View Full Version : MEY Marenica Energy
airedale
01-03-2010, 08:01 PM
MEY announced a large upgrade of their reserves today.
Ariva the French nuclear giant has just taken a 10% stake.
I have been building my stake.....but not anywhere like 10%.:)
Huang Chung
01-03-2010, 08:34 PM
Broker put me back onto these today (I think I posted/started a thread on them last year sometime).
Share price has hardly moved since, so yeah, I was happy to pick up a few today.
airedale
01-03-2010, 10:06 PM
Hi Huang, there is some more info over at Sharescene.com
shasta
01-03-2010, 11:04 PM
Thanks for bringing this up Airedale
I'm following FTE quite closely as my Uranium pick & they have AREVA with a blocking stake too.
If they are operating in the same area, these may both be in play down the line
drillfix
01-03-2010, 11:49 PM
This was a classic Sell the News move today.
Bit of a shame really, because it makes me think about, if they can do it to MEY, then what wil they do to any other stock with good news.
airedale
02-03-2010, 08:46 PM
Todays action set against the long term trend.
http://i474.photobucket.com/albums/rr105/airedale99/MarenicaEnergymonthlyChart.png
Huang Chung
02-03-2010, 08:48 PM
At least the share price is going up, but its certainly not sprinting.
Grabbed a few more at 20c today.
drillfix
03-03-2010, 12:59 AM
Sheez there HC, you seem to be accumulating heaps of stocks of late, Are you the Bank of HC or something :P lol
Huang Chung
03-03-2010, 01:11 AM
Just shuffling the deck chairs on the Titanic Drilly!
Diversifying among the penny d's...nine of them now.
Huang Chung
04-03-2010, 04:12 PM
Going down.
I've badly mis-judged the mood of the market on this one....
shasta
04-03-2010, 04:26 PM
Going down.
I've badly mis-judged the mood of the market on this one....
Price of U308 down $1.25/lb (-3%) to $US40.50/lb might have someone to do with the sector losing ground
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