Member Info for ceckyspunt

compare prospects with SDS for example concentrating on short term growth

i dont dispute that the report was "encouraging" and that it will in due course lead to revenue generation and capital gain, however there is a lack of colourful language in the report and i am concerned about the timescale of developments...if its gonna be 2-3 years (or more) before any commercial extraction then surely its better to put yer money elsewhere and come back to this later...

.last night

with very positive news expected in the next 6 weeks this has to be one of the best value stocks on the market at the moment!

i can see why the sp dropped towards the end of tuesday before these results were published. This report is at best encouraging, and shows reasonable levels of u3o8, and efforts by the company to build axcess roads and explains where the money is spent. except for further drilling, it does not give much insight into whats going to happen next, with regard to commercial extraction, which is of course the required end result. it looks like we have to wait longer for revenues..., on balance, im quite dissappointed, i had overly high expectations perhaps (only one of the samples gave +2000ppm "high grade" results), and expect the sp to fall a little tomorrow even though there is clearly great potential for commercial extraction further down the line.

A high resolution helicopter radiometric survey was completed during the period under review over the most prospective areas of the Mtonya project. The survey comprised 5,150 line kilometres of data collection on 250 metre spaced flight lines.The results of the reconnaissance are considered encouraging with one anomaly giving a peak result of 2,500 counts per second at surface using a hand held scintillometer. The results of the August and November 2006 exploration field program on the Mtonya Uranium Prospect in Tanzania were the value driver for URA in the period under review. We are an exploration company and as such we are not producing revenue. We are well capitalized with a net cash position of £2,071,367 at 30 June 2007 The interpretation of data has identified more than 15 anomalies of interest

In the first half of the period under review channel samples from trenches at the Company's Henri anomaly produced assays of up to 2.71% U3O8. The Company continued to expand its land holding from approximately 7,600 sq kms in granted tenements to approximately 10,850 sq kms in granted tenements and a further 2,700 sq kms in applications. The Company notes that its key Henri area has been converted from a Reconnaissance Licence to a Prospecting Licence granted 22 November 2007 Earth moving contractors were deployed to establish access to the Henri area of the Mtonya project. The contractors completed a 12 kilometre road into the main exploration area Peak intersections above 100 ppm U3O8 cut-off achieved include: * 7 metres at 1,233 ppm U3O8- including 3 metres at 2,607 ppm U3O8 * 7 metres at 549 ppm U3O8 - including 4 metres at 843 ppm U3O8 * 6 metres at 507 ppm U3O8 - including 2 metres at 1,145 ppm U3O8 * 7 metres at 400 ppm U3O8 - including 3 metres at 770 ppm U3O8 * 4 metres at 515 ppm U3O8 - including 2 metres at 855 ppm U3O8

http://www.hardmanandco.com/Research/Sunrise_Diamonds_Oct_07.pdf

moving up now...where is prelim. announcement as per TDWaterhouse

397k buys 31k sells...and sp drops?

http://www.mineweb.com/mineweb/view/mineweb/en/page38?oid=42047&sn=Detail

tdwaterhouse - interim report 14-december

buys vs sells = 9/2

report due soon...today or tomorrow

got the info from tdwaterhouse about interim announcement. the development of the new 3d poker software over the last couple of years has obviously affected revenues for that period...but the deal with ladbrokes (up front payment and continued "peppercorn" payments for the naxt two years have got to have improved the balance sheet. Let be honest, this company were almost financially dead before this deal, and the sp reflected that. I use, and like, the new software, but a lot of people dont bother with it at the moment because it takes up too much pc capacity for older machines. also its a nightmare to download. but i think once people try it, theres no going back. Its like 56k modem vs broadband...

thats about right...however...ura are a long way from actually producing uranium. they have to raise finance, buy equipment, employ workers and build transport links for all this to happen...assuming they have all the correct paperwork allowing them to actually extract the mineral. ura will have to raise money by issuing shares or selling mining rights...both these options dilute share value. so i guess we have to wait for more information regarding viability.

even at these prices the market cap is only £30 m...that has to be good value surely

http://www.uic.com.au/pmine.htm http://www.uraniumminer.net/market_price.htm http://www.uraniumminer.net/resources.htm https://secure.tdwaterhouse.co.uk/webbroker2/hemscott/tdw/tiles/market-news/news-item.jsp?newsid=52158082866878&epic=URA&v=td&dec=false These give a background to what i wrote but DYOR

meant tazmania NOT tanzania

can it keep going?