Uru Metals Share Discussion Threads

[treacle32] 14/10/2013 08:44

2.44p being paid - big break-out looms imo and so many bulls break-outs confirmed on in recent days and since the Narke gamechanger news on 2nd October 2013.

[treacle32] 14/10/2013 08:41

2.44p paid

Seems 5 hardcore bashers over 11 days probably now gone all long.

[treacle32] 14/10/2013 08:37

273K in buys & blue.

Should be a v.good re-rating here imo.

[29howard] 14/10/2013 08:34

lol

treacle got his own thread where he is on his own talking to himself :-))

[treacle32] 14/10/2013 08:33

Finally going to move, chart & ta had read bullish for 7 days.

Buys now.

[treacle32] 14/10/2013 08:30

Couple of buys - seems people have got clued up to the same professional derampers & is always a signal to buy rather.

[stockologist] 14/10/2013 08:18

This doesn't seem to be going anywhere. Whole market must be aware of need for placing by now i guess.

[treacle32] 14/10/2013 08:08

2.16p paid - true spread still smaller than shown.

[linslader] 14/10/2013 06:49

whereareallthemugpuntersyachts 13 Oct'13 - 22:51 - 757 of 758 0 1

Is the tide turning ?

No but shareholders are drowning not waving

Lifeboats been launched yet, bet there isn't one named treacle2

[treacle32] 14/10/2013 00:04

Areva Urges Customers to Buy Uranium as Price Rebounds
By Francois de Beaupuy - Oct 7, 2013 12:36 PM GMT

Power utilities need to boost orders of uranium by 2015 or face potentially soaring prices as new atomic plants come on line in addition to reactivated reactors in Japan

All new nuclear plants will significantly boost demand in coming years, even taking into account the phasing out of German plants" by 2022 and other possible closures,Wantz said. "We see first a stabilization of prices, with the start of a pick-up as soon as 2014."

The spot price of uranium, which climbed as high as $138 per pound in June 2007, dropped to as low as $34.50 two months ago and recently held at $35.75, according to the Metal Bulletin.

"That doesn't seem to reflect a lasting market trend as prices for long-term contracts are higher," at about $54, Wantz said. Prices will also get a boost as uranium supplied from reprocessed nuclear weapons under a U.S.-Russian agreement will no longer be available.

[treacle32] 14/10/2013 00:04

- Roger has great links from his Cameco days and of course we have Cameco on board as a partner too.

Roger Lemaitre
Executive Director and Chief Executive Officer

Mr. Roger Lemaitre P.Eng., P. Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) is a Professional Engineer and Geologist with more than 20 years of professional experience, predominantly with major mining companies. For the past 11 years, he has held a variety of senior management positions with Cameco Corporation, one of the world's largest uranium producers, and was most recently Cameco's Director of Worldwide Exploration.

In this position, Roger had responsibility for overseeing Cameco's international exploration programs and budgets on 95 different projects coordinated from three offices located on three continents, the negotiation of earn-in and farm-out joint ventures and strategic alliances, and generating and implementing exploration strategies worldwide. Prior to joining Cameco, Roger was a project and field geologist for senior mining companies and junior explorers searching for copper, zinc and gold. Roger has a Master of Business Administration from Athabasca University, a Master of Applied Science in Geology from McGill University and a Bachelor of Applied Science in Geological Engineering from Queen's University.

[treacle32] 14/10/2013 00:04

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

[treacle32] 14/10/2013 00:03

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] 14/10/2013 00:03

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] 14/10/2013 00:03

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] 14/10/2013 00:02

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] 14/10/2013 00:01

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] 14/10/2013 00:01

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

7-Oct-13
2.12 Bull Chikou Span Cross Strong
" Bull Kumo Breakout
3-Oct-13
2.12 Bull Senkou Span Cross Strong
" Bull Tenkan/Kijun Cross Neutral
2-Oct-13
2.12 Bull Kijun Sen Cross Weak

[treacle32] 14/10/2013 00:00

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] 14/10/2013 00:00

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".

[treacle32] 13/10/2013 23:59

- 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.

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

- 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 23:11

Areva Urges Customers to Buy Uranium as Price Rebounds

Power utilities need to boost orders of uranium by 2015 or face potentially soaring prices as new atomic plants come on line in addition to reactivated reactors in Japan

All new nuclear plants will significantly boost demand in coming years, even taking into account the phasing out of German plants" by 2022 and other possible closures,Wantz said. "We see first a stabilization of prices, with the start of a pick-up as soon as 2014."

The spot price of uranium, which climbed as high as $138 per pound in June 2007, dropped to as low as $34.50 two months ago and recently held at $35.75, according to the Metal Bulletin.

"That doesn't seem to reflect a lasting market trend as prices for long-term contracts are higher," at about $54, Wantz said. Prices will also get a boost as uranium supplied from reprocessed nuclear weapons under a U.S.-Russian agreement will no longer be available.

[treacle32] 13/10/2013 23:05

- Roger has great links from his Cameco days and of course we have Cameco on board as a partner too.

Roger Lemaitre
Executive Director and Chief Executive Officer

Mr. Roger Lemaitre P.Eng., P. Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) is a Professional Engineer and Geologist with more than 20 years of professional experience, predominantly with major mining companies. For the past 11 years, he has held a variety of senior management positions with Cameco Corporation, one of the world's largest uranium producers, and was most recently Cameco's Director of Worldwide Exploration.

In this position, Roger had responsibility for overseeing Cameco's international exploration programs and budgets on 95 different projects coordinated from three offices located on three continents, the negotiation of earn-in and farm-out joint ventures and strategic alliances, and generating and implementing exploration strategies worldwide. Prior to joining Cameco, Roger was a project and field geologist for senior mining companies and junior explorers searching for copper, zinc and gold. Roger has a Master of Business Administration from Athabasca University, a Master of Applied Science in Geology from McGill University and a Bachelor of Applied Science in Geological Engineering from Queen's University.