UMC Energy Share Discussion Threads

[jimbobgr] 21/3/2007 13:54

Anouncement dated 31st october

Name % holding before admission % holding after admission
Cline Mining Corporation - 40.00%
Investika Ltd 19.56% 11.73%
Willbro Nominees Limited 14.67% 8.80%
Fitel Nominees Limited 11.19% 6.71%
Societe Privee de Destion De 8.69% 5.21%
Patrimoine
BBH ISL Nominees Limited 5.43% 3.26%
Credit Suisse First Boston Client 5.43% 3.26%
Nominees Limited
Pershing Keen Nominees Limited 4.62% 2.77%

On 22nd feb notified Investika had interest of 19.8%
Now notified that RAB has interest of 5.43% under name of Credit Suisse

It looks like they have just increased their stake back up to its level before the acquisition so an increase of about 2.2% not 5%

I make it about 92%

[lyonst5] 21/3/2007 13:30

Where is it possible to find the upto date % of major share holders, i'm struggling.

[jimbobgr] 21/3/2007 13:15

RAB brought stake of just over 5% but that would mean there are only about 5% left on market?

EDIT: perhaps there has been a shake 'if you believe in them'

hopefully a good sign!

[jimbobgr] 21/3/2007 09:30

Seems to be opposite trades going through again yesterday to me,

[graylyn] 20/3/2007 15:58

Looking cheap again, dropped on little volume, I suppose all eyes will be on the budget, when these shares get their TSX listing I think the action will start. imho

[hattori_hanzo] 14/3/2007 21:05

Hi jimbo - It looks like a matched trade to me: A swap of 200k, from seller to buyer, with the MMs pocketing the 2p difference.

[jimbobgr] 14/3/2007 21:00

Can anyone explains todays trades to me?

would have thought it was not chance that 2 units of 200,000 traded so assume that they were the same person but judging by the price you would think they are opposite trades.

[jimbobgr] 14/3/2007 16:27

Someone just brought 200,000 shares

[jimbobgr] 13/3/2007 14:20

CMK have found uranium anomolies in madagascar whilst looking for Iron, wonder if that will eventually come over to UEP too?

[robin_of_loxley] 13/3/2007 13:26

I have a few ;-)

[freedosh] 13/3/2007 10:34

Robin, you in here? How wise
freedosh

[robin_of_loxley] 13/3/2007 07:56

lol Hattori :-)

[jimbobgr] 12/3/2007 09:46

Seems uranium may breach the $100 barrier if that news is to be believed sooner rather than later. Expect share mags will have a feature then and hopefully we will get a mention, I dont know of any comments on UEP in either Shares or Inv. Chr. Have there been any?

[papillon] 11/3/2007 23:22

H_H, do look at some of the recent posts on URA bb, eg proactive investor report is mentioned. Tanzania looks to have tremendous uranium potential and URA is in the thick of it.

[hattori_hanzo] 11/3/2007 13:00

Aye. It can only put further upward pressure on uranium & benefit uranium stocks.

papillon - Apologies, I missed your post.

I'm currently holding just UUU, UEP and a small amount of ZRL. I have previously held UMN, but sold too early (because I needed the money at the time). However, as you know, I have a proxy holding in UMN through GLA. I once held VML, but not atm, but I'm pondering a purchase.

However, despite UUU being my biggest uranium holding, I'm still looking to add more. I think, given the increasing shortages of uranium, it's the big producers and near term producers that are the best bet. After that I'd go to the other end of the scale and buy a modest amount of the really cheap looking and relatively undicovered minnows, like UEP.

[graylyn] 11/3/2007 11:49

Ranger Uranium Mine Pit 3 Flooded
World's Third Largest Uranium Producer Underwater

Take a look................


TradeTech Says Nuclear Utilities Stunned by ERA Force Majeure
Raises Price Indicator: US$90

[papillon] 07/3/2007 21:24

Hi H_H, I'm back in UEP. Did have a lot of UEP (UOX); they were as low as 12p last year. Made some money out of them but sold out. Missed the recent rise but now back in (small stake). I see in previous posts you mentioned URA and VML; have both (good paper profits). Looking to add more URA since WMT has been in demand lately and JV with URA seems to be the reason. URA share price has held up really well; I can see it breaking out soon. Drilling starts in May. VML is worth a top up too. Geiger Counter keen on VML and URA. My main holding is still UMN; going back up again on placing price news; are you still in?? Undervalued compared to its peer group, eg PDN. I bought some BRM recently; share price been strong recently. Anybody else hold? Good uranium prospects in SA and DRC.

[jimbobgr] 07/3/2007 13:11

TSX and TSX-V Listing Process

The TSX-V also has simple listing rules, though the capital pool accessible is not as large as that of AIM or the TSX. The TSX-V is well suited for early-stage mining companies looking to raise smaller amounts of capital to finance ongoing exploration. Certain disclosure is required (such as audited financial statements), and some minimum exploration work must have been carried out (US$100,000 spent over the last three years on a qualifying property). A prospectus can be avoided if the issuer is not a reporting issuer in Ontario. TSX-V listing fees cost around US$14,000. That excludes all professional fees associated with a listing.

If the company has a later-stage mineral property or a producing mine and wishes to raise greater capital (likely for such operations), a TSX, as opposed to a TSX-V, listing will be required. Listing criteria are much more stringent than for the TSX-V, but the capital accessible will be much greater as well. Some of the elements required in the TSX listing process include submitting personal information forms ("PIFs") for all insiders, directors and control-block holders; the preparation and filing of a prospectus; the possibility of a sponsorship being required from a participating organization on the exchange (essentially a member of the TSX, usually a brokerage); and, finally, the creation and submission of a fully compliant NI 43-101 technical report examining stated mineral resources and mineral reserves. TSX and TSX-V companies are required to file quarterly and annual financial statements. TSX listing fees may cost between US$30,000 and US$90,000 (excluding professional advisers' fees). Both TSX and TSX-V listings take between six to eight weeks from the time of filing required documents. Note that the total time required to list on the TSX and TSX-V can take substantially longer due to the length of time needed to prepare required documents prior to filing, especially with regards to prospectuses.


Both TSX and TSX-V listings take between six to eight weeks from the time of filing required documents.

[graylyn] 07/3/2007 08:37

Shake ?? can`t get enough stock ?? maybe.

[tadtech] 06/3/2007 22:15

graylyn.. My thought too. Perhaps there is a large buyer (poss Investika ?) looking to mop up surplus stock at this level.


Interesting trades. Could see some price action sooner than later IMO. This has no-way gone up as much as other U stocks. £12m market cap and thin market in the shares. Cheap

[graylyn] 06/3/2007 18:21

Amazing, some large sells today when compared to the number of shares in issue, yet no price movement! will we see a delayed buy at some point, perhaps in the morning?

[tadtech] 06/3/2007 09:32

MM seemed to lap up the 125k sale early this morning without dropping the price. Could indicate stock shortage and a rise ahead.

This is off most peeps radar, a good sign. A steep rise in the U price and investors will be clambering for bargains in the sector.