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Online Share Trading

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Help... anyone...please.

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Not applicable
What's with this share? Is this panic selling for some reason I don't know about. It's not just the negative market influence, because things have been spiralling downwards for quite a few days now. Rand strength? Green Peace? Or just my usual dumb luck? Any insights welcome.
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3 REPLIES 3
allanf
New Contributor
I have the same sentiments. I cannot understand the pullback on this share, especially after the last very positive SENS report regarding global operations. I would think that the share is now at bargain prices and MUST pick-up in the next week or so. Also, with the gold price showing signs of taking off, I would expect Uranium One's 71.3% share of Aflease to have some positive influence.
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horsetrader
Occasional Contributor
You have my sympathies with this one! I'm also taking a bath here. I'm not too stressed though since it is a longer term share. There was some negative press recently about over-optimism of what's in the ground. I think since the recent merger, the fact that Neill Froneman is at the helm, dual Canadian listing and that SXR mines gold as well are all positives. I dont buy the uraniun over-supply theory though. There are over 100 new reactors being planned worldwide for the neat future and as I understand it the current global uranium supply does not meet demand. Not sure what the enrichment dynamics are though. All in all hang in there, probably at a good level to top up a bit now - if you have sizeable cahoona's ...
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horsetrader
Occasional Contributor
You have my sympathies with this one! I'm also taking a bath here. I'm not too stressed though since it is a longer term share. There was some negative press recently about over-optimism of what's in the ground. I think since the recent merger, the fact that Neill Froneman is at the helm, dual Canadian listing and that SXR mines gold as well are all positives. I dont buy the uraniun over-supply theory though. There are over 100 new reactors being planned worldwide for the neat future and as I understand it the current global uranium supply does not meet demand. Not sure what the enrichment dynamics are though. All in all hang in there, probably at a good level to top up a bit now - if you have sizeable cahoona's ...
0 Kudos