper and nickel projects (JV with Minara REs with more drilling imminent), I felt that HCY had the potential to go up very nicely in price. It is also now cashed up.
In summary, I just wanted to take some profits off the table. I still like NRU, but I wanted a sizable exposure to HCY. The results of HCY's sampling program at its Lake Marmion Uranium Project will be released shortly and I'm hoping that they will be impressive. I just thought that I would be honest in stating my current position. I do this on my own accord.
DYOR

 

[Gspot]

Re: NRU - Newera Uranium

Can anyone tell when they announce drill results for quartz hill. The SP has done very little considering the rise of other uranium juniors (specially in NT).
Who's still holding these puppies??

 

[greggy]

Re: NRU - Newera Uranium

Can anyone tell when they announce drill results for quartz hill. The SP has done very little considering the rise of other uranium juniors (specially in NT).
Who's still holding these puppies??

This stock went up 3c today to 34.5c on turnover of over 1 million shares. Really compared to other uranium stocks out there NRU hasn't done all that much work on its prospects. I was hoping that they would be drilling on their NT uranium prospect by now, but this is not the case. But maybe with today's share price action and increased volume that there might be something happening. I recently sold the rest of my holding at a small profit.
NRU has good prospects in both NT and WA, but the management are a little bit too quiet for my liking.
DYOR

 

[mick2006]

Re: NRU - Newera Uranium

Starting to landbank some nice uranium tennements, with a marketcap of only $14 million certainly not the most expensive stock out there. Management needs to use some of the $4 million in the bank to start drilling, once investors know that they are starting some serious exploration the shareprice may be re-rated a little. Still fairly tightly held so news on the exploration front could certainly help it along.

Anybody out there still holding or monitoring NRU?

 

[mick2006]

Re: NRU - Newera Uranium

for anyone that may be interested today there is a interview on boardroom radio with the managing director and he talks about the uranium tennement purchase also he states that the company should be in a position to reveal more tennement buys within the next two weeks. May be a chance for a short term gain on news of another uranium tennement purchase

 

[greggy]

Re: NRU - Newera Uranium

Starting to landbank some nice uranium tennements, with a marketcap of only $14 million certainly not the most expensive stock out there. Management needs to use some of the $4 million in the bank to start drilling, once investors know that they are starting some serious exploration the shareprice may be re-rated a little. Still fairly tightly held so news on the exploration front could certainly help it along.

Anybody out there still holding or monitoring NRU?

Positive announcement today by NRU. The share price rose further to 40c, but then went back to being unchanged for the day. A summary now follows:
NEWERA SECURES LARGE STRATEGIC STAKE IN HIGHLY URANIUM
PROSPECTIVE AMADEUS BASIN – NORTHERN TERRITORY
HIGHLIGHTS
• Secures 3-year option to acquire 80% interest in a large (~5,000km²)
ground package in the highly uranium prospective Western
Amadeus Basin.
• Tenements include part of a recently delineated, large geophysical
radiometric anomaly.
• Similar geological formation to that which hosts significant uranium
deposits in the central portions of the Basin, including the Angela and
Pamela deposits.
• Newera is one of 34 applicants for the Angela (12,560t U3O8) and
Pamela uranium deposits.
Newera Uranium Limited (ASX: NRU – “Newera”) is pleased to announce that
it has moved to secure a significant, strategic, coherent and highly uranium
prospective ground package consisting of seven (7) tenements covering
4,951 square kilometres within the Amadeus Basin in the Northern Territory.
Newera has entered into an agreement with Fermi Pty Ltd (“Fermi”), giving it
a three-year option to secure 80% of Fermi’s rights to NT exploration licence
applications EL25487, EL25488, EL25500, EL25502, EL25503, EL25572 and
EL25680.
I don't hold any at present, but am carefully watching the situation. The only thing that I don't like about this company is that it is yet to do anything in the way of drilling even though its been listed since Jul 06. NRU has some very interesting ground.
DYOR

 

[Wysiwyg]

Re: NRU - Newera Uranium

You wanna be on the mob that gets the Angela/Pamela tenements.

Now who could that be I wonder?

 

[greggy]

Re: NRU - Newera Uranium

You wanna be on the mob that gets the Angela/Pamela tenements.

Now who could that be I wonder?

NRU is one of the 34 parties after the Angela/ Pamela tenements. Its too early to speculate at this stage who will get the tenements.
DYOR

 

[Wysiwyg]

Re: NRU - Newera Uranium

You wanna be on the mob that gets the Angela/Pamela tenements.

Now who could that be I wonder?

On a physical level Angela/Pamela would certainly add immense value to the company that gets the nod(yes,one of 34 at the moment).On a chart level I noticed this wee cup and handle formation pictured below.
I think a decline in price will most likely occur in the near term with a strong continuation as more facts come to light and the stockholders that depart at the first opportunity have left.A special thanks to the Leavitt Brothers for the chart pattern stuff.

 

[Tiberium]

Re: NRU - Newera Uranium

I'm sorry for my newbie's questions but I'm curious if NRU now with its current market cap of 14M and its 7 highly uranium prospective tenements, is this stock now undervalued if compared with the other uranium exploration company? NRU has only 3.8M cash atm, is this cash enough to start running its 3 major projects? I really appreciate for any input to these questions.

 

[Wysiwyg]

Re: NRU - Newera Uranium

I'm sorry for my newbie's questions but I'm curious if NRU now with its current market cap of 14M and its 7 highly uranium prospective tenements, is this stock now undervalued if compared with the other uranium exploration company? NRU has only 3.8M cash atm, is this cash enough to start running its 3 major projects? I really appreciate for any input to these questions.

Hi tiberium...Tiberium is a fictional mutagenic crystalline material featured prominently in the Command and Conquer series of real-time strategy video games.
Cool name Please ensure that your seat restraint is coupled and luggage is stored in the overhead compartment.

To answer some of your questions....No ,I don`t think it is undervalued at this stage of the exploration phase.The company is acquiring tenements (hopefully Angela/Pamela too) and until resources are proven up then the share price will float around.Hard to put a price on something if you don`t know what they have.

All speculative and nothing concrete at the moment.My worth.

 

[Wysiwyg]

Re: NRU - Newera Uranium

To answer some of your questions....No ,I don`t think it is undervalued at this stage of the exploration phase.The company is acquiring tenements (hopefully Angela/Pamela too) and until resources are proven up then the share price will float around.Hard to put a price on something if you don`t know what they have.

All speculative and nothing concrete at the moment.My worth.

About 6 weeks ago I e-mailed the NTMC about the Angela uranium tenements and was replied that

The decision as to the successful bidder is expected mid-year. This decision is made by the Mines Minister in accordance with the NT Mining Act.

That info. is available to anyone who wishes to enquire.
With the likes of Paladin and Cameco in the mix of about 37 applicants I don`t think NRU will get them but would love to be proven wrong for this speculative stock.Got stopped out on this one ... dohhh.

 

[Tyler Durden]

Re: NRU - Newera Uranium

This one made a bit of a jump today, worth checking out.