Australian (ASX) Stock Market Forum

YML - Yilgarn Mining

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watsonc - I believe they've said "You've got a week to get set and accumulate"!!! That's how IU read the ann - and I'm in for more this morning!!
It's heading to a dollar in my brain - and Marillana results are first off the bat and only a week away - brilliant!
 
Re: anyone had a good look at YML

wanty said:
This stock has got a bit of moentum atm.Seen a good rise on friday and yesterday seen some huge volume increases from fridays trading. And this time next week,when it is possibly around pushing $1 ,there will be plenty of people bleeding they never bought these shares at current levels.

The buying and volume turnover on this stock yesterday suggests some news may have leaked to the market(possibly like gse),but not all of the market are aware of it just yet,which leaves an open opportunity for those that seek good leverage still.We all now know what happened to gse.

If a good ann comes out,most of the leverage will have all but gone,better to take a punt/risk now and be on the frieght train,than to be standing on the side of the railway and watch it flying by too fast to get on board.

YML
Click to expand...
Wanty,
Just as a friendly reminder, if you have not seen the ASF policy on posting price targets, you can not do that without a solid attempt at some fundamental or technical analysis of why a stock will reach a projected price target or value. Your $1.00 for next week, seems just a little ambitious, with nothing to back it up. In the future, these random projections will have to be deleted I'm afraid.
All the best,
kennas.
 
Have flicked off 250k of my opies

Carrying the balance 750k for free!

Got love the leverage of opies, what a great way to start the new year

And it was my birthday last week, so happy birthday Y_T :D
 
exberliner1 said:
Ok Guys about a month ago YT asked me to keep quiet about YMl and just accumulate.....which I have done....alas only 50k oppies but a 6 figure amount of heads....with the assays due out imminently on YML I have emailed a few people about this stock....I have been a good boy and not mentioned it for a month...so I hope you all have boght as many as you want.

We may see a bit more interest soon - let's make this baby go up now.

EB
Click to expand...

So far so good......done my bit....up to the market now

I have heard this morning that a private client broker in perth is recomending YML to their clients....

Maybe that's where a lot of those big orders are coming from today.

EB
 
Hmm two days of strong growth that seems to be fuelled only by speculation about their ann "in the next week"?

I hold.. but i hope this ann better be good since it seems to have got many people's hopes up!
 
YOUNG_TRADER said:
Interesting when looking at the chart it looks like a rounded V

Thats a pattern isn't it?

I can't remember, Pattern started on 8/5/06 at a high of 27c bottomed from 27/7/06 - 1/11/06 around 13c and now has finished its pattern at 27c

What happens after a Rounded V pattern?
Click to expand...

Yep nice pattern with a target of 42c
(just invert pattern to get target) .... be interesting to see if that order still stands when we hit 35c
Thanx again Young Trader for all your help! ... its been a great ride so far :)
 
mrWoodo said:
Excellent work YT, u deserve it :)

Those 1.5 mil @ .35 sells are ruining the fun at the moment.
Click to expand...
actually id rather they stay there atm....dont want this to get blown out of proportion ....steady up better than instant up imo holding 250k thanks YT :D
 
Well done to all holding and to YT of course.

Another lesson learned today for me........to have some cash available at all times for opportunities like this. :banghead:

MB
 
I was actually going to buy in this morning...but chickened out. Still getting my head into it all I guess. Would of been a good "first trade".

Still thinking of it but I don't know...think it'd be more gambling for me than anything else and that is what I'm trying to avoid. I don't want emotions, just want to trade based on cold hard facts.
 
gordon2007 said:
I was actually going to buy in this morning...but chickened out. Still getting my head into it all I guess. Would of been a good "first trade".

Still thinking of it but I don't know...think it'd be more gambling for me than anything else and that is what I'm trying to avoid. I don't want emotions, just want to trade based on cold hard facts.
Click to expand...
This wasn't a sure thing gordon, and could still crumble. I only committed a very small % on this. (money I was willing to lose completely) Probably not a good first trade IMO. But, on the other hand, we all have to get our feet wet and some time and take the plunge! Every trade is a lesson. Gotto make them to get the lesson perhaps.....All the best.
 
What sort of results in drill tests are we looking for, in order to at least hold current value? (Say around 33c) Surely they don't have to be too fantastic as long as they're reasonable?
 
nizar said:
Are there ever any?
Click to expand...
No, that's why you need to DYOR!

There still is an element of chance and risk with anything in life. Don't overcommit yourself financially, understand all the risks and don't get too emotional with success or failure!

m.
 
nizar said:
Are there ever any?
Click to expand...
Oooo, sorry guys, I thought that post was in the BDG thread?? What the? I'll delete it pronto.

Actually, I'll leave it. Some of what I said is relevant. I was actually talking about trading BDG this morning.

In regards to YML, this is a different story. Could just keep going and going depending on the results. But, depends on the results - there's always risk.

All the best.

I'm going nuts.....

(holding YML)
 
At 16c and opies at 2-3c given the companies fundamentals this was a pretty safe/sure play for me,

It just screamed JMS all over again but with much more upside and much better management, not to mention much much better projects.

Whats funny is that JMS's assay's are back just now and they're actually good, but they are only surface samples, still I think all the Iron Ore Speculators are now on YML as JMS hasn't budged!
 
marklar said:
No, that's why you need to DYOR!

There still is an element of chance and risk with anything in life. Don't overcommit yourself financially, understand all the risks and don't get too emotional with success or failure!

m.
Click to expand...

Thanks for the lecture bro ;)
 
my only gripe is that i only managed to get 3K worth of oppies, admitedly at 3.1c, was eyeing the sell orders at 4.9-5.1 c for about a week and kept thinking itll come down to 4c,

FOOOOOOOOOOOOOOOL

so 4.9 was too expensive when now theyre at 10c weekish later,

anyway 3K was about 40% of my complete worth as a human being at the time so i guess i put substantial amnt in anyway, shouldn't always focus on the negative toc_bat,

ok if this reaches $2 in a week ill be rich rich rich, yes rich, and then .... i dont know what then, ok then ill shout YT a middie of the cheapest beer on tap, huahahahahaaa money meaness is going to my head already ... TWO DOLLARS, no way TWENTY dollars

do i need to disclaim these outlandish price targets with the blurb that it is all silly humor?
 
toc_bat said:
ill be rich rich rich, yes rich, and then .... i dont know what then, ok then ill shout YT a middie of the cheapest beer on tap, huahahahahaaa money meaness is going to my head already
Click to expand...

You tight arsed S.O.B. lol
 

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