Gung Ho schreef:
Ter lering ende vermaack.......
www.mineweb.com/mineweb/view/mineweb/...There may be a number of useful lessons from the relatively short, post-2000 history of uranium stocks. One of the handy case studies is supplied by Xemplar Energy (XE CN, C$3.17),
which as recently as October last year traded below $2 a share. The stock price cleared the $8 per share level less than two months ago; since then, it's retrenched by nearly two-thirds.
At the time of its peak stock price, Xemplar, an explorer, was still waiting for assay results from drill cores submitted in December 2007.The samples, from 13 holes at Xemplar's Warmblad prospect in Namibia , were dispatched to Set Point Labs in Johannesburg . On 18 December 2007, Xemplar announced that it "believes it has effectively discovered a new uranium province in the Warmbad area, with the identification and delineation of over 14 large mineralized alaskitic bodies that outcrop in an area of approximately 40 kilometers by 28 kilometers".
While speculators noted that Xemplar had only been around for a year, it was equally noted that it had secured chunks of ground from Namibia 's northern border with Angola to the southern border with South Africa . A note after a site visit from Canaccord, an investment dealer, discussed six distinct mineralised radiometric alaskite bodies, about 12km apart, within an area covering 40km by 12km.
Inevitable market rumours of a "takeover approach" had it that the world's most conservatively managed mining company, (RTP LN, £52.35), and the world's No 2 uranium producer after Cameco, and owner of Namibia's Rössing uranium mine, may have been lurking in the wings. Xemplar was on the boil and in the first week of 2008, a recent addition to the UK broking scene, Fairfax rated it as a "world class uranium opportunity". Fairfax anticipated that "a major such as Rio Tinto, Areva or a Chinese" [entity] could be lining up to swallow Xemplar.
Ahead of even the first drill results from Warmbad, Fairfax gleefully put a potential valuation on Warmbad of US$2-7bn, based on a potential of 20bn tons of uranium oxide at 100 ppm (parts per million). These dreamy numbers dwarf Rössing. On these numbers indeed, Warmblad ranks as the biggest of its kind in the world by a factor of five to ten. When Xemplar finally published its first drill results Thursday, 8 February, the numbers looked fine, but the stock price drifted downwards.
At current stock prices, Xemplar carries a market capitalisation of just US$356m, a far cry from the mind-numbing figures spun out through the market over the past couple of months.
[quote=Gung Ho]
Xemplar was nog niet zo lang geleden een miljard $ waard. Heb na Bre-X nimmer een GR Dr1 junior gezien met een dergelijke MC. Speculeren dat de buren maar een stelletje dombos zijn die alleen maar teveel geld willen betalen leek/lijkt mij destijds al niet reeel. De Mining Business is een uitermate profibusiness. De conclusie voor wie het wil lezen van het MW artikel is IMHO meer dan duidelijk.
We zullen zien
Succes
GH
[quote=Gung Ho]
Na de pump de dump of toch ...
www.mineweb.com/mineweb/view/mineweb/...[/quote][quote=roos 2000]
pas op kraland weet niets van mining. er is nog geen gat geboord,..... grt roos
[/quote]sorry, posting is inderdaad niet juist. had moeten staan kraland weet niets van mining en er is nog geen drill uitslag bekend. gat geboord was overdrachtelijk. een gat is pas iets met een lab of visuele uitslag.
kraland hyped mij veel te veel. ook hij kan niet onder de grond kijken. iedereen die in deze stocks belegd weet dat de stijgingen nooit op commando komen en exploratie soms totaal anders loopt dan van te voren gedacht. deze prijs is gezien het ontbreken van echte resultaten heel erg hoog. dit lijkt een klassieke pump en evntually dump?
ik wens overigens iedereen het allerbeste en de hoogste prijs.grt roos.