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roiresearch...good questions. em
"Open question for anyone: if the final tsx contract is expected this week for the flow thru program, wouldn't UMNG's audited financials be due and all executive positions have to be filled? How did they get to the final contract? There must have been a preliminary, and on that preliminary had UMNG's afs. I just bring this up since the Form 10 is being delayed b/c the NIs are not done yet resulting in no AFs
So when I say 'fleece the flock,' it seems the company can very well save us when it wants to do so. but are they waiting for the pps to drop?"
*If we can get a pretty good reserves report, uplisted, and clarification on TSX which is where the financing will come from, this stock price will see a substantial gain.
Looks like short selling continues this morning.
Any idea what effect this will have on the stock price? If any?
We finally know who the ceo is!! Lets hope he is telling the truth in regards to BOD, reserves report and uplisting!
Analog, How can you be so sure everything is ok?
The company just has to be honest. The question is though...Who's really running the company?
More reasons to believe this is a scam than not. One BIG reason is whoever is running the show is afraid to put their name on anything!
Analog, How can you be so confident as the stock price has been slowly crashing even with several pr's put out? Are you just purely dreaming?
There apparently was no buyback.
i agree 100% em
Did we reach the bottom?
Yeah, and "friendly investors" lol
-All we need is some validating going on here and this stock will really start to take off.
Have a good weekend chuck. I'll be curious to see what our next press states!
-oil
Here is what I came up with; Stock is purposely being brought down as low as they can get it. Lame, open ended press releases are being put out to help in that effect. Most likely the week after next the company will come out with their reserves report and uplisting. Right before that information comes out look for a big spike in share price. .10-.15. There are some investors holding some big cash waiting for the right time.
Most likely no news next week due to 4th of July week.
klon, Have you ever talked to Jon?
Roiresearch,
The company
Klon,
Are you going to be buying again today?
I have heard that information regarding the TSX deal would come out this week and that the much anticipated reserves report would be out next week.
Lets vote: Will tomorrows stock price be closer to .04 or .07?
umng was my first pinksheeter i ever invested in. I now realize the corruption that actually exists here. I'm afraid I still don't know. Is it day traders on steroids, frantically trading back and forth? Perhaps. Could it be a few hedge funds painting the tape, hoping to make it look like the sky is falling? Maybe. Could it be huge numbers of phantom shares out there, making the reported float inaccurate? I guess it's possible.
Unfortunately, Reg SHO appears to raise more questions than it answers. As the DTCC is quick to point out, its job is simply to report the failed settlements. It is up to the SEC to actually do something about it.
How is it possible for there to be more shares being traded at the ask than the bid and yet the stock goes down? Who do you blame? Something illegal is obviously going on.
Analog, what do you mean?
What happened? How did we end up closing at .05? Last I looked it was back to .069?
buyback is definitely taking effect, especially today!
umng news headline...
"umng to announce imminent news"
Umng will be announcing imminent news in the imminent future.
LOL
They say never try to catch a falling knife. It seems the news isnt stopping the fall, so look for it to continue. .05's, .04's, .03's etc.
How do you know this?
"So in the next few days, we are going to see that UMNG will be combing financial statements with HRRN via the TSX corp. At this time, UMNG will release the Laurentide NIs so the value of the HRRN and UMNG mining claims with the NI will have that much greater of an impact."
This press release is a complete joke, and i feel it gives us a true look into what kind of incompetence were dealing with.
Taken from a uranium website;
"I have decided to compile a list of analysts and management who have come out publicly and tried to predict where the uranium price is going. As you notice, some have not given timelines. The dates are as accurate as I can make them, although they might not be exact. Notice that, as the uranium spot price continues to move up, analysts who were more conservative with their targets are starting to revise upwards
April 17, 2007 CIBC WORLD MARKETS $140 in 2007, $160 2008
April 11 BRENDAN KYNE, LEEWARD HEDGE FUNDS $150-200 next two years
Apr 10 NEAL FRONEMAN, CEO SXR URANIUM ONE $150 end of 2007
Apr 10 LAURENCE ALEXANDER, JEFFREY & CO. $115avg 2007
March 29 ABN AMRO, GLOBAL BANK $140 2007-2010
March 29 JOHN WILSON, RESEARCH CAPITAL RESEARCH $125 2007, $140 late 2008"
sorry for the double post. eom
Who is this cortellazzi guy? Many posters on the message board ragingbull.com believe this guy is running umng and that he is a fraud with a proven track record of running several companies right into the ground. Can this be true?
Wheres the buyback? I thought it was immediate?? What are they buying back, 1000 shares a day?
What happened to the buyback?
$1.00+ if...
We have a good reserve report and we uplist.
Have a good weekend
Klon, a few questions...
1.Why didnt todays press give the name of the financial institution?
2.How will we ever know if a buy-back is actually in effect as a pink-sheeter!!?
3. "Friendly Investors"?? Are you part of that? Who are they and how would we know they were buying stock back??lol impossible!
-I want to believe this is the real deal, but common sense has been telling me otherwise.
Hey Sparky,
Are you telling me you know?
Huh? Darlin?