Member Info for antonyfree

I feel a lot better now

on, 2nd Jun 2014 07:00 RNS Number : 5561I URU Metals Limited 02 June 2014 URU Metals Limited / Index: AIM / Epic: URU / Sector: Natural Resources 2 June 2014 URU Metals Limited ("URU Metals" or "the Company") Appointment of Chief Executive Officer URU Metals, the multi-commodity resource exploration and development company, is pleased to announce the appointment of John Zorbas as Chief Executive Officer (non-board appointment) with immediate effect. Mr. Zorbas, a resource entrepreneur with a proven track record in the metals exploration and development industry, will provide further expertise to the URU Metals team as it focuses on the advancement of the low-cost high-tonnage Zebediela Nickel Sulphide Project in South Africa. In addition, the Board believes Mr. Zorbas's experience in the uranium exploration sector will be of particular importance in the development of the Närke Oil-Uranium Project in Sweden, which hosts one of the largest proven uranium deposits worldwide. Mr Zorbas is currently Executive Chairman of NWT Uranium Corporation ("NWT Uranium") and Chief Executive Officer of Mercom Oil Sands plc. He is also a director of both ZorCorp Capital Holdings and Starline Capital Holdings Infrastructure Fund, and served as President of MGM Productions Group Inc. Mr Zorbas has held senior advisory positions in various facets of business including operations, marketing, sales, strategic planning and structured finance. Mr. Zorbas holds an Honours Bachelors in Economics from the University of Toronto. David Subotic, Chairman of URU Metals, commented: "I am delighted to welcome John to the team and I am confident that his extensive high level experience in the exploration and development sector will prove invaluable as we refine our strategy and focus our attentions on the development of URU Metals' key assets. John has supported URU Metals for many years through his position as Chairman of NWT Uranium, URU Metals' 38% shareholder, and will bring his expertise in the uranium industry to the Company. This will be of particular importance in the development of the Company's Närke Oil-Uranium Project in Sweden, where there is potential to define combined non-compliant resources of 1.47 billion tonnes containing 303,000t of U3O8 and 525 million barrels of oil equivalent.

To add to the fun, a question one might ask about the next acquisition in North America.What constitutes North America? Greenland,mexico,Canada,etc,etc about 23 countries to choose from. http://www.worldatlas.com/webimage/countrys/na.htm

http://www.marston.com/Portals/0/CoalTrans_Antra_Poland_2009.pdf

Putting aside the uranium argument ,investing in coal is not all that bad.I am also invested Atlantic Coal Plc (ATC). There are some good posts about coal there, read Hamm`s posts, a true enthusiast.By reading his posts it will get you up to speed in the coal market . Atlantic is a Anthracite producer .

What I have written is pure theory and no real evidence,only circumstantial speculation. NWT Uranium is an exploration stage company with a very catchy name working in Vietnam, and business has not be straight forward for them.Their South African subsidiary Niketo Ltd has had two blunders ,First with UBS unique broadband systems Inc- a Broadband company and Union Securities were they lost a deposit of around $600,000. John Zorbas age 41 has been Interim President, Managing Director, Director since 2008. I am afraid the the coal connection is just coal.

Mercom oil has primarily become governed by a uranium company.£300,000 has gone to a KNOWN uranium area in Vietnam. Generally it is of low quality in these very high quality anthracite fields ,however that is generally speaking. Now they have an operation that brings in money and the chance explore and develop what else they can find or already what they know. It does not make sense to invest just in coal how good it is when there are other choices one could make,they could have just went with the gold projects and perhaps that would have sufficed for the present.However, coal? they would have known how the market would have reacted to the news. These people are not fools.In reality it is a good time to buy, if uranium is to be introduced into the picture at a later date if found to be viable.They have already some form of agreement with the goverment. Nuclear Power stations are on the agenda,energy is in demand.

should tic up quickly

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=10&cad=rja&uact=8&ved=0CH0QFjAJ&url=http%3A%2F%2Fenglish.vietnamnet.vn%2Ffms%2Fenvironment%2F95344%2Fpm-takes-control-of-mine-licences.html&ei=0qOHU8i4F-mI7AaBkICoAg&usg=AFQjCNGcr9iPU_K_2gDaK0hqOHNpc7JIZw&sig2=_YLekNt-anG3SNrqECgZlg

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CDkQFjAB&url=http%3A%2F%2Fbaobacgiang.com.vn%2FPrintPreview%2F52459%2F&ei=0qOHU8i4F-mI7AaBkICoAg&usg=AFQjCNGegDRVP0cD0gu3Q9bW5MjDW5Xb0g&sig2=Gdj8zxoi6UjH0i4NeboQ2A

The coal deposit, which is typically of anthracite quality with low volatiles and low ash, was probably laid down in the Triassic period and is of Mesozoic age. The age of the known uranium mineralization ranges from Proterozoic to Quaternary. However, those occurrences with a higher potential are of Mesozoic age. https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=9&cad=rja&uact=8&ved=0CHkQFjAI&url=http%3A%2F%2Fwww-pub.iaea.org%2FMTCD%2Fpublications%2FPDF%2Fte_0650.pdf&ei=v5qHU-elOMbA7AbZnIHwDA&usg=AFQjCNG2FlW3ZPhiWUQAHHpB7DosScCCxA&sig2=HTNLMkIqSra4fQRthKjJNw

http://www.wise-uranium.org/upasi.html#VN

Have a good time and tell us all about it.

Vietnam has two large coal fields. In Quang Ninh Province in northern Vietnam, where anthracite coal is found, there are about 5.83 billion tonnes of reserves at a depth of 300 meters, and over 10 billion tonnes at a depth of 1000 meters. Bac Giang Province of Northern Vietnam Bac Giang coal field is right next door

It is projecting output of 25kg of gold per month for its phase one expansion which is scheduled to be completed during Q3 2014. That is their 30% stake about £129,600 per month after 28% expenses per month and increasing at gold prices of £24 per gram at present. £311,040 per month producing 60kg not including additional production costs

Standard life buys out Tavistock in years to come , wouldn`t that be good.

"read those reports and you will have your answer". " This should be around the 30-40p level by now with a target of about 80p by the end of the year." Please put me out of my misery, What is the answer?

"read those reports and you will have your answer". " This should be around the 30-40p level by now with a target of about 80p by the end of the year." Please put me out of misery, What is the answer?

Change now in minuites ,Spread of 40% and marked up by 9.09% and no volume, makes you wonder

Spread of 60% and marked up by 18.18%, seems like the mm are discouraging buys and sells.Keeping the day traders away and possibly allowing the unaware PI in.The effect is a HOLD with little reaction. The question is what are the market markers thinking?