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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: maxncompany who wrote (13072)2/29/2008 2:02:13 AM
From: diverdave  Read Replies (2) | Respond to of 30219
 
HAT volume has been a revelation. shares trading approx 13.9 million on 27/2 & approx 4.9 million on 28/2.

my wife caught the falling knife on HAT in 4/07 (dammit), then averaged down in 12/07 - in an effort to get out on a bounce... then we saw the halt in trading on 26/2. we've just lightened up to become risk-free, but haven't exited completely due to the volume remaining strong. there are some big bids being put up. as soon as the price drops, the big bids come in, with some following through to increase price. we may take some more profits soon & leave the last 1/4 of her original position to await assay results. who knows that fate?

i'm concerned about the news release hinting too strongly at something big. maybe there is. maybe not. thats for core to start telling.

what i find particularly troubling is HAT halting trading before the news release - they drew too much attention to it. comparing what they have to tell so far (activity of an unknown quantity, in apparently only 1 of 12 holes-to-date) vs other U companies with that type of news (i'm not saying all U companies there...), most of the others didn't halt trading. the risks associated with any U junior crying wolf to the market are never good, & are worse during a down phase. no need to prolong the unpleasant.

hopefully this will all play out smoothly (in some form) for HAT & the junior U market.

i agree with you on dml & dml.wt.a (i have both) - doing well, particularly with dml producing vanadium, where there is a surplus in electrical supply :)

i know you prefer producers at present, but what is your take on CXX? CXX has increased strike length considerably & may be able to link 3 sections together. grade is around 0.1%. i have been increasing my position on dips below $1.40

dave