Profile Help Forum Rules Advanced Help Last 1|3|7 Days Search Forum Tree View

Incredible Charts Free Charting Software Auto-Fit Trendlines Trend Channels Linear Regression Channels Raff Regression Channels Standard Deviation Channels

Thread   Start New Thread   Last Poster Posts Pages Last Post

Author Message  ragchewer Member Username: ragchewer Post Number: 648 Registered: 02-2005 Rating:  Votes: 1 Saturday, April 18, 2009 - 04:48 pm:     By: Esmarie Swanepoel 17th April 2009 TEXT SIZE JOHANNESBURG (miningweekly.com) – Australian speciality metals explorer Arafura Resources of Friday sealed a $24-million equity investment agreement with Jiangsu Eastern China Non-Ferrous Metals Investment Holding. The deal would see the East China Exploration and Development Bureau subsidiary taking a 25% interest in Arafura. Proceeds from the investment agreement would be used to actively progress the development timetable for the company’s Nolans rare earths phosphate uranium project, in the Northern Territory. Rags  ragchewer Member Username: ragchewer Post Number: 649 Registered: 02-2005 Rating: N/A Votes: 0 Saturday, April 18, 2009 - 04:51 pm:     ARU monthly long term chart looking for a isolation on the monthly and a base breakout on the daily, Rags Incredible Charts Free Charting Software Auto-Fit Trendlines Trend Channels Linear Regression Channels Raff Regression Channels Standard Deviation Channels  ragchewer Member Username: ragchewer Post Number: 650 Registered: 02-2005 Rating: N/A Votes: 0 Saturday, April 18, 2009 - 05:02 pm:     Daily chart now showing the solid base and imho where i think the breakout is ,,,,,at approx 38c,could be this week could be next i have no idea. Due to financing by Chinese now owning 25% of the company i feel at some stage a re rating of ARU should be on the cards. LYC could be the big sister to ARU and may provide some what of a lead in the Ree area. stock held for a medium term hold,,, Rags (crikey more than a week,,,good grief don't tell CC)  ragchewer Member Username: ragchewer Post Number: 661 Registered: 02-2005 Rating: N/A Votes: 0 Monday, April 20, 2009 - 07:48 pm:     ARU picks up another 8 mill from the Chinese and the market reacted accordingly with a close today up over 13% from yesterday. Todays close at 37.5c with an increase in volume up to 1.1 mill shares,,, A confirmed TA breakout with a close above 38c imho as seen on the above daily chart. Rags stock held  ragchewer Member Username: ragchewer Post Number: 666 Registered: 02-2005 Rating: N/A Votes: 0 Thursday, April 23, 2009 - 07:56 pm:     ARU, The market came to ARU this afternoon and price popped out through the 38c barrier and now looks strong to isolate on the monthly chart also. Uranium stocks across the board have been noted to be warming up again. Rags (Message edited by ragchewer on April 23, 2009)  ragchewer Member Username: ragchewer Post Number: 673 Registered: 02-2005 Rating: N/A Votes: 0 Friday, April 24, 2009 - 01:59 pm:     ***Rare Earths Make a Move Both of our rare earths plays have had big weeks. There was some directly beneficial news for Arafura which I'll go through in a moment. As for the advancement in the Lynas share price, well, I can only deduce that either someone knows something we don't, or that it's just receiving the benefit of market action in other rare earths stocks globally. Oh, and the re-emergence of the China story. I'll keep you informed if anything does develop. Anyway, back to Arafura. Take a look at the chart below that includes yesterday's price movement... There's little doubt that it's being influenced by a gradual increase in volumes over the post month. And why not, the news has been good. The latest news is the decision by Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co Ltd - thankfully labelled ECE for short - to fund up to $8 million in the Jervois Project joint venture. Jervois is an old project for Arafura, but now, thanks to ECE taking a 51% stake in the project, drilling can begin to explore the Vanadium and iron ore deposits that previous testing has indicated. And if you believe in the investment theory of buy low/sell high, buying into an exploration venture when the price has fallen by 75% in the last year... (Chart of price of vanadium falling)... There are plenty of horror stories around of mining companies paying over the odds for a resource at the top of the market. We are sure there are far fewer stories of opportunistic companies buying in when the market is at the bottom. I'm sure this would have been a fairly simple decision for Arafura management to take. Lock away $8 million and cement the relationship further with ECE on the rare earths side by giving up half the stake in an undeveloped project that was unlikely to get much attention from Arafura by itself anyway. Looks like a good win-win deal for both sides. Australian Small Cap Investigator Friday, 24 April 2009 Melbourne, Australia By Kris Sayce Incredible Charts Free Charting Software Auto-Fit Trendlines Trend Channels Linear Regression Channels Raff Regression Channels Standard Deviation Channels  ragchewer Member Username: ragchewer Post Number: 675 Registered: 02-2005 Rating: N/A Votes: 0 Friday, April 24, 2009 - 05:20 pm:     ARU closed the week at 43c i should have picked it in the weekly comp Rags

Add Your Message Here Post: -Color- Black Red Green Blue Yellow Purple Orange Cyan Gray White -Font- Arial Courier Symbol Times Verdana -Size- Smallest (-2) Small (-1) Normal Large (+1) Largest (+2) Username: Posting Information: This is a private posting area. Only registered users and moderators may post messages here. Password: Options: Enable HTML code in message Automatically activate URLs in message Action:

Threads by Last Post Time:

First 1 2 3 4 5 6 7 8 9 10 Next Last

Administration   Log Out     ««  Previous  Next  »»