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RiskyBusiness

386 Posts.

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10/10/18

00:22

Post #: 36060127
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Originally posted by RiskyBusiness ↑

Agreed it's not looking great - I wouldn't say twitter is in a frenzy though, not with general retail public. Traders, insiders definitely and a few HC die hards. Adding to this if you look at U stocks on the ASX none of them have had any breakout like our Canadian counterparts.

Whilst there has definitely been an uptick it's driven by the relative excitement of a sustained increase in U308 prices. After basically 10 years of declines...What are we at 27.45 over four months.

The VMY cash situation does concern me though. But nothing has changed since we recently spiked up to 18c in the last U3O8 price increase - fundamentals are better anyway or we are closer to better fundamentals than then.

Yes we've had some big sellers (looks like they are still going) but from what we've been told it's because they need funds so maybe there is nothing in it.

I'm 20% underwater so not as bad as some of you but we're not down an out. This could run up just as quickly as it's run down.

At least we're we arent BYK right now.

GLTAL DYOR.

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Just on this point as well or an extension of sorts. What's struck me is there is very limited activity on most of the U stock shares on HC. Sure there's mostly the same people we've had for the last 5 to 10 years and a few more here and there but it's pretty quiet. I realise we're all a bit early and the real game begins in a couple of years but it's earily quiet.

VMY Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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Mike Alkin podcast, page-14

Top Stories

Scientific conference spotlights PYC's work on blindness disease treatment

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Sales growth pushes Lovisa's fortunes (and shares) upwards

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Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

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Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects