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DRE - Dreadnought Resources

Discussion in 'Stocks 0-H' started by Ken, Sep 26, 2006.

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  1. Sep 26, 2006 #1
    Ken

    Ken

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  2. Sep 26, 2006 #2
    Bobby

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    Re: ERO - Eromanga Uranium

    Notice that Eromanga has extended the closing date of its IPO to 16th of Oct now ;)
     
  3. Sep 26, 2006 #3
    Ken

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    Re: ERO - Eromanga Uranium

    Why would that be?

    Could it be over subscribed?
     
  4. Sep 27, 2006 #4
    dubiousinfo

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    Re: ERO - Eromanga Uranium

    Moving the closing date suggests it may be struggling.
     
  5. Oct 3, 2006 #5
    yogi-in-oz

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    Re: ERO - Eromanga Uranium

    :)

    Hi folks,

    ERO ... looking ahead, with some time cycle
    analysis:

    18-20102006 ... 2 cycles - minor news???

    23102006 ... minor news - financial???

    27102006 ... minor

    07-10112006 ... major rally here???

    14112006 ... postive cycle - finances???

    17-20112006 ... positive spotlight on ERO ..... :)

    December 2006 should bring an underlying positive
    tone, throughout the month.

    01122006 ... positive move here???

    06122006 ... significant and positive news?

    08122006 ... minor

    19122006 ... minor

    22-27122006 ... minor

    02012007 ... minor and positive - finances?

    12-15012007 ... 2 cycles here may bring minor,
    but positive news/moves.

    17012007 ... minor and positive

    25012007 ... major and negative - a high?

    31012007 ... significant and negative.

    happy trading

    yogi

    :)
     
  6. Oct 20, 2006 #6
    Broadside

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    Re: ERO - Eromanga Uranium

    the fact they extended deadline to try and suck in more funds and also offered it to commsec clients suggests it may be a dud. Neither would happen if it was well sought after.
     
  7. Oct 20, 2006 #7
    Ken

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    Re: ERO - Eromanga Uranium

    i expect it to open well ahead of issue price.
     
  8. Oct 30, 2006 #8
    Ken

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    Re: ERO - Eromanga Uranium

    ERO opens tomorrow...

    I am not on as it was over subscribed....

    Bugger......

    Putting my neck out here, but i believe it will open well above 25 cents as i said. I could be wrong but from my sources its going boom.... not hyping it up as i am not touching any speculative stocks for the minute...

    :2twocents :2twocents :2twocents :2twocents
     
  9. Oct 31, 2006 #9
    Ken

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    Re: ERO - Eromanga Uranium

    okay disappointing opening...


    resources were flat ....

    uranium exploration to begin i november. going to hold off on this one...

    altough A-cap (ACB) were pretty flat to start with and now they are 70 cents....
     
  10. Nov 6, 2006 #10
    dhukka

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    Re: ERO - Eromanga Uranium

    Ken, I was wondering about the poor performance of this one so far considering the hype around Uranium at the moment. The fact they had trouble placing the stock was also a bit disturbing, they are due to start drilling this month so maybe it needs a bit of positive news to kick it along.

    Has the market satisified its appetite for speculative U stocks for now? Is ERO late to the party? Are their resources sub-par or are there just better U plays out there at the moment such as URA? Anyone care to have a stab at this one?
     
  11. Nov 6, 2006 #11
    Ken

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    Re: ERO - Eromanga Uranium

    dhukka we know uranium stocks have added a lot to its prices in a short period in one session.

    When the results come out and investors do the figures, I am sure they will realise that they have similar resources of value at hand to the other Uranium plays. Then its just a matter of making that profitable.

    At this point investors may be waiting on the sidelines for the most profitable.

    If ERO doesn;t go above its issue price then there would be some serious questions on why it bothered to list at all.

    Looking at the location, the chances of having a quality resource at hand is high. Whether this reflects in the share price, you are right, investors decide that.
     
  12. Nov 7, 2006 #12
    dhukka

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    Re: ERO - Eromanga Uranium

    I don't think any company intends for their share price to fall when they list, however once they do list its out of their control to a certain extent particularly with sentiment driven speculative resource stocks such as ERO.

    I'm sure you'll be happy to see ERO is up todayback to it's listing price of 25c on good volume. Time to jump on board?
     
  13. Nov 8, 2006 #13
    Ken

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    Re: ERO - Eromanga Uranium

    Location is the key, I have been told its a quality spot they hold.

    With no real burst off the blocks the announcements should get the ball rolling. I will continue to hold. If it breaks the 30 cent mark without any announcements, I'd be jumping on as it will be the inside money driving the stock. It has happened with many others.

    Wait and see exciting times.
     
  14. Nov 14, 2006 #14
    Ken

    Ken

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    Re: ERO - Eromanga Uranium

    Can't believe the lack of interest in ERO.

    Here's a company that has raised $15 million dollars. One of the largest pure uranium companies to be floated.

    Is in the Olympic damn region, and ergomanga basin.

    I guess an updated website, and a fresh announcement, which should be coming any day now.

    Anybody out there got some unknown knowledge they would like to share?
     
  15. Nov 14, 2006 #15
    Broadside

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    Re: ERO - Eromanga Uranium

    From what I read on HC at the time the IPO was open it wasn't well regarded nor was the company the assets were spun off from. As I stated earlier the fact they had to extent the IPO when most Uranium floats were running hot and needed to offer it to Commsec to top up their subscriptions is not a great sign...having said all the above I hope they find a huge amount of uranium, and good luck. I don't hold.
     
  16. Mar 14, 2007 #16
    mu5hu

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    Re: ERO - Eromanga Uranium

    Holding up quite well this stock.
    Hopefully some more good announcements come through.
     
  17. Mar 15, 2007 #17
    nizar

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    Re: ERO - Eromanga Uranium

    This was an outstanding Weinstein breakout.
    Reminds me of TRO bad.
    As such, i have taken a position at 0.28
     
  18. Mar 17, 2007 #18
    kennas

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    Re: ERO - Eromanga Uranium

    Yep, I remember TRO. After it jumped for 2 or 3 days I was thinking "it can't just keep going verticle, it can't." Well, it did stop eventually, so I was right. :) Not sure how to compare the 2 Nizar. Different projects etc. Chart wise, I'm just not sure, too early to tell. This Marree Project sounds very very prospective. Could they be beating it up a bit? 100km long palaeochannel. Would like to see a radiometrics of it.

    Typical junior explorer report though. They managed to get Beverley, OD, rollfront, just about all in the one sentance. LOL. :)

    If this is a legit pennant then target could be........49 cents! :eek:

    (for those wondering - a probably t/a projected sp from a pole and pennant like this, is the distance of the pole. It's about 21 cents. So, a break from 28 cents should have the sp hitting 49 cents on break)

    Seems a bit out there in reality though.

    Good luck! I might have a look myself. :)

    (nice website)

    http://www.eromangauranium.com/
     

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  19. Mar 17, 2007 #19
    nizar

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    Re: ERO - Eromanga Uranium

    Chart attached.
    Its a few days old though.

    Pennant looks nice, but i like how the volume has continued in the mil range, not just fall back to average volumes.

    TRO all over again.
    In my opinion.

    But this week will be telling.
     

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  20. Mar 17, 2007 #20
    nizar

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    Re: ERO - Eromanga Uranium

    TRO chart is attached for comparison.
    Also an old chart.

    But now i look at it again, there was no volume confirmation at the initial breakout...
     

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