Australian (ASX) Stock Market Forum

YML - Yilgarn Mining

Guys, he sold options that are expiring very soon - not shares.

Don't take what he said too serious lol

I can't beleive you people are selling because of 1 person, when there are 2 very significant announcements yet to come.

HOLD long and you will be rewarded.

their loss is our gain, the amount of shares allowed to play is already as rare as it is, selling it at this price will only get more ppl to jump on board, not necessarily a bad thing.
 
I still have plenty guys, remember I picked up 1mil at 3c ;)

Fundamentals have not changed, am thinking of cashing up so as to convert opies over, I'll never be able to accumulate such a large posotion on the heads, so every opies I sell at or above 25c pays for an opie to be converted over

Marilliana JORC in August should take SP to $1 (this is based on all the research I have put forth, but is just my opinion)
 
Great testament to this share, that even in the heat of two really bad days on the ASX, where there is barely a single green in my watch list .... YML is still holding fast.

The stock is being so thinly traded, that stockholders are holding tight.

I love it.

:)
 
Great testament to this share, that even in the heat of two really bad days on the ASX, where there is barely a single green in my watch list .... YML is still holding fast.

The stock is being so thinly traded, that stockholders are holding tight.

I love it.

:)

Well I'm feeling more then warm ,as I have a few greenies parked on my portfolio.
For me what Greenspan said some 40 hours ago ,has its effect on the global market for these few days.What's important to realise is that traders or investors in this case see YML has a sound proposition of additional share wealth .There is no point preaching to the convert , the analytical data is partially supported by YT generous time and effort, it just hinges on how favourable the announcement will be -nothing , more nothing less.
I've eaten my veggies,I need my desert!:)
 
Eaten your veggies, need your dessert.

Classic :)

Only 4 trading days left in May, so the announcement has be due at any time.
 
Eaten your veggies, need your dessert.

Classic :)

Only 4 trading days left in May, so the announcement has be due at any time.

there is no guarantee that the ann will be delayed, if it doesnt come out late this afternoon or monday, its prob not gonna come out till early june.
 
Why not tuesday or wednesday or thursday?

They said late may, that could even be early june?

Just curious what makes you think it will come out today or monday (or not for a while otherwise)
 
Why not tuesday or wednesday or thursday?

They said late may, that could even be early june?

Just curious what makes you think it will come out today or monday (or not for a while otherwise)

I just rang the company in perth. The phone was answered by an elderly gentleman, when asked about the timing of the next announcement said that no announcement was planned that he was prepared to talk about yet only that were hoping for results of an open pit study and underground study.
So I guess we all have to sit down and just wait it out!!:)
 
I just rang the company in perth. The phone was answered by an elderly gentleman, when asked about the timing of the next announcement said that no announcement was planned that he was prepared to talk about yet only that were hoping for results of an open pit study and underground study.
So I guess we all have to sit down and just wait it out!!:)

Looks like a few people aren't prepared to wait. Has fallen today on tiny volume but there are still more than 200,000 shares available under 60c. If 60c was fair value two days ago then there might be some bargains around for those counting on a general market recovery on Monday.
 
Looks like a few people aren't prepared to wait. Has fallen today on tiny volume but there are still more than 200,000 shares available under 60c. If 60c was fair value two days ago then there might be some bargains around for those counting on a general market recovery on Monday.

looks like alot of ppl read this forum, is the reaction from rico01's call? no ann planned doesnt mean there wont be surprise annoucements, so im still keeping my head up high!
 
Who cares if you have to wait another two weeks, unless you urgently need the money just hold! Go back and have another read of YT's analysis. Patience makes money. Keep selling on Monday and I'll happily buy a stack more :)
 
Who cares if you have to wait another two weeks, unless you urgently need the money just hold! Go back and have another read of YT's analysis. Patience makes money. Keep selling on Monday and I'll happily buy a stack more :)

Are you actually buying a stack more on Monday?


I think that sort of statement [in general, not for you in particular] should attract the ramping ban.
 
Are you actually buying a stack more on Monday?


I think that sort of statement [in general, not for you in particular] should attract the ramping ban.

Sorry. Point taken, but for the record, yes if people keep selling and they drop to the mid 40's again i will happily top up.
 
There are a lot of rats jumping off the ship.

Could this be a sign that the announcement is being leaked?

Who would jump ship now when its due any day ?
 
There are a lot of rats jumping off the ship.

Could this be a sign that the announcement is being leaked?

Who would jump ship now when its due any day ?

the volume of trade doesnt not indicate a sell off, its nothing to worry about, js ppl selling because they r not willing to wait. so you can sit back n relax, may be even pick up a few bargains.
 
the volume of trade doesnt not indicate a sell off, its nothing to worry about, js ppl selling because they r not willing to wait. so you can sit back n relax, may be even pick up a few bargains.

Yeah its amazing how this stock has cooled...just over a week ago anything in the 40c range would have been a bargain as it edged into the 60c range....especially now as we really should be about to get the CB announcement as promised in the last announcement to be at the end of this month....thats this week....and we have such low volumes traded today.

I somehow doubt the plausability of an employee stating that they dont expect any announcements soon when it was stated in the last announ. that it would be due at the end of this month......
 
Yeah its amazing how this stock has cooled...just over a week ago anything in the 40c range would have been a bargain as it edged into the 60c range....especially now as we really should be about to get the CB announcement as promised in the last announcement to be at the end of this month....thats this week....and we have such low volumes traded today.

I somehow doubt the plausability of an employee stating that they dont expect any announcements soon when it was stated in the last announ. that it would be due at the end of this month......

The employee that said it was David Burt - the director, I think you are reading it wrong. Burt meant that the company doesn't release details about announcement dates to anyone, he didn't say that there is no announcement.

He can't release dates, he could probably get done for leaking price sensitive information - I applaud him for keeping this information to himself.

It was originally early may, then late may.... so chances are it's going to be in the next few days, to a week maximum.

I think it's riskier to be out of the market with this, then it is to be in the market. I am still holding strong, and will do so until well into next year.
 
Some people on the hotcopper site are giving huge price projections for this stock incoming months,but isn,t that ramping?:eek:
 
Some people on the hotcopper site are giving huge price projections for this stock incoming months,but isn,t that ramping?:eek:
Yes it is,

HC is renowned for ramping - this forum is much better value in terms of discussion and analysis.

HC really only has people arguing and whinging, then a few rampers come along both for and against the stock.

Not a good forum IMO :p
 
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