YML - Yilgarn Mining

[3 veiws of a secret]

With a bit of luck it will be supported @ 23 cents by the end of the day.

 

[gordon2007]

YML has got a mention on the "anti ramping thread". YT's information has been spot on and may have influenced price but that is what good info does.
Happy to hold.

OH I'm making friends quickly here eh

Seriously I wasn't implying this share was being ramped. Only used this as an example of how a price can be affected because somone had said this share was mentioned on other sites as well.

 

[nioka]

OH I'm making friends quickly here eh

Seriously I wasn't implying this share was being ramped. Only used this as an example of how a price can be affected because somone had said this share was mentioned on other sites as well.

Not an unfriendly comment. Rather it is friendly discussion.

 

[3 veiws of a secret]

Well it didn't take long to snap it's back, I'm in now >50K which is peanuts in these penny shares.....shall pick up much more if price drops, simply a question of timing ........

 

[Dave31]

Those sellers need to dry up if they want to get the SP moving forward.

Im surprised that the SP has gone backwards today.

 

[3 veiws of a secret]

Those sellers need to dry up if they want to get the SP moving forward.

Im surprised that the SP has gone backwards today.

I think the issue is the sellers are selling for a profit.

 

[YOUNG_TRADER]

Alot of people are doing the buy the rumour sell the fact,

As I said earlier 23c should provide bounce off support,

But I think its important people look at the chart,

When this began to run, ie Dec 6th take a look at its range from Dec 6th to now as well as volume etc

Then take a look at its performance prior to that,

This stock has amazing fundamentals, its projects are worthy of being in a Mid Cap stock not a penny dreadful, as with JMS/TZN/JML/GOP/EVE/MTN patience will be rewarded

Remember that scoping study for Carr Boyd is not tha far away, an NPV of $50m would look nice, although it will probably be closer to $100m, I bet that will really catch the market by surprise and now there's enough people watching it for an ann like that to have effect

 

[toc_bat]

re carr boyd scoping study

in the world of the asx, early 07, does that mean anywhere in the first 1/4 of 07?

 

[YOUNG_TRADER]

re carr boyd scoping study

in the world of the asx, early 07, does that mean anywhere in the first 1/4 of 07?

Yep it does, but YML management are often overly cautious on giving time frames, ie "drilling assays available next week"

I reckon by Feb we should have Carr Boyd study

 

[greggy]

Yep it does, but YML management are often overly cautious on giving time frames, ie "drilling assays available next week"

I reckon by Feb we should have Carr Boyd study

Sold out first thing this morning for a reasonable profit and placed the money into AQD. Should have sold Tues morning though. You can't go broke taking a profit. Thanks again YT.
DYOR

 

[tester12]

Well im in today, got in at 22.5. As Y_T says there is plenty of opportunity with this stock within 12 months.

 

[greggy]

Well im in today, got in at 22.5. As Y_T says there is plenty of opportunity with this stock within 12 months.

This company does have strong potential, but one never goes broke taking a good profit. I too will buy back in on any further weakness. If I miss out, I miss out.
DYOR

 

[YOUNG_TRADER]

What a wild ride this has had,

Its share price swings remind me of JMS so much,

ie JMS 7c - 20c back down to 12c
Then if you remember 12c-25c and then 25c - 40c


Well YML went 16c - 32c and now back to 20c,

My point is when a company has excellent fundamentals, it does not prevent violent fluctuations in the SP (Thats what volatility is all about) but the patient shall be rewarded

Good luck to all, I'm not going anywhere, staying put for at least 6 months!

 

[noirua]

Having tumbled to 20.5 cents, YML are now in "worth a gamble territory now", as iron ore is King of the metals and metals related sector. The price of iron ore now makes this stock interesting as the speculative bulls should be back again.

 

[toc_bat]

I think the Carr Boyd (nickel and copper) project is a lot sooner than any iron ore project. If anything they are due to release a fesibility study of mining at their Carr boyd project, if the study is postive about mining then YML will most likely increase in value, again.

holding some YMLO

 

[ALFguy]

Took a 'panic' dive this morning on low volume - few selling now!

Appears to have support around 18c - about the time interest started to grow, so this would be my low, but reckon it'll hold around 20c.

Way way more upside than down at these prices (imo), hence why I'm buying more - or trying to

Hopefully the update on Carr Boyd will come sooner rather than later.

 

[Rob_ee]

Dear oh dear ....

In my bought 1st trade thread I listed YML as my (to be) no2 purchase while it was around 28c.

Unfortunately my trading plan does not allow a purchase until the price reaches 33.5c.

I was very tempted at 28c (5.5c) discount from my planed entry.

Today there is even more temptation at around 20c.
Still my crystal ball doesnt say where the bottom will be.

Hopefully my resolve wont weaken to alter my trading strategy.
Fingers crossed

Rob

 

[YOUNG_TRADER]

Well a director was happy to buy 100k@25c = $25k

Directors sell for a number of reasons

But they only buy for one reason!

Isn't that right Niz?

 

[toc_bat]

Well a director was happy to buy 100k@25c = $25k

Directors sell for a number of reasons

But they only buy for one reason!

Isn't that right Niz?

hmmm,

but why didnt he get YMLO instead?

 

[YOUNG_TRADER]

hmmm,

but why didnt he get YMLO instead?

Why don't you ring and ask him toc