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Deep Yellow Ord Shs DYLLF

Deep Yellow Limited is an Australia-based advanced uranium exploration and development company in Namibia and Australia. Its projects include Namibian project portfolio comprises of Tumas Project, Omahola Projects, Nova joint venture (JV) Project, Yellow Dune JV Project, Mulga Rock Project, and Alligator River Project. The Tumas Project comprises of a series of palaeochannel/calcrete-type uranium deposits. Omahola Project is located within the prospective Alaskite Alley corridor, within which uranium deposits, including Rossing, Husab, Etango and Valencia are located. The Nova joint venture (JV) Project includes two exclusive prospecting licenses (EPL) prospective for both basement and palaeochannel-type uranium mineralization. The Yellow Dune JV comprises one mineral deposit retention license (MDRL) covering a drilled-out uranium resource of the palaeochannel/calcrete-type at Aussinanis. The Mulga Rock consists of two separate mining areas over a total length of 30 kilometers.


OTCQX:DYLLF - Post by User

Bullboard Posts
Comment by JonathanUKon Feb 04, 2017 3:23pm
110 Views
Post# 25800130

RE:RE:10% also held by Collines Investments Ltd.

RE:RE:10% also held by Collines Investments Ltd.Hi mate,

Thank you very much!

I saw their interview where they said they didn't expect to do much until around 2019, which I guess has held the shares down. I'm in 300,000 shares and that's me done now. I don't normally go this deep into Uranium penny stock, but good management and investors. 

They are meant to consolidate and we might see more investment in it at that point.

It is definately a long hold. 

Uranium prices are looking like they will creep up over the next few years which should help.

They certainly are not talking up the shares, but it seems like a solid long play. 

I'm in 10 more Uranium stocks, but less shares.

This is the only one that hasn't moved at all.

I'm in at 0.023, so I don't see it going anywhere but up from here.

Good article on Uranium:

https://seekingalpha.com/article/4042102-value-investing-uranium

Rick Rule, Sprott, and ex Paladin founder certainly gives me the confidence to hold for the next 6 months and see what happens.


Bullboard Posts