Uru Metals Share Discussion Threads

[treacle32] 13/10/2013 23:03

Below link shows prices bottoming out on Uranium - imo URU has so much potential than others in the mix like FTE and URA.

[treacle32] 13/10/2013 23:00

My chart analysis never lets me down and 7 bullish candlesticks in a row now i.e. last 7 trading days.

See it for yourselves.

Last Pattern: BULLISH ENGULFING

[treacle32] 13/10/2013 22:59

A very good read for background to company.

hxxp://www.urumetals.com/investor-relations/market-news-and-research/wh-ireland-initiates-research-on-uru-metals-23-june-2013

[treacle32] 13/10/2013 22:58

Highlights of Fiscal 2013

· Completed a Preliminary Economic Assessment ("PEA") of the Zebediela Nickel Project, confirming the potential to produce 25,000 tonnes of nickel per year with a net present value of over US$1 billion.

· Entered into a two stage-option agreement with Cameco Corporation ("Cameco") to earn up to a 70% interest in the Nueltin Lake U-Au project, where the maiden and only drill program in 2008 encountered high grade gold and uranium intersections in bedrock (up to 8.98 g/t Au over 5.95 m and 0.23% U3O8 over 1.25 m) remain open for expansion in all directions.

· Company refocuses on uranium

· Board restructuring to reflect the Company's focus on uranium, and welcomes Mr Subotic, Mr. Vieira, and Mr. Lemaitre. Mr Loudon and Mr Lynch stepped down from the Board.

· Moves its administrative office from Johannesburg to Toronto, reflecting the change in the geographical make-up of its uranium exploration portfolio.

Post-Year End Highlights

· Sells is entire 7.36% equity interest in Argentinian uranium explorer UrAmerica Limited, for GPB 200,000.

· Acquires 100% of Svenska Skifferoljeaktiebolaget ("SSOAB"), holder of six exploration licenses in central Sweden. The licenses cover large areas of Alum Shale rocks known to contain vast quantities of extractable oil, uranium and other metals.

[treacle32] 13/10/2013 22:54

2nd October 2013.

LONDON (Alliance News) - URU Metals Ltd Wednesday said it has received first analytical results from its Narke Uranium-Oil Project in Sweden.

The base metals and uranium explorer and development company said source rock analysis and metals geochemistry studies found a high level of type II kerogen ranging from 16.6% to 21.1% total organic content.

URU Metals said that between 66.2 and 106.9 milligrams of hydrocarbons per gram of rock was extracted from cracking the kerogen at a temperature of around 420 degrees celsius.

"The hydrocarbon testing indicates that we may be able to extract much more oil than we previously thought possible, and suggests that the potential exists to produce gas hydrocarbons as well," Chief Executive Roger Lemaitre said in a statement.

[treacle32] 13/10/2013 22:53

URU Metals encouraged by Närke's 'top five' potential
Thu, 05 September 2013

AIM explorer URU Metals has been buoyed by the potential for its Närke project in Sweden to become one of the 'top five' uranium mines in the world.

A competent person's report on the Närke Uranium-Oil Project indicated that it had the potential to hold as much as 303,000 tonnes of U3O8 yellowcake uranium compound.

The report cited an average uranium concentration of 175 parts per million uranium (ppm), which is equal to 206 ppm U3O8.

However, the company warned investors that these resource figures were based on a non-SAMREC compliant order of magnitude resource estimate, where independent consultant MSA Group had used "unverified information" from previous geological reports on the property.

URU's Chief Executive Officer Roger Lemaitre nevertheless was moved to observe that the report pointed to Närke having "the potential to become one of the world's top five uranium projects in terms of total contained uranium, exceeding known resources at some of the worlds' largest and most famous uranium mines".

The competent person's report also suggested that the historic reports, carried out by previous operators, imply that the Alum Shales on the Närke Project have oil yields between 4% and 5.5%, which may be improved by newer oil shale extraction processes.

Lemaitre said that the company will now attempt to verify this unverified historic data, starting with a preliminary metallurgical test program to determine the most economically-effective methods of extracting uranium and oil from the project.

"We believe that it is prudent to reduce the engineering risk by completing the PMT program before investing significant capital into defining the immense resource with a verification drilling program."

Shares in URU Metals were up 4.9% at 2.13p at 09:14 on Thursday.

[treacle32] 13/10/2013 22:53

Type in URU and see the updated bull status now for the first time this year...

hxxp://www.ichimokutrader.com/

[treacle32] 13/10/2013 22:52

By Geoff Foster

PUBLISHED: 22:35, 2 October 2013

'URU Metals firmed 0.25p to 2.12p after reporting results for the test work on its Narke uranium-oil project in Sweden. WH Ireland reckons its a speculative buy and has a target price of 4.5p'.

[treacle32] 13/10/2013 22:51

There is pending news which should provide the break-out from these near all time lows & to back-up how the chart & ta reads.

The house broker had to say

"Catalysts for a short-term increase in share price: Successful field season at Nueltin and a result in the SAN arbitration".

"There is significant latent value in URU which has yet to be fully factored into the share price".

And the company in itself and in the last set of results

"I believe that over the past couple of months, URU Metals has upgraded its portfolio of exploration assets to take great advantage of the anticipated improvement in the uranium markets and hope that this will be reflected in the share price and value of your Company in the near future".

[whereareallthemugpuntersyachts] 13/10/2013 22:51

Is the tide turning ?

No but shareholders are drowning not waving.

[treacle32] 13/10/2013 22:47

- Significant Oil Play now added to large Uranium assets (game changer)
Narke Asset - 2nd October 2013 RNS.

WH Ireland Initiates Research on URU Metals

Speculative Buy
Price 2.1p
Target Price 4.5p

URU Metals*#
Initiation of Coverage

We today initiate our coverage of URU Metals (AIM: "URU"). URU has a series of
exploration properties spanning a wide range of commodities across several
countries, with a principal short-term focus on gold, uranium and nickel. Fieldwork in 2013 will take place on the Nueltin project in Canada where URU is earning a 51% stake from Cameco (TSX: "CCO") – this largely forgotten project has had several interesting drill intercepts including 9g/t over 6.0m and 0.22% U3O8 over 2.3m (not true thickness). URU will focus on understanding the style and extent of any mineralisation on several pre-existing targets. In Sweden, URU is evaluating the oiluranium potential of its new Narke licences in the Alum Shale. In Africa, URU has two projects – Uranium exploration in Niger (currently on hold) and the large Zebediela nickel project in South Africa (currently awaiting the results of an arbitration decision between two partners). All projects have the potential to drive value in URU with the focus in 2013 on Nueltin in Canada.

We initiate with a Speculative Buy recommendation and a share price target of 4.5p. URU has four exploration projects in four countries with a spread of commodity and geopolitical risk. In the short term, URU will concentrate drilling efforts on its Nueltin Project (gold-uranium) in Canada (URU earning a 51% interest currently) and early reconnaissance work on the Narke Project in Sweden (uranium-oil) where URU has a 100% stake.

A binding arbitration process is taking place on the Zebediela project in South
Africa between URU's partners – URU is insulated from the process. If the court finds in favour of the status quo then URU will retain its 33% stake, otherwise it will have the money it has spent returned to it – money it could then use on its other projects. The deposit is a large, low-grade nickel deposit upon which a Preliminary Economic Assessment has been completed. The project has the potential to be a large producer of nickel concentrate from the defined sulphide resource. A 25 year mine-life from the Indicated Resource (JORC compliant) has shown it is possible to produce up to 25kt/yr Ni at a low operating cost. The capital component of a project this size is likely beyond a small company like URU and its partners, but they have options; either selling it on to a major company or getting a large stakeholder.

Both options would be of significant value to URU and we do not include any of the potential upside from Zebediela in our valuation at the present time.

We initiate today with a Speculative Buy recommendation and a risked target price of 4.5p. There is significant latent value in URU which has yet to be fully factored into the share price. Short-term drivers for the share price are the summer field season at Nueltin in Canada, and a result of the arbitration process over the Zebediela project in South Africa. Over the medium term we expect news from Niger and Sweden to drive further significant increases in value.

- Excellent opportunity at Nueltin – URU earning an option from Cameco on a
gold-uranium mineralisation with, in our opinion, significant potential

- URU has cash to advance its Nueltin project and complete early
reconnaissance over the Narke licence. URU has the potential to advance understanding of these projects and drive the share price.

- Catalysts for a short-term increase in share price: Successful field season
at Nueltin and a result in the SAN arbitration.

- We emphasize the upside potential in the SAN project – the Zebediela
project is large scale and potentially rewarding.

- We value the risked potential of URUs share of Zebediela at US$111 million
or 32.5p/share. Bringing in a major partner and diluting URU would still
leave plenty of value in the project for the company.

- Narke – early stage and a technology dependent. Too early to imagine any
upside from this project yet (after 2nd October 2013 news) imo further coverage should follow.

- URU has cash in hand to advance its projects over the course of 2013 and into 2014 and can already demonstrate significant progress to its shareholders as it spreads commodity and geopolitical risk into new projects.

- We initiate with a Speculative Buy recommendation and a 4.5p price target.



132,776,722 Ordinary Shares

Shareholder % of shares held
NWT Uranium (Niketo) 37.49%
Global Hydrocarbons 12.80%
Hargreave Hale 8.34%
Pension Financial Services 5.60%

[treacle32] 13/10/2013 19:55

The deramper already knows the answer; the deramper already knows what will be found. The power of this tactic is that the deramper is now in control of the actions of the shareholders; the deramper has you, the shareholder doing HIS/HER due diligence and when you, the shareholder come back to the group with a questionable finding then the deramper gains credibility. What to do??? Solution??? Well, I think it's important to find answers but on your own terms. I actually pick up the phone and call the company and talk to the investor relations person or the CEO until I get a satisfactory answer. The problem here is that the advanced deramper has you doing his bidding and his work; you have essentially joined his ranks. So, develop your own little Due Diligence package and answer questions by placing the information into the package and referring all new investors to read the answers to questions raised in the Investor InformatiDe-Rampers Handbook.
.
IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO INFORM PEOPLE INTO BUYING A SHARE.
Know the enemy who wishes to steal your money!

.
Lesson 1: Remember, DERAMPERS NEVER DERAMP A BAD SHARE. Watch the board for shares with no potential. They never have any derampers. Derampers only go after shares that are going upwards or have excellent potential to go up. Derampers get left behind, so they want to bring the price down to be able to get in at a great price.

Lesson 2: DERAMPERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The deramper will post this over and over again. The stupid deramper will try to make the old news a bit fresher to try to fool you.

Lesson 3: DERAMPERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't deramp. They try to control the board. True longs may have to address the derampers or they will appear to the newbies as being the people with all the information.

Lesson 4: DERAMPERS WILL LIE TO YOUR FACE. Never trust a deramper. The truth on startup companies is that many mistakes are made and losses happen. The deramper will try to make you believe all startup companies make a profit, release financials every quarter and all aspects of the business run smoothly. THIS IS NOT TRUE. THE DERAMPERS LIE TO YOU. Startup companies can go years without profits, financials and good business, this is the nature of the beast.

Lesson 5: The derampers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the statements they do.

Lesson 6: The derampers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you couldn't know the difference (unless you have done your assessment of the company and know the truth and facts).

Lesson 7: Derampers play on your lack of patience. YOU have held a share for a while. You knew it will be a big share someday, but the DERAMPER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That's when the deramper is best. You are tired. You have forgotten the goal for the share was to hold it for one year. The deramper is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a deramper as well. THE DERAMPER HAS WON, AND GAINED A NEW PARTNER, TOO.

Lesson 8: BRING THE PRICE DOWN. That is the deramper's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to hit the newbies visiting the board. They are trying to wear out the longs on the board. They do whatever it takes to wear the longs out.

Lesson 9: DERAMPERS WILL TRY TO GREAT DOUBT AND GET YOU TO RESEARCH ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN OTHER SHAREHOLDERS. A typical trick of an advanced deramper is to propose that there is a potential "problem" because "we" don't have the facts on a particular subject. The deramper dares someone in the on package but DON'T GET INTO A CONVERSATION WITH THE DERAMPER REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE DERAMPER; ANSWER INDIRECTLY; DON'T USE THE DERAMPERS NAME; DON'T GET INTO A PERSONALITY CONTEST.

Take note of the above & invest based on your own research
& I recommended do as the beginning says speak to the the company..Something I do a lot at least then you have fresh & correct information to fight back.

[treacle32] 13/10/2013 19:40

dontshootthemessenger
13 Oct'13 - 19:19 - 743 of 747 0 1 (Filtered)

dontshootthemessenger
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dontshootthemessenger
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dontshootthemessenger
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dontshootthemessenger
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Looks like the truth catching up with these lot has angered them....

[dontshootthemessenger] 13/10/2013 19:29

Actually scratch that they must be absolutely DESPERATE for funds right now. Explains the rampy RNSes.

Last year they had 'Exploration expenses' of £18k vs Admin expenses of £2030k !!!

If they are going to ramp up exploration they will need a load more cash so looks like imminent discounted dilution pretty much nailed on here.

[dontshootthemessenger] 13/10/2013 19:23

According to Results statement they had a piddling $1.8m of cash as of March 2013.

Operating costs when they had fewer projects on the go were $2m.

They must be running pretty low on cash right about now.

[dontshootthemessenger] 13/10/2013 19:20

'saver jurisdictions' ? Couldn't they get any adult to proof read their copy ?

If they make such elementary spelling mistakes why would you back their judgement on running a Company or their view on the uranium price ? Are they similarly slapdash in other aspects as well as just basic spelling ?