YML - Yilgarn Mining

[rico01]

Buy depth has thinned out. Looks like we could have had a few dummy bids to keep the interest up
But I'm still holding

 

[gregcourageous]

All it would take is a couple of insiders to drop massive bombs early on and it would spark plenty of other people to do the same... I think anyway, YT???

At 10:30, 100k were picked up @ 41.5, thats a big percentage of whats available, a few minutes later another 45k went @ 41.5, and it took off from there, people caught onto the quick rise and the next big buys didn't happen until 44 - plenty of small ones though! keep moving up, another 100k bomb dropped at 46.

Don't know if i am making sense but to me it seems as though the couple of big orders in the morning sparked the stack of buying to push the price up, anyone with more knowledge agree or disagree?

 

[3 veiws of a secret]

Buy depth has thinned out. Looks like we could have had a few dummy bids to keep the interest up
But I'm still holding

This is classic tactics to draw sellers "in" this is what I would do. Also wait till close of play the phathom reptiles are sharpening their fangs.

 

[alankew]

Just a quick question which hopefully someone can answer.If i have put in a sell order way above the current price and say they come out with the ann and it goes into a halt,can i amend my order presuming it hasnt been executed-counting my chickens at the mo and it looks like eggs for breakfast

 

[UPKA]

im pretty sure u can, in trading halt doesnt mean you can't put orders in or out i think, may be someone can confirm this.

 

[gregcourageous]

im pretty sure u can, in trading halt doesnt mean you can't put orders in or out i think, may be someone can confirm this.

Yeah you can definitely still place and amend orders.

Taken from ASX.com

"Trading halts are periods during which no trading takes place for a security however, you may place orders during this time."

Happy days

 

[3 veiws of a secret]

Just a quick question which hopefully someone can answer.If i have put in a sell order way above the current price and say they come out with the ann and it goes into a halt,can i amend my order presuming it hasnt been executed-counting my chickens at the mo and it looks like eggs for breakfast

100% sure you can cancel your order during trading halt...obviously when cancelling you loose your position....ie back to the queue!

 

[greggy]

100% sure you can cancel your order during trading halt...obviously when cancelling you loose your position....ie back to the queue!

I've cancelled my orders in the past during a trading halt, but you do lose your spot. During a trading halt no trades can take place.

 

[YOUNG_TRADER]

Well here's some ifs buts and maybes,

Whats UMC's RML's and GME's mkt cap

How long till they earn cash flow, are their management proven ie have they developed a resource, what is their potential upside etc etc

Go do some research on these ones to give some more perspective

Then compare with YML's mkt cap, management, funding situation, potential for early cashflow and potential upside


Also am getting worried that the sky may fall monday thus brining down YML's SP :

 

[greggy]

Buying has certainly dropped off a bit as traders prepare for the weekend. Not much serious buying until you get down to the 41c mark. Overall YML shareholders can't complain with todays effort considering the weak market.
DYOR

 

[YELNATS]

I've cancelled my orders in the past during a trading halt, but you do lose your spot. During a trading halt no trades can take place.

Yes, I cancelled a buy order during AGY's recent trading halt and bought at a lower price when the halt was lifted. regards YN

 

[alankew]

Tanks for the replies,will have a think about my position atm and where I expect YML to end up in the short term.

 

[3 veiws of a secret]

Tanks for the replies,will have a think about my position atm and where I expect YML to end up in the short term.

Alan on a lighter note -will you be reconsidering your position when the share might be 51 cents ,and you sold out @ 49.5 cents ? It sort of reminds of the scene in the Austin Powers movie/film when he revises the ransom from 1 million to 1 BILLION DOLLARS.........
Whatever you decide surely the current profit you have, "if sold" is money in the bank. But lets be really greedy and go for broke! happy decisions.

 

[Crash]

Will be interesting to see if .47 gets cleared this morning - the limited share availability should continue to help this upwards.

 

[KIWIKARLOS]

Yeah there is certainly a mexican standoff ATM but it looks like the buy side is calling for reinforcements.

Just imagine what is going to happen when/if Carr boyd gets announced and is positive

 

[Crash]

Yeah I hope the holders stay strong. Whether CB is good or bad there will be a lot more shares available once the announcement is out. My hands are getting very tired doing the Carr Boyd slow clap though.

 

[Mozart56]

Yeah I hope the holders stay strong. Whether CB is good or bad there will be a lot more shares available once the announcement is out. My hands are getting very tired doing the Carr Boyd slow clap though.

Maybe if we all start slowly increasing the pace of the clap with an accompanying "Carrrrrrrrr - Boyd..... Carrrrrrr Boyd" it will arrive later today!

Seriously you would have to think that beyond this week is starting to stretch the bounds of credibility wouldn't you?

 

[Crash]

Well .47 cleared and only 90,000 shares between 0.5 and 0.8 on the sell side. Anyone want 100,000 at market?

 

[3 veiws of a secret]

Rumour going around YML hit 48 cents .........place your bets ,gentlemen plseeeeeeeeeeeeeeeeeeeeeeee

 

[Mozart56]

Well .47 cleared and only 90,000 shares between 0.5 and 0.8 on the sell side. Anyone want 100,000 at market?

Came across this on another news group... looks like the timing for CB couldn't be better... are the planets starting to line up?

http://www.bloomberg.com/apps/news?pid=20601081&sid=aynIy8nOYre4&refer=australia