VMY 2.08% 11.8¢ vimy resources limited

Agreed it's not looking great - I wouldn't say twitter is in a...

  1. 386 Posts.
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    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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Currently unlisted public company.

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