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24/09/18
08:56
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Originally posted by nsw004
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I have been in VMY invested for quite some time as a few know.
First of all selling by RCF looks fishy , they have supported VMY a big way through the wors ever uranium bear market but now why sell ? Ok we will say they are selling BMN also , but some thing does not sound right as far as VMY is concerned. The stock looks specially weak when other uranium stocks have been steady now.
The only thing I can think of is Govt pulling the rug at the last minute , it can always happen and we retail will be the last to know and Govt will care more for the local population and nothing about the retail investors in Uranium cos
However I am fully invested, let us see where this goes.
I think present weakness also indicates may be some low priced CR is on the way
Reg Uranium bull market, too much noise on twitter and social media, the powers to be will definitely give a big tree shake over next few months, guys who want to enter other stocks can do so. I do not think retail will be allowed to make big money in uranium stocks that easily now.
Interesting to see DYL is not at all falling and slowly rising all the time, any views, not promoting it here and not a holder in DYL , just an observation.
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As far as dyl is concerned, they have the best management team, their drilling campaign is expected to double their resource. Its a highly regarded stock due to location and the teams expertise 8n the area. Fyi i hold vmy and dyl...... Actually all the good asx u plays bar pen