RAMPART VENTURES LIMITED:Volume?
Thursday, October 5, 2006 at 10:29AM
Uranium Stocks in Uranium Mining Stocks
We have had some interesting mail regarding Rampart recently so we thought that we would take another peek.

Firstly our opinion on uranium remains the same, the fundamentals have not changed and in fact we believe that they improve on a daily basis. The uranium price activity clearly demonstrates that this is the case. Our challenge is to find a way to capitalise on these price movements. At uranium stocks we have chosen to invest our money into those companies that fit our criteria of being well managed etc, as we have discussed in earlier articles.

As for Rampart which is on our watch list we know that they have put out some good news lately. We also know that they have been adding heavy weights to their management team. This all bodes very well indeed for the future. However we have also been keeping a close eye on this stocks price activity especially the volume. The following chart which shows the date, Closing price, high and low price is taken directly from the TSX:

0.250 0.265 0.250 91,000
Oct 03 0.260 0.270 0.260 25,000
Oct 02 0.270 0.285 0.270 32,000
Sep 29 0.280 0.300 0.270 134,000
Sep 28 0.290 0.300 0.280 224,000
Sep 27 0.280 0.305 0.280 471,000
Sep 26 0.270 0.280 0.240 142,500
Sep 25 0.230 0.265 0.230 65,000
Sep 22 0.240 0.260 0.225 52,000
Sep 21 0.260 0.290 0.260 63,500
Sep 20 0.285 0.285 0.240 129,500
Sep 19 0.260 0.295 0.260 25,000
Sep 18 0.295 0.295 0.295 0
Sep 15 0.295 0.295 0.265 29,300
Sep 14 0.270 0.300 0.270 181,500
Sep 13 0.285 0.300 0.270 159,500
Sep 12 0.300 0.300 0.280 27,000
Sep 11 0.285 0.300 0.285 63,250
Sep 08 0.285 0.290 0.275 98,000
Sep 07 0.300 0.310 0.275 68,200
Sep 06 0.290 0.290 0.285 13,000
Sep 05 0.290 0.300 0.290 23,833
Sep 04 0.275 0.275 0.275 0
Sep 01 0.275 0.290 0.275 40,000
Aug 31 0.280 0.280 0.270 41,500
Aug 30 0.265 0.280 0.265 112,000
Aug 29 0.280 0.280 0.270 145,500
Aug 28 0.280 0.290 0.280 69,000
Aug 25 0.300 0.300 0.290 90,000
Aug 24 0.290 0.300 0.290 176,000

We can see that the stock price recently hit a high of $0.305 on the 27th September 2006. The volume that day was 471,000 shares traded, its highest volume for some time. Had the volume continued to increase then maybe we would have had something to get excited about, however it did not remain at this level and has since fallen significantly. On the 3rd October 2006 it traded only 25,000 shares and the stock price closed at $0.260.

We can glean from this that on a slow trading day an individual investor could drive Ramparts price up or down without needing mega amounts of cash.

Rampart in our view is the sort of uranium stock that you must be prepared to purchase and put at the back of the draw for a year or two. Don’t watch it every day it will drive you potty. However, if your aversion to risk is on the high side you could invest now before the herd and who knows you might hit it big time.

We are not buyers at this juncture but we will wait patiently and watch and assess the companies’ developments as we go forward.

If it is a favourite of yours and your gut feel says GO! Then it is up to you to follow those instincts or not.

Good Luck.

05 October 2006
Article originally appeared on Uranium Stocks (http://www.uranium-stocks.net/).
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