Uru Metals Share Discussion Threads

[mike_f] 02/8/2017 08:35

Down 6% then straight back up to flat?? Accommodating a buy order as well?? Odd

[hiddendepths] 02/8/2017 08:32

btw This morning's larger trades have been paired, first the buy and then the matching sell - see the 150,000 and 100,000 trades. The buy of 700,000 was followed quickly by a sell of 500,00 - I suspect that the difference was the broker's (or MM's) overnight book position.

Intriguing.

[hiddendepths] 02/8/2017 08:25

It's certainly an unusual trading pattern. It looks as though it takes a phone call to a single seller any time someone wants stock. Yet the seller has been persistent for quite a while. Normally, such a seller leaves an order in the market, often with a broker who will work it over days or weeks. The fact that the seller has become sporadic, albeit in some size, suggests that the selling is coming to an end and that he (she?) has become opportunistic with the last chunk of stock.

It's impossible to be sure but if I'm right there's scope for a good rebound once the seller is done. There certainly seems to be no loose stock around from anyone else. That sort of illiquidity lends itself to a substantial rerating - at least 40-50% imo.

[mike_f] 02/8/2017 08:13

No guarantee it is one seller benjamin but it seems like it's fairly consistent which could point to that. Every time there is some buying activity there are round numbers of millions sold. Yesterday 1M & 3M. What I don't get though as love it has just mentioned is that they don't let you buy any! I had to do neg trade to purchase mine and doing dummy trades can see that it's a regular occurrence that neg trade is offered instead of a live price. I'm hoping this means the MM's are gearing up for a rise... fingers crossed.

[love it] 02/8/2017 08:09

No seller atm you cannot even buy 50,000 online at 1.2p

[benjamin123] 02/8/2017 06:46

Forgive my ignorance but how do you know it is a single seller offloading stock? Is there something else other than the trades that indicates this?

[turbotrader2] 01/8/2017 18:21

Impatient that's all

[hiddendepths] 01/8/2017 17:32

Someone woke the seller!

[mike_f] 01/8/2017 16:00

Well my purchase at 1.3p is looking wonderful at the moment haha. Not particularly bothered however as it looks like we are touching the bottom of the recent fall and if news drops this could rise significantly!

[turbotrader2] 01/8/2017 15:49

1 share codeRNS logged

[mike_f] 01/8/2017 14:43

Good post on LSE:

Y00020978
Posts: 164
Off Topic
Opinion: No Opinion
Price: 1.225
RE: Looking to get in....Today 14:31This research might assist you.....

Read the RNS' and listen to the podcast and you will know the following news is incoming shortly:

- Acid Leaching results - CAPEX reduction (due any day)
- Assay results from drill 1 (Due any day)
- Progress on drill 2 and 3 (Due any day)
- Resource estimate update at Zeb
- Lithium asset acquisition (Canada hard rock) #1 (Could come any day)
- Burgersfort update
- TR1's? (Could come at any time)
- Acreage increase at Zeb process commenced
- Narke Update
- 6p BOD options exercised
- 9p BOD options exercised
- Zeb Asset sale/JV for $100m+
- Special Dividend paid following potential Zeb sale
- Lithium Asset Acquisition #2
- Burgersfort drilling campaign

The only thing that's changed in the company since the 4p days are:

- 4.5p Placing = fully funded for current exploration work
- Delay in drilling commencing
- 2p, 6p and 9p BOD options announced
- 2p options exercised by all 3 people holding them
- Adams International increased their holding
- Drilling commenced, hole 1 completed, hole 2/3 in progress
- Large sample sent to lab to explore an 'Acid Leaching' option to extract Magnetite (this alone worth $370m net profit), potentially significantly reducing CAPEX
- Henry Kloepper left his role at Frontier Lithium due to a conflict of interest, and was appointed to the BOD at URU (whilst also being given options @ 6p and 9p)
- Podcast stating that URU are looking at acquiring Canadian lithium assets (plural)

Everyone needs to chill out and keep their eyes firmly on the bigger picture forming in front of us - just like the BOD are doing.

[mike_f] 01/8/2017 13:10

3m delayed sell gone through, that was holding it back! Moved freely afterward, that the last of them?

[hiddendepths] 01/8/2017 11:56

The price did this the other day and then plunged mid afternoon. But I'm sure the seller is almost out - there's a casual nature to the selling.

Welcome trader! Bring some friends

[mike_f] 01/8/2017 11:39

On the move! Seller gone? :)

[turbotrader2] 01/8/2017 11:36

Get in while you can IMHO

[mike_f] 01/8/2017 11:03

It would appear so... hopefully clears soon with the volume going in. I would have thought they are running low now as the drop has eased dramatically. We will see.

[hiddendepths] 01/8/2017 11:00

Delayed 1 million buy from an hour ago just gone through. Seller still there!

[mike_f] 01/8/2017 10:59

Cheers hd, SAV has been on my radar, requires further research however. Will take another look.

[hiddendepths] 01/8/2017 10:58

Was curious about it being pushed by a ramper and checked it out last week. Liked the story and bought some. I'm a long termer happy enough if the mad punters push my shares up. Then I tend to sell half when they've doubled and run the rest.

But I was analyst (oil) for many years and I always need good fundamentals! FWIW a buddy of mine who is in the mining industry checked SAV and URU out for me and gave a thumbs up!

[mike_f] 01/8/2017 10:36

Have you taken a position hd?

[hiddendepths] 01/8/2017 10:33

Persistent small buying in the last hour. Thus far the seller is feeding the market.

I wonder if the punters are starting to move in after their false start a few days back. It wouldn't be a surprise - this stock could double and still look like a good bet. At present it's seriously undervalued but that state of affairs can persist for quite a while. However, the strong and persistent upward move in metals prices could easily trigger a change in perception.

[mike_f] 01/8/2017 10:33

Good volume today, perhaps clearing another sell in the background, could see a good move north once done if volumes continue. GLA

[mike_f] 01/8/2017 09:32

Morning hd, I partly put that down to fat fingers and partly down to predictive text! LolIt does very much feel like the seller is done/very nearly done and with news due on a couple of fronts and Nickel rising, the share price could be gearing up for an impressive rise back up.Very illiquid at the moment, half decent sized buys are moving the share price one way or the other, on a big volume day this could "soar" ;)