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IRNG has been edging up for a month from under 4 cents to mid 4 cent range. Started strong upmove this morning and now in the 5 cent range. Drill results might be coming in. Here is what I wrote previously (I got in at .042)
At least two of the areas tested show very high water radioactivity, higher even than areas in producing mines in similar sand stone areas in America. Drill results not far away. Uranium spot price has been steadly climbing this year and lately has been going straight up. So will the price of our stock if the drill results show uranium and there is every indication that they will. HOW MANY URANIUM COMPANIES WITH EXCELLENT PROSPECTS CAN YOU FIND THAT ARE GOING FOR 4 CENTS/SHARE NONE EXCEPT FOR OUR COMPANY. As soon as I post this, I am going to put in a pre-market buy order GTC for a price of .035, if I don't get it in a day or two, I will increase it to .040 or .045 And there aren't that many shares outstanding, so any buying pressure will tend to send the price up strongly. Uranium spot price .. http://www.uxc.com/review/uxc_prices.html 2005 chart uranium straight up * the end: http://www.uic.com.au/nip36.htm I sent an e-mail to the company yesterday asking how many shares they had because I didn't see it listed on their web site. I quess I missed it because here was there message to me today. PS, I like their quick reply. Here is what they sent me: The best place for any info is our site, it is the most up to date. The currant issued is 48,520,482 as of 11.08.05
STAR GAZER
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Stock is up againg today and on over 2 million shares. Since the stock started moving up yesterday, each days volume is equal to what used to be a weeks worth of volume.
STAR GAZER
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Stock is now at .115 and will soon go much much higher. Years ago Canada passed a law that said that companies were not allowed to develop new uranium deposits. At that time a large uranium deposit had been found that also contained precious and base metals. When the law was passed the company that owned the lease let it lapse. Since then the law has been resinded, but no one restaked the property until now when IRNG obtained it. They are going to redrill it to see what is there and then develop it. This is in addition to the property that they already have. A report on IRNG was just released byHowlett Research Report. http://www.internationalranger.com/howlett.pdf
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