Member Info for Dannny

Even uranium prices rose sharply by around 10% during October making it all the more puzzling.

The pullback in EXT to $8.30 just seems crazy, really cant figure it out at all other than general market sentiment falling. Guess all you can do is keep buying more.

So with EXT & KAH being listed on the namibian exchange am i right in thinking the same amount of stock currently available is just split between the ASX, TSX & now namibian exchanges?? Ie. They dont issue anymore stock do they. It usually just creates greater upward pressure as opens up demand from a new market. Any one confirm this is how it works??

Down another 2%, mainly due to the ASX tanking 1.4% in general by the looks of things. Managed to buy EXT at at $8.80, seems a baargain price down from $11.40 barely a month ago when you consider weve have the confirmation of another zone of mineralisation and an increase of overal resouces since then. Gonna try and load up here & in URU & PRL hopefully today. Some good opportunities around at the moment.

Back to topic, anyone tempted by extract at the dip back to $9 now? Has to be a good buy both near & long time at that level, concensus seems to be $15 is inevitable, or simply wait for the next drilling update. I feel much happier trading EXT & KAH than vastly overbought financials and the like at the moment

Well ive dipped in and out of this one about 6 times now and will continue to do so. To propose you shouldnt sell a share even when it looks likely it will fall is just daft to me. Knowing when to sell is as much a skill as knowing when to buy. Why should someone not be supposed to sell so you can make money, lol... Its like people who slate shorters, i never short personally but anyone who does and makes money is fair play, everyones just out to make money at the end of the day.

Sp seems to be defying the usual logic here at the moment, Ext down tp $9.4, URU pulled back to 35p, people obviously dont want to part with their KAH shares. Not sure whether to cash in again tmoro if this holds, this is becoming a nice shortterm trader. Think op will present to get back into EXT sub $9 as next update probably wont be for a while and it tends to drift..

Jumped back in today, this is becoming a very nice share to trade short term. Wouldnt mind it falling back to 180 though so i can buy big

Of coarse its always a gamble not being in EXT & KAH as potential is there for someone to mount a takeover bid at anytime but you take your chances i guess. One thing for sure your only going to make money in the long term from the whole EXT / KAH play, just personally i think the support levels are $9 & 180p respectivly

Needs EXT to breakout for this to move any higher. Near term i think EXT may dip back down to $8-9 as the recent news update is now out and may be quiet for a while. I took my profits on EXT at $9.80, bit of a risk selling but i think the op will arise to get back in cheaper, same with KAH. Sold at 212p yesterday, got a massive order to open at 180p. This share has been very good to me, fully intend to keep on playing it, but mining at EXT is 2-3 years away even if fasttracked so will be lots of opportunities in the meantime

Was a bit dissapointed EXT didnt finish the day a bit higher than it did considering the update on friday, maybe wasnt helped that the ASX had a pretty poor day in general. Definately looks to be continuing the upward trend now though, sure it will retest that $11.30 high before too long, at least i hope so the amount of them ive bought.

If EXT hits $15 which is the target figure ive seen a lot of people mention and seems likely at this stage i guess you'd be looking at KAH hitting £3, but thats purely based on their EXT investment.

From what i can tell the discovery of the new Zone at Rossing South was reported after the aussie markets closed last night. If this is the case no way do you want to be selling here as EXT could quite easily be back at $11-12 on monday and KAH could be looking at a lot higher than this

I know i watched a presentaion by peter mckintyre i think it was about a month ago and he stated within 12 months South Rossing will almost certainly be the 2nd biggest Uranium site in the world, but the biggest site is not a pure uranium site, produces other commods as well. Looks like things are kicking off at Extract again now, monday could be interesting there, loaded up massivly in EXT , KAH & URU on the recent pullback, feeling pretty happy today

not in here but this one is looking tempting, might wait for the whole rights issue to get sorted first

After the inevitable dip caused by the consolidation this looks to have continued its upward trend now, a lot of people may have been waiting for it to stabilise and bottom after the consolidation before jumping back in. If the overall market remains optimistic this could well continue onto 350p very soon

love this company, have traded it about 3 times now, whenever i buy it seems to just shoot up, just one of those companies that appears to like me.

Same here, picked some up just above 170 & bought some more at 168p, good opportunity to load up here on this pullback

Very quiet on here lately. Intersting to note Kalahari boss stated today the newly discovered Zone 3 is yielding 'exceptional' results and that they fully expect the resource to be much larger than currently known. Not sure if this is speculation of if they are privy to more than most of us know about how the current fasttrack drilling programme is progressing.

Kinda expected this today, the fall here now reflects the drop in EXT more accurately, which to be fair it should. Might be a good op to get back in before the next extract drilling update comes out. Just wondering whether the retrace in EXT may just temp a buyer to make their move.