Keyword results: URU Metals

Bearcast
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Tom Winnifrith Bearcast: It is the 3 things the fraud SYME does NOT say that should terrify the morons

I hope you have a Happy New Year’s Eve.  I aim to be in bed by 8 PM. Bah Humbug. In today’s podcast I look at URU Metals (URU), Lansdowne Oil & Gas (LOGP), Path Investments (PATH), Kore Potash (K2P) and the fraud Supply@ME Capital (SYME) and today’s red flag dripping trading statement. I also explain why I expect the oil price to go higher over the coming year.

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URU
URU
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Red Flags At Night: URU Metals – Rules Are For Little People

Last night at 5.11pm – no-one-is-watching o’clock – AIM-listed URU Metals (URU) ‘fessed up that it had taken a C$950,000 loan from CEO John Zorbas last June. That, of course, is a related party transaction which therefore should have been disclosed but rules are for little people…

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URU
URU
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URU Metals – The Slide Continues: Keep Selling!

I cannot help notice that John Zorbas’ AIM-listed URU Metals (URU) continues to slide. At the end of July I noted that the shares, then at 405p, seemed to represent over-valuation to the point of madness. By the end of August the shine had started to come off with the stock at 390p. Now they are 320p – and still monstrously overvalued.

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Clown
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Five Slam-Dunk Sells for 2021 – Or, Rather, My Market Madness Index: August Bank Holiday Update

The markets are utterly bonkers. They have been all year. And that brings me to my 5 slam-dunk sells for this year, which I have previously suggested the performance of which underlines my feelings that the market is completely unhinged.

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Tom Winnifrith Bearcast: Been there, done it, bought the T-shirt

I end with another appeal for brave Ian Westbrook. We are now just over £7,000 from making Neill Ricketts of Versarien (VRS) sweat like the loathsome pig he is. Please do donate HERE. I start with a comment on Kefi (KEFI) from the horse’s mouth, and a look at the fraud Zoetic (ZOE), Deepverge (DVRG), Moonpig (MOON), Uru Metals (URU) and the Zak Mir top of the market call.

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URU
URU
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Red Flags at Night: URU Metals – For whose benefit is this POS being run?

Last night, at 5.32pm on a Friday – no-one-is-watching o’clock – AIM-listed John Zorbas outfit URU Metals (URU) issued an RNS related to its death spiral financing package first announced in May last year. It is good news for the loan sharks, but surely shareholders deserve better.

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URU
URU
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URU Metals – Red Flags Aplenty as Interims are Released

The good news is that we did not have to wait until after-hours on New Year’s Eve for the latest set of Interim Results to September from AIM-listed John Zorbas POS URU Metals (URU). But the numbers are, as predicted, truly awful – it is Red Flags ahoy from this technically insolvent joke company.

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URU
URU
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URU – Environmental Impact Assessment “progress”. What progress?

AIM-listed John Zorbas vehicle URU Metals (URU) – the one described by Cynical Bear as being happier mining its own shareholders than anything in the ground – has updated on its Environmental Impact Assessment (EIA) at the Zebediela Project in South Africa. Bear in mind that it announced in April that it planned to spend £250,000 it hadn’t got on this back in April.

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URU
URU
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URU Metals – red flags abound as shares up, trading minimal…..when’s the placing for this technically insolvent POS?

Tom Winnifrith hinted at a perceived problem in the last placing by technically insolvent POS AIM-listed URU Metals (URU) and I fear history is about to repeat. Back at the beginning of May the shares raced ahead to 200p and then a placing at 85p was announced. Now the shares have raced ahead again to 285p on minimal volume…..are shareholders about to be plundered again?…

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URU
URU

URU Metals – placing under starter's orders as new Corporate Presentation is launched

AIM-listed URU Metals (URU) – the company which drills shareholders as opposed to anything in the ground, according to Cynical Bear – has launched a new Corporate Presentation. That means its next confetti-fest is now under starters orders…

URU
URU
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URU Metals: A Massively Technically Insolvent POS “is pleased to announce” FY Results!

AIM-listed John Zorbas vehicle URU Metals (URU) has today released its FY20 results. It is “pleased to announce” them, as is Chairman Jay Vieira, but there is absolutely nothing here for shareholders to be pleased about. It is massively technically insolvent and the Going Concern statement is a hoot. And call me old-fashioned, but where has the Nomad signed off on this announcement? Maybe I am going blind, but I can’t see the Nomad mentioned anywhere: surely that it a breach of AIM Rules? Has the Nomad resigned? Should the shares be suspended?

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URU
URU
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The Market is Bonkers: URU Metals – a SELL on steroids

Tom Winnifrith has already laid out his concerns over the state of play with too many stocks being quite obviously overvalued to a massive extent. One such play I have been following is John Zorbas’ BVI-registered (and therefore not subject to the Takeover Panel’s 30% rule) and AIM-listed URU Metals (URU).

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Bearcast
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Tom Winnifrith Bearcast: Malcolm's BT woes & peak Corona madness at Filta

I start with the ShareProphets shares Conference on Saturday. Darren should have sent the tickets last night. He will send today so need to email me. I have just recorded Vin Murria's main stage show and really you must not miss the Queen of Tech. Get your ticket HERE. On today's podcast I look at BT (BT.A), Filta (FLTA), Uru Metals (URU) and the madness at Anglo African Oil & Gas (AAOG).

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URU
URU
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URU Metals – another POS rising ludicrously on the AIM Casino...

Tom Winnifrith has already added to my comments yesterday about the ridiculous aluation of AIM-listed Tern plc (TERN), which even after yesterday’s 25% crash and a further 10% drop today is still monstrously overvalued. Tern is not alone, which brings me on to AIM-listed URU Metals (URU) which has been rising steadily from a low point of 90p on 27th April to the current 200p. So what has been the catalyst for this meteoric rise? After all, URU is – as I have pointed out before – technically insolvent!...

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URU
URU
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URU Metals – plans to spend £250k it hasn’t got on EIA. Has John Zorbas found the Fed’s Magic Money Tree orchard?

AIM-listed URU Metals (URU) has announced an update on its mining right application as announced on 11 December 2019. Except it was first announced not in December just gone but at least as far back as May last year. Still, never let the truth get in the way of a good story with which to ramp the shares. We are told that...

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Bear
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Five slam-dunk sells for 2020

Peter Brailey has already offered his list of sells for 2020 in the form of his Vomit List of useless oilers, so here is my 2020 list of Slam-Dunk sells. I doubt there will be much borrow available on any of them so shorting may not be possible (although two might offer up some) but the main message is stay away!

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URU
URU
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Red Flags at Night – URU Metals delivers (Ooh Er MRS) Red Flag strewn Interims at 4.23pm on New Year’s Eve Eve

Last week AIM-listed Inspirit Energy (INSP) released results at no-one-is-watching o'clock, on Christmas Eve Eve. It seems the trick of avoiding ShareProphets scrutiny by releasing bad results the day before good days to bury bad news is spreading, for yesterday – New Year’s Eve Eve - at 4.23pm came interims from AIM-listed URU Metals (URU). Except ShareProphets was watching, always keen to highlight news that companies don’t want you to see. And oh dear, oh dear…..

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The Seven Mythical Wonders (September update) – My final review of this collection of ‘never-quite-getting-there’ companies

This series has gone on long enough so I’m bringing it to close this month with the biggest news relating to the ongoing moving of the goalposts at Kibo Energy (KIBO) which makes one wonder whether the flagship project in Tanzania is ever going to see the light of day.

URU
URU

The Seven Mythical Wonders (August update) – wondering on Manica, Zebediela and Batai Plai

It’s that time of the month again and with two of the seven mythical creatures proving their existence so far, I was hoping for some more progress this month from the remaining five. Alas no, just more prevarication, distraction and fund raising – how disappointing.

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The Seven Mythical Wonders (belated July update) – Great news: Optibiotix proves Father Christmas does exist!

As Cornelius Nepos said: “After the darkness comes the light” and having been in despair last month writing June’s update, I am back to my bouncy best as Optibiotix (OPTI) has become the second Mythical Wonder to become real and in some style…..although I hope it now performs better than the first!

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The Seven Mythical Wonders (June update) – I’m starting to despair

When I started this series in January, I didn’t realise how dispiriting it would be as, yet again, my seven wannabe Loch Ness Monsters have proven to be just another set of blurry photographs of tree branches. At this rate I’m going to struggle to make it to the end of the year but at least I’m not a shareholder in any of them I guess.

The Seven Mythical Wonders (May update) – Incredible scenes as EVR Holdings proves the Melody VR app exists after all…..time to exit!

A time for celebration as one of the Seven Mythical Creatures has become a reality this month with the long awaited launch of the Melody VR app from EVR Holdings (EVRH). We may never see such events again or at least not the share price anyway.

XTR
XTR

The Seven Mythical Wonders (April update) – Xtract disappoints yet again but EVR Holdings appears tantalisingly close to launch

It’s time for my monthly look at this motley selection of AIM wannabes. Not much to say for most of them so want to focus on the contrasting progress reports from Xtract Resources (XTR) and EVR Holdings (EVRH).

XTR
XTR

The Seven Mythical Wonders (March update) – EVR Holdings could be inching ahead in this tortoise v tortoise marathon

It’s time for my monthly look at this motley selection of AIM wannabes. A few positive pointers but they all remain resolutely out of reach for the time being; although after a false start at Vast Resources, I sense the wonder VR app at EVR Holdings is taking the lead.

MRS
MRS

Management Resource Solutions continues to turnaround the business

Occasionally a company which looks dead and buried does actually manage to turn things around, and I’m starting to wonder if that will be the case with Management Resource Solutions (MRS).

The Seven Mythical Wonders (Feb update) – Good news for Kibo Mining

I started the year with a light-hearted look at a few value-generating AIM yarns that appear to have a lot in common with the Loch Ness Monster as there is some doubt as to whether they are ever going to be seen. It feels like monthly updates are appropriate and it’s been a busy start of the year for some of these AIM yetis.

XTR
XTR

The Seven Mythical Wonders of the AIM Casino

I’ve been a bit preoccupied in recent weeks with a certain fund manager so thought I should catch up with a few old friends on AIM this weekend but it transpires that not a lot has actually happened. It made me realise more than ever that AIM is much more about the travelling I hope than the arriving. Accordingly, I thought it was more appropriate to write a piece heralding the 7 Mythical Wonders of the AIM Casino instead.

ANR
ANR

Altona Energy: The perfect place....ramp…..place manoeuvre – Christmas drinks all round

And there we have it. Today’s announcement of the placing at Altona Energy (ANR) to raise £735,000 at 0.5p completes a very successful, oft–repeated, operation at the lower end of AIM, namely the placing, followed by the industrial-sized ramp, followed by the placing – the “PRP”. It is worth looking at in closer detail.

URU
URU

URU Metals: Acid leaching news finally out – not really worth the wait was it?

I laughed at last week’s announcement from URU Metals (URU) concerning the acid leaching results but I wasn’t necessarily going to comment on the meaningless tripe. However, I feel I almost have a moral duty to counter the “Speculative Buy” nonsense from its corporate broker, Beaufort Securities, so here goes.

Bearcast

Tom Winnifrith Bearcast: Starcom is the bullshitter of the day and Altona the ramp du jour

I start with Starcom (STAR) whose statement as it announces a placing is pure unadulterated bullshit. Do the crony capitalists who put this shite out take us all for morons? Then it is onto Altitude (ALT) whose shares are up by 19% today valuing the company at £32 million. Maybe I am thick ( don't comment on that!) but I just cannot get my head around that valuation and explain why. Finally onto Altona Energy (ANR) and related ramp Uru Metals (URU). This is the latest POS to get the full ramp treatment and I explain why its share price is absurd.

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ANR
ANR

Altona Energy – What on earth is Zorbas the Magpie up to now?

Anyone who follows the lower end of AIM will have spotted the recent excitement and massive share price increase at Altona Energy (ANR) following a heavily discounted keep the lights on placing at 0.05p on 13 October. I couldn’t help but notice the name of John Zorbas cropping up and suspect that he has found something new and shiny to get excited about.

URU
URU

URU Metals – Results out: something new for the Great Distractor to get excited about!

As expected the full year results for URU Metals (URU) came out on the last possible day yesterday and, also as expected, they didn’t provide any answers to the questions I raised in my preview piece (HERE). However, that didn’t stop John Zorbas finding something new to get excited about and distract investors about the pitiful lack of progress here.

URU
URU

URU Metals – Results preview: will the Great Distractor finally come clean?

I’m expecting URU Metals (URU) to issue its end of year results on the last possible day  on 29 September, next Friday week, and am also expecting a sleight of hand masterpiece from the CEO, John Zorbas, who loves to distract from the real issue here, namely an uneconomic mine. Here’s a contrast of what I would like to see in the results and what I expect to see.

Newsboy

Notes from Underground: All's quiet on the ShareProphets front

The first non-Tom Winnifrith (and non-house) article is #1, Sepura – The rollercoaster deal continues: could this be the first Brexit-related deal implosion? by Cynical Bear. We may have turned a corner, folks.

URU
URU

URU Metals – A company that prefers to mine its shareholders than the actual shiny stuff

I won’t claim to be a mining expert and will leave the technical analysis to Gary Newman who is much better at that sort of thing (see HERE); however, with the odd looking share movements and the Zorbas connection, I couldn’t resist digging through past RNS’s to find something ridiculous and what was clear is that this isn’t really a mining company at all, unless you think rinsing shareholders of cash counts, of course.

URU
URU

The tangled web behind URU Metals

URU Metals (URU) seems to have this RNS lark cracked – if the market hates the first one that you issue, then just word it slightly differently and release news about the same project again the following day. You really couldn’t make it up!

Bearcast

Tom Winnifrith Bearcast - Im really not into that green shite but its worse than that

In today's bearcast brought to you despite having a heavy cold, such is my dedication to you my listeners, I cover: Reach4Entertainment (R4E), Wishbone Gold (WSBN), writing to the FCA, T Clarke (CTO), Northern Petroleum (NOP), Andalas (ADL), Uru Metals (URU), Bilby (BILB) and Windar Photo (WPHO)

URU
URU

Zak Mir's Bull Call Of The Day No.2: Uru Metals: Best Case Target 2p For The Rest Of 2015

It may be the case that there is not much to go on in terms of the charting configuration of Uru Metals, especially for a stock which is clearly not the most liquid on the London market, but there is certainly enough for a chartist to make a call of value here.

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