Member Info for fireheart1

from: http://www.theaustralian.news.com.au/business/story/0,28124,25806539-5005200,00.html Extract Resources (EXT) Fat Prophets; Hold recommendation; No price target; Last traded at $6.96. WITH the spotlight back on uranium stocks, Extract is pleased with the timing of its recent resource upgrade at its Rossing South project in Namibia, Africa. "The data and enhanced resource reinforces our long-held and overwhelmingly positive view of Rossing South as one of the premier uranium discoveries anywhere in the world," Fat Prophets said. The Rossing South Zone 1 resource was upgraded by 34 per cent from the previous estimate of 108 million pounds to 145 million pounds, at an average grade of 449ppm. The Perth miner had to clarify speculation last week that it was a potential takeover target. It told the Australian Securities Exchange on Friday no offers had been received by it, but it confirmed that several third parties had been in contact to express interest in participating in the development of its flagship project. Fat Prophets said it was eager to see the maiden Zone 2 uranium resource, which is on track for August.

I've lost money on everything he has said is a cheap stock and will rise... Were do I start, RIFT, ORE.. Shall I continue...

Also read the small print about paying it back by 2011, Creat are not going to do that? Why not just loan ZZL this instead of going to the banks.. It may well pay out and the stock will fly, it all depends on what they get for the cash.. If it's a up and running business with proven assets yes, if it's exploration licenses and the rest is there to develope a mine.. Be careful... Who knows..

I had a very simular posting with your new friend first thing this morning.. 07:01 today..

I think the question is how are they going to pay back the $30M by 2011??? RI? placing of more shares to Creat? Bit of a gamble on this... Plus what are they buying?

No big buys, all been small buys, which to me says PI's, so rise due to a storm picked up on the BB's yesterday / this morning...? Need to see the big buy's come in...

Yes, RI's are a learning curve and people will now see that 90% of the time you can pick up the stock at the same SP as RI price close to the deadline ... Re GCM, not a great fan, to close to PRL, and that puts me off considering the small share cap, and the % PRL hold (i.e. what they want, will happen votes wise), plus I see DL have left the board, any reason given?. He is a marmite type of guy, but he does get results, and I'm a fan and have a big stake in LGO..

I see IFL are on the way back as well

re mec, I was in at 11.5p.. And used the RI to average down, then sold out straight away, still a small loss but better than not taking the RI... A RI of that size only had one way to go, with a consolidation of 100:1, not nice for the PI's

Have a good day. My 1st anniversary is next month, been the most expensive year of my life.... ! How things change :) Good luck..

It's already up 7%... 23.5p ASK Actaully dont know if my Live stream has stopped but looks like auction??? BID 23.5p ASK 23.5p

So in basic terms the better RAB do with their funds i.e. what they invest in, i.e. the stocks they pick, the better the % return the clients get.. And the better RAB will do with more clients investing.... i.e. their SP will increase... Agree?

op, yes rss hold these Bankit, yes undecided. I only want to hold 5 to 6 stocks at any one time, and buy in quite big, so hard choice.. Considering i'm already up 400% plus in POG it's hard to choose.. Off to bed.. Smart, they are very diverse by means of the number of stocks,but the two mentioned are doing the best.

Agree, if they didnt have the KAH, or AMI, their portfolio would be less, by means of % gain this year..

laymens tems: the value of their funds have dropped off the cliff in their last results due to the stocks they hold dropping off the cliff.(They will only do as well as with the stocks they hold) But with KAH and AMI they should be allot better now... Hence they are due a nice rise in SP, but dont expect a sharpe rise, 30 to 35p by the end of the year, if their current stocks keeps going well.. Also look at PMK, going to start trading all AIM stocks as from 1st Sept, and be direct competition to LSE..

Not sure if you mean market cap. The market cap is worked out by the number of shares (share cap) x current SP, thus if the stock had a huge share cap (like PRL) and a low price it would give you a bigger market cap, but with a big share cap it's very hard for the SP to move... And with a very small share cap, the stocks sometimes have a large spread and a big buy can move the SP very quickly, but that aslo goes for a big sell... which is not nice.. RAB share cap of 470.54m is a nice figure,

Not EML, as you can see.. http://www.emergingmetals.com/Investors/StockInformation.html

The big players are fully aware of RAB, considering the % return they gave year to year for their funds (they got quite a rep for what they could do), at the end of the day RAB are only going to do as well as the stocks they pick to invest in.. Like I said KAH, and AMI currently stand out, but there are many more which have dropped off the cliff (one day they will rise back, for example AGU). When researching the stocks held by RAB, take note there is RAB and RSS, Rab special, a seperate AIM listing.. The RAB divid seems to be quite strong as well

I'll give my opinion, for whats it worth.. RAB: In previous years RAB gave great results to investors of their funds, by investing in junior miners etc.. Which was going well until the downturn, and hence their SP falling to approx 3p... Recently they have had great stocks which are giving them excellent paper gains, KAH, AMI... But also reccently they have said they are going to invest in more of the blue chip sector and move away from the junior miners, in my eyes a more defensive move, and no doubt they will come back to the junior miners in time, so they seem to be doing the right thing. But by investing in the blue chip stocks their results will not be as good compared to the other funds out there, as these funds will aslo be investing in the blue chip stocks. So in conclusion, RAB are a good stock to hold, but for the short term (12 months) I doubt they will stand out as strong as before, but they will still gain. Personaly I am seriously looking at moving my POG holding into these and that is more than double to what you were thinking of putting in.. But it will be for the long term, I see the current RAB SP have more chance of 100% rise to the current POG SP.. But as I say I'm thinking about it...

I'm seriously thinking about selling up POG to get in here... My only concern is what direction are they taking.. They have done really well with KAH, AMI etc.. But are they still looking to go out of the AIM mining sector??