URL 0.00% 13.5¢ universal resources limited

Things looking to be coming together very nicely for URL, with...

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    Things looking to be coming together very nicely for URL, with some good news from the company and good coper price. Expecting more good news with Finland DFS and financing decisions by June, production maybe Dec quarter 2011, and Roseby decision next year also looking good if Otokumpu already nearing production by then.

    Chart looks to be trending up in a channel from March low, making 3*higher highs, & 2* higher lows in price and Stochastic indicators. Volume increasing on increasing price, lower volume on the drops.

    Good market depth from close yesterday ...
    BUY --- SELL
    3 - 120K @ $0.175 --- 5K @ 0.180 - 1 (seller)
    7 - 224K @ $0.170 --- 63K @ 0.185 - 2
    1 - 86K @ $0.165 --- 125K @ 0.190 - 1
    5 - 160K @ $0.160 --- 124K @ 0.195 - 6
    3 - 142K @ $0.155 --- 336K @ 0.200 - 9
    6 - 529K @ $0.150 ---
    5 - 320K @ $0.145 --- 101K @ 0.210 - 3

    Wishing now I was a bit more daring and grabbed more after one of the drops back to $.14, but am already a bit overcommitted buying at $0.023 pre split (bad timing there). Might try for more again at next drop to $0.155 if the big orders below that sit there.

    Anyhow just wanted to show all the current good news in one place.
 
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Currently unlisted public company.

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