EUROPEAN URANIUM RESOURCES LTD V.EUU

Lights May Be Going Out

[Wisdomwithage]

Hey Mates,

Today more than 18M traded.  Not a good sign! I suspect the $500,000 recently received will quickly be distributed as "salaries", and then, well, you fill in the rest.

I guess we can't win them all.This was a big disappointment.  I made great money on Tournigan, but sure made a mistake thinking lightning could strike twice.  Live and learn.

Cheers,

Brit

[deleuze68]

Actually this was a very good sign. Pinetree in a liquidity crunch sold out their position. With them out of the way this will start moving up easily.

[wintersun10]

whoever got out, at least got something, i mean there is no feasible plan for this company to achieve anything.....

[deleuze68]

You can always sell tomorrow for a penny and get out yourself. Selling at the 52 week low and below cash value is usually not the wisest move though. I have another 500k on the bid that wasn't filled today. As for not having a plan, this is just false. Forte will be spending 350k a year for 10 years on their property. Sounds like a good plan to me in a depressed junior environment.

[wintersun10]

OK, i'll be back in 10 years then, provided they'll make it.............

[superman4444]

This post has been removed in accordance with Community Policy

[burtyburty]

Pinetree should almost be finished selling.  I believe they had about 5.5 million shares, and have just about sold that much. We have Forte energy who will be spending 3.5 million $ on our property to earn a 50% interest , and EUU is 1 cent?  Apparently we could have one of the best graphite properties in Europe. As far as I'm concerned once Pinetree is gone EUU should recover