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4 months later not a single sale.
Sorry dude but I believe I am right. I believed in this scam for a looooong time before finally dumping a substantial position a while back.
It's junk and the management team is junk. They aren't even calling the shots anymore IMO. HPG is and they will eventually buy this company for pennies....either way shareholders are screwed. But what else is new here?
Management does not give a rats a$$ about shareholders, they never have. See if you can find any insider buys out of the market. They don't even believe in their own technology!
The ATM must be very close to dry...these clowns are going to have to find real jobs soon. What a shame :(
Keep in mind that that scum bag Schaefer owns a huge chunk of this turd so even if they were to get anything going you would have to deal with all of his selling....we've seen what happens when he starts selling! On sorry, right it wasn't mike selling it was his son LOL!!!
This is a joke. Hurt a lot of good people (investors) but it's over. I just watch it for $hits and giggles. Good to zero IMO.
The question you have to ask is...how much longer can they stay afloat as they are real close to being out of cash.
Where are all the contracts that these guys were promising?
They won't accomplish squat in OZ...heck they can't can't do squat in their own back yard and with one of the largest players in the Basin being a substantial shareholder in this turd of a company.
Turn the lights out on this dog, it's over. One giant pump and dump compliments of the ultimate scammer Mike Schaefer and company.
The management team of BCTE is completely inept, don't bank on them accomplishing anything. They are here for a pay check and nothing more.
BCTE is a company that once had some potential. The problem is Management has not delivered and I believe will never deliver....BCTE has become a bank account for these clowns. They collect their checks as long as the bank stays open. What they do for their money is beyond me?
Now they are in bed with HPG.....hmmmm, who do you think is calling the shots? Yes that is rhetorical.
This company is either going to be sold to HPG for dirt cheap or will run out of money and disappear only to reappear as a new company wrapped in the existing shell.
I owned a lot of shares of this turd and believed the BS for a loooong time. reality is that they don't care about the shareholders of BCTE and only about collecting their checks. They are in my opinion total scumbags! Worse yet, scumbags that have no idea how to run a public company.
Between Mike Schaefer and HPG these guys don't make any decisions anymore. It's over and has been for a long time. Turn out the lights on this POS!
Insiders are selling like crazy!
http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=urz
I wonder if this is because they are trying to beat the large shareholders - Catchpole and Higgs to the punch?
Automatic securities disposition plan filed for URZ
1-Feb-2011
Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
Certain of the Registrant's officers and directors, Dennis Higgs, Executive Chairman of the Board, Glenn Catchpole, President and Chief Executive Officer and a Director; George Hartman, Executive Vice President and Chief Operating Officer and a Director; and independent directors Richard Holmes and Peter Bell, have each adopted an automatic securities disposition plan ("ASDP"), in accordance with the Securities and Exchange Commission's Rule 10b5-1 ("Rule 10b5-1"), applicable Canadian provincial securities legislation, including the guidance under Ontario Securities Commission's Staff Notice 55-701 (the "Canadian Legislation"), and the Company's Insider Trading Policy.
Rule 10b5-1 and the Canadian Legislation permit officers and directors of public companies to adopt written ASDPs (generally referred to in the United States as Rule 10B5-1 Plans), when such individuals are not in possession of material non-public information, to sell shares of Company stock (including upon exercise of stock options) in accordance with the ASDP on an automatic basis whether or not they subsequently become possessed of material non-public information. Once an ASDP is established, the officer or director is not permitted to exercise any further discretion or influence over how dispositions will occur under the ASDP.
Sales of stock under the ASDP will be publicly disclosed through Form 4 filings with the Securities and Exchange Commission.
Not sure what you mean?
This is 4.2 million shares coming into the market in the next 30 days. That's some big overhang.
You mean they believe they will be able to absorb those shares and thus keep the hare price up?
Uranerz Energy Corporation: NRC Determines No Major Environmental Impacts Preclude Licensing of Nichols Ranch ISR Uranium Project
12 minutes ago - ACQUIREMEDIA
CASPER, WYOMING -- (MARKET WIRE) -- 01/24/11 -- Uranerz Energy Corporation ("Uranerz" or the "Company") (TSX: URZ)(NYSE Amex: URZ)(FRANKFURT: U9E) is pleased to announce that the United States Nuclear Regulatory Commission ("NRC") has completed the final Supplemental Environmental Impact Statement ("SEIS") for the Company's Nichols Ranch ISR Uranium Project. The final SEIS is expected to be noticed in the Federal Register on January 28, 2011.
In its press release dated January 24, 2011 the NRC announced its determination that: "there are no major environmental impacts that would preclude licensing the Nichols Ranch uranium recovery project proposed for Johnson and Campbell counties in Wyoming."
"The completion of this favorable SEIS, a required step in the NRC licensing process, marks a very substantial milestone achieved by the Company and represents the culmination of over four years of effort which was spearheaded by Mike Thomas our Manager of Environmental, Health and Safety," stated Uranerz CEO & President Glenn Catchpole, "I would like to congratulate our entire staff for their valuable contribution through this entire permitting process. Uranerz can now focus on moving into the construction phase of the Nichols Ranch ISR Uranium Project.
Japan Plans To Stockpile 120 tons of Enriched Uranium
http://www.panorientnews.com/en/news.php?k=675
Gorgeous!
CASPER, WYOMING--(Marketwire - 01/04/11) - Uranerz Energy Corporation ("Uranerz" or the "Company") (TSX:URZ - News)(AMEX:URZ - News)(Frankfurt:U9E - News) is pleased to announce that the State of Wyoming, Department of Environmental Quality ("WDEQ"), has issued the commercial Permit to Mine (Permit Number 778) for the Company's Nichols Ranch In-Situ Recovery ("ISR") Uranium Project located in Johnson and Campbell counties in the Central Powder River Basin of Wyoming, U.S.A. The Nichols Ranch project contains an estimated 5.5 million pounds of uranium resources and will serve as a platform to develop the Company's other Powder River Basin projects through the permit amendment provisions of the regulatory process.
"This is a very significant event for our company, and it is one of the first new commercial uranium Permits to Mine issued by the WDEQ in almost 20 years," stated Uranerz President and CEO Glenn Catchpole. "It gives Uranerz the State's approval to construct and operate an ISR uranium mine and demonstrates, through no negative comments being submitted to the WDEQ during the public comment period, that the citizens of Wyoming support uranium mining as long as operations follow the State's comprehensive environmental laws and regulations."
On the federal level, Uranerz will need the final Materials License from the United States Nuclear Regulatory Commission ("NRC") before construction can commence. The Company received the draft NRC Materials License in late November, 2010.
URZ dead cat bounce here and just plain oversold or more manipulation?
I tell ya these U's are getting played by the big boys.
Uranerz Receives Draft NRC Materials License for Nichols Ranch ISR Project
CASPER, WYOMING--(Marketwire - 11/23/10) - Uranerz Energy Corporation ("Uranerz" or the "Company") (TSX:URZ - News)(AMEX:URZ - News)(Frankfurt:U9E - News) is pleased to announce that the United States Nuclear Regulatory Commission ("NRC") has issued in draft form the Materials License Number SUA-1597 to the Company on its Nichols Ranch In-Situ Recovery ("ISR") Project located in Campbell and Johnson Counties, Wyoming, U.S.A.
The draft Materials License is a fundamental step in obtaining the final NRC Materials License that, along with the State of Wyoming Permit To Mine, currently in the final stages of approval, will allow the Company to develop its first ISR uranium mine in Wyoming. "The issuance of this critical document indicates substantial progress in the permitting process," stated George Hartman, Uranerz Chief Operating Officer. "We are now preparing to initiate the construction stage."
The issuance of the NRC Materials License in draft form allows the Company to review the document to determine if there have been any material errors or omissions, or if there are any operational, procedural, monitoring or reporting requirements in the draft Materials License that are contrary to the requirements stated in the Company's current revised application on file with the NRC. If there are material differences in the requirements between those stated in the draft Materials License and those stated in the revised application, the Company will have the opportunity to discuss these differences with the NRC and come to a mutually acceptable resolution. After the draft Materials License review process is completed and thirty days after the final Supplemental Environmental Impact Statement is published, the NRC can then issue the final Materials License for the Nichols Ranch ISR Project; however, there can be no assurance as to when or if the NRC will issue the final Materials License for the Nichols Ranch ISR Project. The issuance of the draft Materials License does not constitute a final licensing decision by the staff of the NRC.
Boardmark? Sorry what does that mean?
Well we have seen a very substantial drop from 4.13 just days ago. Is this a good entry? Hard to say but it is definitely better than 4 or 3.50 or even 3.
I would start nibbling here and see what it does in the next few sessions. The pull back was necessary but IMO exaggerated.
Fundamentals intact and URZ is looking at permits so that is the wildcard.
Oops support is 2.24 sorry
Oops support is 2.24 sorry
I think you bailed at the wrong time friend. Unless this goes through the 20 DMA @2.50 Support on my chart is 2.70 that must hold. I think we are ok here and might even be a good reload.
Good luck anyway.
One giant pump and dump across the U sector. Personally I did no sell the dump early enough. bag holder here
That is the 6 million dollar question. Horrible last 2 days and you are right other uraniums are holding up while this POS just keeps going down hard!
I still want to know how the P&F thing works and how they can come with a price of 10.38 Is there a time frame? I'm confused and very pissed off today.
Looks to me like one big pump and dump and we got left holding the bag
I will ask you again....how the hell do you get 10.38?
The chart is completely bearish at this point and the stock is hurting again today while other U stocks are bouncing back.
Please clarify that post?
10.38? Ok I'm not a super TA wizard but explain to me how you see 10.38 as a price target for URZ please?
Have you looked at the stock? it's getting killed!
I own it still and think maybe 5-6 bucks but 10.38 based on that chart. Can you explain please?
You sell yesterday? Today?
Hardcore profit taking today. Short sellers might be piling back in.
What the hell happened today? it got killed yesterday along with most uranium stocks but came back with a vengeance today.
It looks like the market doesn't agree with you. Hardly an awesome reaction to such awesome news.
This stock is hard to figure. Only thing I know for certain is that it is heavily manipulated. So it will do whatever they want it to do I guess.
Somebody is holding it back for a reason. possibly to accumulate more before permits come.
You nailed it. This stock is a POS but mostly because of incompetent management. Good properties with permits on the way and decent grades in a uranium mining friendly state but the chairman of this company is an idiot and should have been kicked out long ago. He is the reason this stock was removed from the Russell index and the reason the stock is so manipulated by traders and shorts every day. He doesn't give a sh*t about anything but collecting his paycheck. shareholders be damned.
I am holding for the inevitable buy out that will come when they get the permits but not holding my breath for a fair price. shareholder rights plan or not this POS will get sold cheap thanks to the incompetence of management. When is the last time you saw something promotional out of URZ? Good luck holding to all.
Uranerz being delisted from Russell Index. explains all the selling.
Uranerz Energy Corporation has been identified as a potential deletion from the Russell family of indexes on the preliminary list of deletions issued June 11, 2010. The 2010 reconstitution of the Russell Indexes will take place after the market closes on June 25, 2010. Uranerz was included in the Russell family of indexes last year, including the Russell 3000(r) Index, the Russell 2000(r) Index, the Russell Microcap(r) Index, and the Russell Global Index.
Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the appropriate Russell indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings. Deletion of Uranerz Energy Corporation from the Russell indexes may cause certain funds indexed to the Russell indexes to sell their Uranerz shareholdings. More information about the preliminary list of additions and deletions can be found at: http://www.russell.com/indexes/membership/reconstitution/default.asp.
Funds are being forced to liquidate.
Sorry wrong stock thought you meant BCTE in your message to me.
URZ ask means nothing before open and after the close unless the stock is trading. Just market specialist screwing around. It's AMEX
Well let's hope that happens again!
Typo probably. After hours maybe???
.20 is the ask but the bid was strong yesterday.
I think holding longer term might be a good idea as they seem to be back on track.
Almost sounds like the Govt will force drillers in the Basin to use the tool...add to that "get drilling or lose your permits" and I think we are going to start seeing some contracts finally!
Remember BCTE doesn't need a lot of tools sold to become cash positive as their overhead is pretty low.
I smell a pump coming!
Get ready because this can get back to $2 in a hurry if they choose to pump it and I think they are getting ready. Looks like positioning ahead of a program imo.
Bought back today on the insane sell off. Tight stop loss in place but I think this is an easy 20 - 30% trade to the upside here.
Oversold is an understatement but something strange going on here.
Cut it loose not worth the aggravation. Forces at work here and I'm not fighting em.
Looks like the shorts aren't done here. This stock didn't react as well to the bounce yesterday as other uraniums. Makes me think shorts are not in any hurry to cover. So much for the big pop to 2
Might take a little longer and only if the markets cooperate otherwise might be a good idea to cut this one loose.
News yesterday about 2 more tools in the ground. Insignificant news put out by the tools that run this company.
This one could go either way I guess.
Short attack in full effect. Load up! Financing closes this moves up over $2 quick.
Reloading big here! Thanks to the financing announced today I scooped some cheapies. Rinse repeat baby!
Rinse and repeat hahahahahahaha! Bought back 2.03 then flinging back into the market today 2.25 +
This is a great trader.
$2 support will be tested tomorrow. In this market it could go a lot lower