3SOF

this is what I see...and so it goes on the watchlist  8)
even if nothin occurs it will be an interesting study...

movin  ;)

Look at the volume at this time of day!   :o

I'll try a small handfull  ;D

Anyone else?

Cheers!

I thought you would like this cumulina  ;) alternative energy

I'm with you on this one, Elite. A pure speculative play but the upside is astronomical. I'll try to post the FA alittle later in the day. All the best.
Irish

thx Irishman, I definately would like to hear the FA.  I have already doubled my position in this play.  I see lots of potential in the TA.

is this a good entry point in your opinion? (0.25 I mean)

thats where a part of my shares were bought at  :) so thats a yes

thanks Elite, filled at 0.252 just a minute back.

good luck !

thx, goodluck 2 all of us in this one  :D  saw an order @ 0.252 and I was like thats vic, lol.  Nice way to play it and you're up already  ;)

thx..and oh! before I forget....this baord is the best damn board on the land...

Kudos to Ramsburg, Elite, Jesse, and others that contribute selflessly to this board.

Regards,
Vic'

Hi EliteG,

I think this is another great pick! I'm getting used to ;)
The chart is unbelievable from a technical point of view, short term bullish trend, with increasing volume, and a first breakout (today). I think it will be very easy to break the next level ($0.30), and that should be a major breakout, which means the development of a new mid-term trend, based on high volume buying power.
That's a bullish chart, but with no great euphoria yet, which means that till now that's not a speculative move yet... but it could start to be from now on, or after the $0.30 resistance is breached ;)  >:D

About the company, it's inside a very hot sector, and it seams like a very good project, take a look at their website: http://www.novastarresources.com/

Well... I had to buy some for my penny portfolio... bought @ $0.26 a little position, and if we see a confirmation, I'll buy a few more above $0.30.

Go NVAS !!!  ;)

Best regards !

A short rundown on NVAS-
5/9 Custom Branded Networks (CBNK) acquires significant Uranium and Thorium property in Northern Australia
5/9 CBNK announces name and symbol change to Novastar (NVAS)
5/11  Drill log for Australian property shows VAST reserves of Thorium
5/16  Name Rubenstein PR as their PR and Investor Relations firm
5/19 Name Alex Weiss, founder of Weiss Precision which manufacturers components for the Dept. of Defense and Dept. of Energy to Board of Advisors
6/7 Met with Indian Energy officials to discuss possible deals.
6/23 Began lobbying members of Congress on the advantages of Thorium.
Why is all this so significant?    Because Thorium has been proven in test after scientific test to be more efficient and less harmful than Uranium and its byproduct Plutonium in fueling Nuclear Reactors. It provides far less radioactivity and virtually no weapons grade material as plutonium does. Novastar believes that a huge market utilizing Thorium based nuclear fuels is rapidly developing around the world and India is the first to show significant interest
and I would not be surprised if a deal with that country were not forthcoming in the not too distant future.
Novastar seems to be making all the right moves as indicated above. This may be a short termer, I don't know. We would have to check with Elite or some of the other TA's for that
But from an FA's point of view , this company has a very bright future in the medium/longer term and I bought with that in mind. All the best.
Irish

 
 

Hi Irishman,

Thanks for your input ! (applaud)

Thats it ;) A lot of growing potential on a brand new market ;)

Thx Irishman and Ramsburg for the added analysis.  This is teamwork  ;D 

I am having trouble not getting excited about this one.  I like the chemistry behind it.  The base that it would break out of if it crosses .300 is just great for explosive gains.  Lets see what this baby's got.  8) 

ok.. I joined the fray.. didn't want to get left behind for the ride-  I'm in at .26

I m in too

Been watching for weeks.

I am now in. 

Applaud eliteg  :)

I had NVAS on my watch list for a while, I think Throium is the future, Uranium is not a long term commodity, and it's only being used on the last 50 years as a provisory solution.
This company seems to have everything on the right place, their strategy looks right, and by some reason the chart it's a screaming BUY.  :o

I'm in, for the long run !

In at .27 too.  Lets see if I am too late. 

Nice close  ;)
A classic big white candle... with a top record high volume in this chart history...

I was looking at the chart on this stock and noticed that it has a pattern of a falling wedge, than moves back up to a higher wedge formation.  It will be interesting to see if it follows the pattern of breaks from it.  I didn't get in today, perhaps on consolidation - new wedge.

exactly, and it is this wedge pattern that I believe we broke out from today, on substantially higher volume.

Quote from: saffeysite1 on July 05, 2005, 04:14:18 PM
I was looking at the chart on this stock and noticed that it has a pattern of a falling wedge, than moves back up to a higher wedge formation.  It will be interesting to see if it follows the pattern of breaks from it.  I didn't get in today, perhaps on consolidation - new wedge.

I think you meant «rising wedge»  ;)
I'm paying more attention to the ascending triangle (excluding high values noise), or in other words is the range (0.08/0.21) breakout, the short term projection could be something like $0.34... but to be honest, I'm looking at much higher figures on this one...

edit(to elaborate)

No target on this one because of the volume participation history of the stock.  I'll get a long-term chart to show this.

But first this chart:

Sorry.  Meant rising wedge. 
:-\
Tks
Rams.

What a nice little stock!    ;)

EliteG : thank you very much.

How hard vil it be  - I wonder - for it to break trough the resistance?
With the volume today, it should slice trough it like a hot knife tru butter?

Actually I want it to pull back a bit, in order to buy a bit more  ;D

Applause!

Cheers.

sorry another big chart but I think its important to see  :D

Thanks eliteg,

I believe we may be watching a future 5 bagger here. And if we look forward to long term, maybe more, much much more.

excellent analysis as always  :)

wonder what happened between 2001 and now, to bring this stock down by so much....was it poor fundamentals, or just losing interest in thorium?

in any case, this is a stock to beat.

Good pick elite [applaud]

Quote from: stocky on July 05, 2005, 05:09:04 PM
Good pick elite [applaud]

thx stocky and fellow traders  ;D ;D
Now lets make some...no forget some...a ton of the green stuff.  >:D >:D

As I have just told you, EliteG........I'm In !
APPLAUD THIS PICK AND THIS STOCK TRADER!!!

The "Wizard"strikes again!!!!!!!

I was out for the day, and missed this  :(
I'll buy it tomorrow if I can, looks like a rocket ! thanks elitg, must applaud you again  :)

From otcstockexchange.com Mid-Day Stock Alert today:

Novastar Resources Ltd. a significant global supplier of Thorium and related rare earth compounds, has announced plans to initiate a strategic lobbying campaign to educate United States government officials about the significant social, environmental and energy benefits of Thorium utilization. In recent weeks, Novastar executives have presented to several Congressman in Washington, DC. Additional meetings with key U.S. Representatives have been scheduled.

Lobbying efforts are essential to successfully positioning Novastar Resources, because raising public awareness is crucial in realizing the environmental and social benefits of Thorium compounds in the United States. The Company's strategy to position itself as a major global supplier of Thorium compounds will come as a result of the awareness of Thorium's numerous advantages. Additionally, Novastar Resources is actively seeking alliances with leading government relations firms in an effort to more effectively lobby to the United States Congress and other government officials.

"The benefits of Thorium use, as an alternative energy, are obvious, although the United States public remains largely unaware of Thorium as a potential alternative to Uranium based fuels," said Paul Carter, CEO, Novastar Resources. "Our company believes that successfully lobbying the United States government can facilitate U.S. awareness, support and ultimately, demand for Thorium, as we continue to both develop the Australian property and consider new acquisitions."

The Thorium-Cycle can effectively and efficiently power electricity generating nuclear reactors, while greatly limiting the production of weapons grade Plutonium (Pu 239) along with other toxic transuranic waste bi-products. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of nuclear energy.

wow thanks a lot for the thorough analysis eliteG !
out in the afternoon and missed the boat. is it still a good buy at open if it doesnt gap up? or buy at pullback?

Thanks!

Quote from: eagerlearner on July 05, 2005, 11:46:03 PM
wow thanks a lot for the thorough analysis eliteG !
out in the afternoon and missed the boat. is it still a good buy at open if it doesnt gap up? or buy at pullback?

Thanks!

eager, hey I definately feel strongly about this pick.  I have to answer you with a concept David spoke about.  If you have done your analysis and you have decided to buy a stock, you BUY that stock no hesitation(unless huge gap and sometimes even then).  You need YOUR POSITION and you may not have a chance for a pullback.

David and other traders can only say this because risk management is built into every trade.  All the analysis in the world won't make you money if you dont use risk management.  The market is the only 1 right 100%.   >:D

Lets rock  :o 8)

Elite, I am posting a picture of NVAS chart, for my learning purpose! If one looks at the indicators, Wm%, CCI and StochRSI; all of them are increasing sharply. Of course this is in addition to ur basic premise of consolidating and sharply rising on high volume. Can I then conclude, given the basic premise, when all the indicators i.e CCI, Wm% and StochRSI are sharply increasing then one can be positive about the PPS increase. I cannot take a position (as my monies are tied up). But I will as soon as I can find some! TIA

starfire, you are getting into a trap I once got in.  Let the indicator analysis go unless you can truly make it secondary.  You must focus on the thing that makes/takes your money..Price and Volume.

I always remember this line:

To gain knowledge, add things everyday
To gain wisdom, remove things everyday

and it means to me:
you can learn things that are unneeded
to truly be wise you must filter through the noise to the essential.

eliteG, i am very very grateful that you are here. its just incredible that you try to answer every question we throw to you to satisfaction. the knowledge and wisdom u are giving is priceless.
i have to thank you and applaud you once again.  :D  :D
after some DD i have decided to move some money from WWAT (another alternative energy thats NOT moving at all) to NVAS. hope i can get a comfortable entry point tomorrow morning.

cheers!

EliteG!

Wow!  I am going to put that advice on my desktop!!  Is that in your book?  So many posts yesterday, I didn't want to clutter the board, but that interview was great!  I'd like to buy a copy of your book, too!  I'll send it to my son who has failed at most of his trades, and still tries!  Thanks for NAVR!!  I got in at .255 yesterday.

Happy trading!

you know it'd be easier if these guys went straight up!  >:(
this one needs to find support soon or the breakout will become a fakeout.
we may just find this ends up being a good place to pick up shares too, the day is young.
This is what the market is all about eh?
Come on NVAS!  8)

Today is about picking up shares.  I got in at my [email protected].   I watched it all morning and it bounced from there. 

I just picked 2,800 more shares off at .225 I think it will turn out to be the right move, but only time will tell

I confess that I was not expecting a pullback today... It sucks...But technically speaking, it's completely normal, and it may be good for the further development of this chart pattern.

As you can see on my yesterday chart (http://www.3stocksonfire.org/trading/index.php?topic=1218.msg7074#msg7074), the 0.21/0.22 price level was the earlier resistance, the breakout zone, and it should act as a support level now.

I've bought some more now @ .225 , the chart only start to get scary bellow the 0.19 level...

Good luck with NVAS, personally I don't like it so much. I think it will retrace some. Everytime it spikes the top of the bollinger bands it comes back, more recently the retracements are shallower though so that is a positive. If I were to buy I would be looking $0.20 / $0.18.
Good luck and hope I am wrong ;)

What do you think is the potential for this one (do you have any exiting target ?)
                                    thank you in advance

Doubled my position at .235

Quote from: eliteG on July 06, 2005, 12:45:50 AM
starfire, you are getting into a trap I once got in.  Let the indicator analysis go unless you can truly make it secondary.  You must focus on the thing that makes/takes your money..Price and Volume.

I always remember this line:

To gain knowledge, add things everyday
To gain wisdom, remove things everyday

and it means to me:
you can learn things that are unneeded
to truly be wise you must filter through the noise to the essential.

Elite,
Thank you very much for the feedback. That makes it easier! I guess Price&Volume dictate Supply/Demand.

What I like today is that the volume did not quiet down to nothing.  People are definately interested in this stock and they are supporting it :).  So I have added to my already sizable position cause I can't help it I really like this play  ;D  I'm heading out of the office.  Go NVAS :o :o :o 

Got a bit more today.

Average 0.246

Cheers!

i'm in at 23, this stock will move tomorrow

i got in near the high of the day of course...at .28, but everyone sounds so positive on this stock that even that price should still be good provided all goes the way it is expected..right?

does  anyone know if it will move higher soon...any guess on how high?

thanks...glad to be in.

good luck all!

julia

New out at 1:30 on NVAS

http://thesubway.com/thenews.asp

hope this link works

thanks,

julia

 :) I thought I'd share this with you:

Statement of Paul Carter, CEO, Novastar Resources in Response to International Atomic Energy Agency (IAEA) Recommendation on the Exploration and Prospecting of Thorium Minerals
07/06/2005 13:30
The following is a statement from Paul Carter, CEO, Novastar Resources, Ltd. (OTCBB: NVAS) regarding the May 2005 IAEA report "Thorium fuel cycle - Potential benefits and challenges," which recommends both the exploration and prospecting of Thorium Minerals to enhance global supplies:

"We are very pleased and encouraged to learn that such an honorable and well respected organization as the IAEA has found the benefits of Thorium as a safe nuclear fuel great enough to warrant a recommendation for the acquisition of Thorium mineral properties around the world. We have known of these benefits for some time now and they are the driving force behind Novastar's business model. As a result of the IAEA's recommendations and support, Novastar will continue to aggressively pursue economically viable Thorium properties and stockpiles. The company has established a corporate goal to position itself as a significant global supplier of Thorium compounds in anticipation of increased global demand, as governments around the world consider the incalculable environmental and economic benefits of Thorium utilization."

The report cites the numerous environmental and social benefits derived from using the Thorium fuel cycle to generate nuclear power. The IAEA noted that despite the fact that Thorium is more abundant in nature, global stockpiled Uranium reserves are three times greater than Thorium reserves. As a result, the International Atomic Energy Agency officially recommended that activities on exploration and prospecting of thorium minerals need to be augmented all over the world (p. 90, (i) Recommendations).

The full IAEA report, can be accessed via the web at:

http://www-pub.iaea.org/MTCD/publications/PDF/TE_1450_web.pdf

Furthermore, the Thorium-Cycle can effectively and efficiently power electricity generating nuclear reactors, while greatly limiting the production of weapons grade Plutonium (Pu 239) along with other toxic transuranic waste bi-products. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of nuclear energy.

About Novastar Resources

Novastar Resources, Ltd., is a global supplier of commercial grade Thorium compounds and rare earth elements. Thorium is a naturally occurring nuclear energy source more efficient and far less radioactive than Uranium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Additional information is available on the company's website at www.novastarresources.com.

Cheers!

hmmm..isn't todays news positive?  why the drop in price after it came out? 
Is this still looking normal?

appreciate any feedback. ;D

thanks very much,

julia

Same question here.  I am in at .235............but this is continuing to fall.  :(

I am not sure why the drop in price, This does not seem like a healthy pullback to me.

It's strange... and it's hard  :(
But sometimes the market works like that...

From a TA point of view, a pullback is normal, the .21/.22 price level should work has a support, .18/.19 is another support...

I'm holding this one... it would not be the first time to watch a pullback like this before another big white candle...

can someone answer this for me?

if the BID on a stock is "x" and the ASK is "y", and I'm putting in a sell order for less than "x", but not getting filled, what could that mean??

thanks!

It means you are screwing the rest of our profits! lol .    Probably that their are others in line before you.

".......global stockpiled Uranium reserves are three times greater than Thorium reserves..............."

I believe people think that Uranium will be consumed (as they are readily usable) and as such Thorium's time has yet to come of vogue! I think people misundertstood the statement. A correction could come tomorrow if a PR states taht a certain reactor is alreday using Thorium!!!! JMO

then why doesn't the BID reflect that? why would it show higher than the lowest price one is willing to sell (in this case, my price)...and the stranger thing was, a buy order got filled at at the ASK at the ASK at the same time I put my 'lower then bid' sell order !!

thx.

were they talking about U-238 or U-235 when they said "uranium reserves", if it was U-238, it would not mean squat as it ain;t usable in that form...gotta be refined to U-235 to be used in reactors as fuel...

That was an ugly ugly move today...even with the good news...hmmm  :-\

Lets see if it can bounce right back and over tomorrow.  There was lots of volume these past 2 days.  The 2 highest in the company's history.  I am holding my whole position.  The chart still looks good to me.  8)

Come on!  Big day tomorrow NVAS  ;D

vic666 - thats the thing about pennies, order routing is not an exact science in the OTCBB world.

I think the move today was helped by the fact that 0.30 was such strong resistance...usually after a long white candle like yesterdays', stocks gap up in the morning...but 0.30 being such big resistance, we did not see that today, may be that was the earliest hint about a down day today, anyways, just looking back and speculating...

thats correct, we technically still have higher highs and higher lows today....let's see what tomorrow brings...I was gonna add more today but decided to wait.

man-o-man, if only we break 0.30, we will fly high!

It sure is hard to know when to buy.  Here I thought it would open over .30 today and that I may have to chase it up.

It's amazing how erratic stocks can act at times.
I am really hoping that we get back in the mid-upper .20's tomorrow.  For my sanity, if not for the money  :P

I think people want to get in, so It dropped to the 20/50MA.  Where a lot of traders want to get in.  But It never crossed below.  I think we arel in good shape.  Market was down  today, so that also attributes to todays sentiment.

the reason the stock dropped today was that i bought. it started to drop within a millisec
  sorry guys         It has happened to me so much that it has become part of my trading  strategy 

sorry dickfromalberta, but once again i think i have that effect on stock...i bought it at .28, then exactly samething happened...dropped like a stone.

well...lets hope for the best today....good luck to everyone!

julia ;D

its gotta be the canadians  ;)  this stock has so much potential in my opinion.  I may decide to leave a bit in as my longterm penny pick.  Of course if it decided to run 10-30 bags today I would be ok with that too  ;D 

come on thorium!

Ha Ha Eliteg...you know i was actually going to say maybe its some kind of weird canadian effect...but, thought if i say it..i might make it true...so, lets hope that by u mentioning it somehow you will reverse the effect...come on voodoo doctor eliteg,work ur magic...make it all good for us ;D

good luck guys,

julia

you know I wish I could Julia  :)  Mixing up some magic.  If we dont make it on this one, we will somewhere else  8)  especially with all the talent assembled on this site.

Is anyone seeing 0 volume with NVAS today?

Quote from: Loffigus on July 07, 2005, 09:33:25 AM
Is anyone seeing 0 volume with NVAS today?

No trades shown yet.

its quite normal to show 0 volume for a while.  Some stocks open later...i figure the MMs were out partying late on the money they made from us here and woke up late(bastards :-X)... and now we are open and going up...nice

Down slightly on very light volume so far.

Perhaps today will be the calm before the storm.   >:D  Tomorrow record volume as it passes $2.  I'm callin it, let the record show lol  ;) ;D

This zone is a technical support level... let's wait and see...

I just bought 2,750 more shares at .22 to make it an even 10k shares.... Seems the selling pressure is gone, now we just need to find some buyers again and I can understand why they would be leary after yesterdays pull back

I'm thinking of buying 10K shares...but can't seem to decide between this and FCCN

any suggestions?

Quote from: vic666 on July 07, 2005, 12:29:30 PM
I'm thinking of buying 10K shares...but can't seem to decide between this and FCCN

any suggestions?

They are completely different stocks ;)
The only thing in common is that both are high risk stocks, but with huge potential ;)

Volumn is quite low today to start off

NVAS did not want to go up today.  :-X Perhaps it is waiting for next week?  >:D  It is at support and although I like this play long-term...a lot... I may have to let it go if it closes beneath next week.  Either this play is too early or non-existant.  What do you guys think?  Depressing so far.  I know we all didn't create 4million volume on 7/5.  Go to your local store and pick up some Thorium!  :D lol  Have a good weekend everybody.  ;D

I think this has had its run from .20 to .30. The comments by the CEO the other day should have been the sign that all he was trying to do was keep the stock price up, but the market is too smart for his PR bullshit. I think there may be something here long-term, but for the short term, I would bail because I don't feel there is anything behind the movement.

I'm gonna give it another week with my shares also.. hasn't broke all the way down yet, but it will quickly fall apart if the stock doesen't get some buyers interested soon.. We need some up days on Monday and Tuesday.. Liquidity in this stock doesen't seem very good on its bad days

What price specifically are you out on this one Elite.  Thanks in advance for your opinion.  .17 is my tolerance level. 

right now my avg in is around .24, so that sounds about right for an out...maybe a lil lower.

I''m thinkin there is a chance this may hang around, weak hands have been shaken, and us we've been stirred ;), but if we can just get some momo  :o....daddy wants a new pair of shoes  >:D

Ditto on the avg.  Thanks as always.  Good luck on your new project.  Don't forget the little people when you succeed.

Very slow today with this one.
Be nice for a pop back to $.30, but it looks like we are going to take the slow road.

it seems pretty clear that we have seen the bottom on this one, at 0.185.

wondering if this will make a move like FCCN, and trend back up in solid fashion.

Any life left in this one ?  No buyers or sellers.

I'm staying put.  I feel like the captain of this ship but I have a very good feeling about this type pattern.  The next bit volume day is what I will await.  This may take a while of course.

I'm still in too. It didnt go down that much so I figure just sit here and watch maybe something good will happend don't want to miss that  ;D

Ok, me too.  Will hang in a little longer.

hello,
im still in but getting a little worried...i bought at .28!

Eliteg, how long do u think before it will move up again and do u think it will go beyond .30 soon?

my nerves are getting a little shattered lately as ALL my stocks are deep deep red right now.  Will hang on if there is potential.
Help. :)

good luck everyone,

julia

i got in at 0.24, ended up selling at 0.195 some time back...disappointed...but not too bad.

Quote from: gmarc66 on July 12, 2005, 10:19:58 AM

Eliteg, how long do u think before it will move up again and do u think it will go beyond .30 soon?

Well we have the 50day mvg avg round .16 and 200 round .15  and they just crossed positively(50 above 200 so I'm looking for it to bounce soon or we gotta move on.

Thanks for your response Eliteg.

Well, i guess i will hold on for another day then.

Have u looked at how IDVL is moving today?

thanks very much,

good luck to all of us!

julia

Julia...I took the opportunity to buy a bit more  ;)


I really don't want this to turn into a loss, and hoping for it to head on up soon.


Cheers.

Cumulina! You are a brave one!!

Well, i like your unshakeable hope...lets hope it starts to move for us.

good luck!!!!

julia ;D

I sold most at the open.

Probably will rebound. 

Very low volume.

Do not want to wait around to see with so many others out there.

Good Luck.

Volume has completely dried up so the fact that prices have stablizied are extremely bullish to me.. plenty of support here so no use selling at these levels..  I feel very comfortable having my money parked here for awhile or however long it takes...

After all this isn't one of those flash in the pan penny pump plays, this is the real thing so it will take time

I will stay until the captain jumps off the ship.  Not been a good day at the office today.  Elite, do you like this well enough to break rules and load up if it goes to 15-16 instead of going overboard?  Oh my goodness, an uptick as we speak.  I about fell over.

yea i hear ya oicpecnoc... not sure...lets do 1 day at a time.  We need some PR but I think they want this low for some senators to buy in...I swear we're gonna find out we are all early in this play but time is money.... >:(

Is this thing alive, no volume?? Is everybody out?

I think we are going to have to have patience on this one...at least I will...not looking at it intra-day.  6000 shares brought it up 10% maybe this is a sign that there is no supply?  :)
come on NVAS

Still in here.  

News out.

Novastar Resources In Negotiations to Acquire Interest in Second Australian Thorium Property
Wednesday July 13, 12:45 pm ET


NEW YORK--(BUSINESS WIRE)--July 13, 2005--Novastar Resources Ltd. (OTCBB: NVAS - News) has announced that it is in negotiations to acquire an interest in a second Thorium property in Australia. In April of this year, Novastar Resources acquired its first Thorium property in Queensland, Australia.
Negotiations for the second property commenced two weeks ago as Novastar is committed to pursuing the acquisition of both domestic and international Thorium stockpiles and in-ground reserves. Consummation of any final agreement is subject to positive feasibility and drilling reports. The Company has also noticed a significant increase in Thorium mining activity within Australia.

As part of Novastar's overall business strategy, the Company has prioritized the positioning of itself as a major global supplier of Thorium compounds. The company anticipates a surge in international demand, for Thorium, as world governments learn about the economic, environmental and social benefits of Thorium utilization. In addition Novastar Resources is focusing on strategic partnerships with United States based companies, as a means of generating national interest in Thorium based solutions.

Paul Carter, President of Novastar Resources, stated "Novastar is actively seeking to secure interests in as many econimically feasible Thorium properties as possible. Novastar will continue to invest in the future of alternative energy, through future acquisitions in the space"

There is increasing interest in utilizing Thorium as a nuclear fuel because Thorium is a more efficient nuclear fuel and far less radioactive than Uranium. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of nuclear energy.

About Novastar Resources

Novastar Resources, Ltd. is a publicly traded company within the commercial mining sector and is a significant commercial mining source of Thorium, a naturally occurring nuclear energy more efficient and far less radioactive than Uranium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.

Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

thx for the news! (applaud) if only that translated to big $  >:D  still I love the action on NVAS today.  lets see if we can crack 0.2000

im still holding too...need it to hit .3 just to break...so here i wait! ;D

good luck!

julia

More news :

Thorium Power CEO Takes Seat on Novastar Resources Board
07/14/2005 10:30
Novastar Resources (OTCBB: NVAS) a significant global supplier of Thorium, a naturally occurring nuclear energy source, today announced that Seth Grae, President and CEO, Thorium Power, Inc., a privately-held Washington, DC area-based company that develops and deploys nuclear fuel designs developed to stop the production of weapons suitable plutonium and eliminate existing plutonium stockpiles, has been appointed to Novastar's Board of Advisors.

In addition to leveraging existing energy industry and government relationships, Mr. Grae will work with Novastar's executive team to effectively structure and implement a wide range of international business transactions in the areas of nuclear non-proliferation and energy generation.

"We are delighted to have Seth join our board," said Paul Carter, CEO, Novastar Resources. "He has a number of years of nuclear industry experience under his belt and is highly regarded as an innovator and savvy business leader. His skills, expertise and leadership will benefit us greatly."

Mr. Grae joined Thorium Power in 1992 and has held various executive positions with the company. He has set and implemented the company's strategy and led the company's efforts in structuring relationships with major companies, government agencies, universities, laboratories, and international organizations in several countries. Mr. Grae holds a B.A. Cum Laude in Economics from Brandeis University, a J.D. from American University, an LL.M. with Honors in International Law from Georgetown University, and an MBA from Georgetown University.

Over the last 30 years there has been increasing interest in utilizing Thorium as a nuclear fuel because Thorium is a more efficient nuclear fuel than Uranium. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. The thorium fuel cycle holds considerable potential long-term. It is a key factor in the sustainability of nuclear energy.

About Novastar Resources

Novastar Resources, Ltd. is a publicly traded company within the commercial mining sector and is a significant commercial mining source of Thorium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.

Could this push things a bit, perhaps?

;)

All I know is that lately, every stock I pick I end up immediately losing 10-25% on it, usually the same day if not a couple days later.  It is getting very annoying. >:(

man that hurts  :'(..falling with every news piece..hate that  >:(... i'm thinkin this became a longer term play and I promised myself it wouldn't happen.  What do you guys think?

I dumped all of mine last week at .195. I said that the PR announcement from the CEO was bullshit and these latest announcements are the same. Cut your losses and dump it. Buy some MYNG, much more promising in my opinion.

I am out at $.161
That hurt big time lost -39%
Oh well, gotta move on.

well..hoping not to have to take another loss..is there any possibility this will still move evenutally, say past .025 at least....cause if that's so..then i would just rather hold until it gets there? any speculations?

thanks very much,

julia

You cannot think like that, you must sell, take your losses and buy something else. If you wait around for stocks to rebound, you will grow old doing.

anthony420...I really do like the idea of the company.

I hope it'll come back up again.

I know that it's not right - seen from the perspective of a trader, so maybe I'll just have to mark this one "Investment".

Yes!
Investing in the future  ;D

I'll hang on for a while longer.

Dang, I leave for the day and this is how the stock acts :'(.. If I wasn't already holding a boatload I would certainly buy more at these levels so I certainly won't sell..

soooooooo much change in volume in the last 10 months. Something is up elite,,, if you have a dime , i would say its worth the rhyme. mho. Im buying some later in the day,, friday and all ,  i have like a dollar floating around. Just kidding

I just couldn't stand the pain anymore of no action and just sold 7,000 shares at .162 kept 3,000 shares for fun.. Only lost 30% so I guess it could of been worse.. Will be no problem to make it up elsewhere though

man I was really pumped about this play...I know everyone trades with their own responsibility but I brought this one up and I feel bad :(.  I have learned something from this one...

.. it made me finish up the g-pattern work and I hope to recommend one we will make it up on...

:o >:D ;D

it's ok elite. we love ya  ;) .enuf said.
are u still in this one?

thanks.

Yeah you've done some great work on formulating the G pattern..  Looks like an extremely solid way to profit off these pennies and not get hurt too bad either..

I believe NVAS fell into meeting the specifications of the G pattern as well.. it would of been one of the rare failures of the G pattern

Quote from: eagerlearner on July 18, 2005, 11:51:15 AM
it's ok elite. we love ya ;) .enuf said.
are u still in this one?

thanks.

thx eager, I closed all my position Friday except for ADDI...yea NVAS was a wallup but ADDI...well thats how we do it  ;)

Quote from: TRUNK on July 18, 2005, 11:55:22 AM
Yeah you've done some great work on formulating the G pattern..  Looks like an extremely solid way to profit off these pennies and not get hurt too bad either..

I believe NVAS fell into meeting the specifications of the G pattern as well.. it would of been one of the rare failures of the G pattern

you are right...I have to see if it is a failure or should I adapt the criteria (applaud) thx for bring that up Trunk :)

Quote from: saffeysite1 on July 05, 2005, 04:14:18 PM
I was looking at the chart on this stock and noticed that it has a pattern of a falling wedge, than moves back up to a higher wedge formation.  It will be interesting to see if it follows the pattern of breaks from it.  I didn't get in today, perhaps on consolidation - new wedge.


I believe this stock is acting in accordance to its cyclical nature and I will be suprised if I don't see it move some time this week ;D

I bought in on the pullback, and still holding.

It's starting to reverse direction today ;D

Quote from: TRUNK on July 18, 2005, 11:55:22 AM
Yeah you've done some great work on formulating the G pattern..  Looks like an extremely solid way to profit off these pennies and not get hurt too bad either..

I believe NVAS fell into meeting the specifications of the G pattern as well.. it would of been one of the rare failures of the G pattern

I'm gonna go ahead and say it didn't meet all g-pattern requirements.  I bought it for other reasons of course but mannnnn if we only had the g-pattern on our side:

What happen? ???
Where was our G pattern? ???
And how did I miss the play on ADDI? FROM NOW ON I WOULD LIKE TO BE NOTIFIED OF SUCH THINGS! :D :D :D

It will all come out in the wash! ;) Good Trading to you! It's not the end of the world.

Looks like this one wants to turn north,
if we could get some more volume in here it may do just that.
Tomorrow may prove to be an interesting day.

 Would love to see it break and rise out of the mud.  Still holdin.

This one I broke the cardinal rule of averaging down and got buried.  I thought I was alone on this one.  Apparently not.  I am afraid even if we get a run that there will be many like myself just happy to get out, slowing the momo.  Hopefully larger forces will come to play with this one.  Maybe we will find out what was behind all the volume a short time back, and it will be good news.

8)
Well it's been a while...The indicators have turned north.
The volume was up...the price is up...RSI rising..
Closed above the 200-day MA...Just a hair below the 50-day MA
MACD is bullish
Support @ 0.13...0.11
Resistance @ 0.16...0.18...0.20...0.23...0.29


Headline News Link:
http://finance.yahoo.com/q/h?s=NVAS.OB

Hey Setravis,

If I bought this one again and it tanked I think I would have to go through some kind of electric shock therapy, so I will take the risk of staying out.  ;D

NVAS - the days we have all been waiting for.   A "W" had formed with the break in the neck line today.  Volume has moved up with price.  RSI turning very bullish.

Hopefully we all will be rewarded soon.

nice move today . if it pops past .24 resistance are we in for a good run. uranium stocks have been going north for a while

Nice move indeed ...with some volume to go along

The chart.....

Glad I held my little portion.  :D

Are there news? Or any other explanation for this move?

Cheers.

I, of course sold it at a loss a few ago :-\

goodluck Cumulina and Setravis..if ur holding ;D

julia

I held on to this bugger.  I knew that it had to run one day.  It took off the training wheels, now lets get it a V-8 to go.

CHeers!

   glad to see it took off today, only hope it keeps going, I have 2 conflicting closes
  though yahoo says .245, ameritrade says .215   WHICH IS IT

DFA..you're good..closed at .245.


Have a nice trip ;D

julia

Back to the upside today,
With nice volume.

I don't think this bit of news was posted.....


Press Release Source: Novastar Resources Ltd.


Novastar Resources Names General Ronald R. Fogleman to the Advisory Board
Tuesday September 27, 10:30 am ET


NEW YORK--(BUSINESS WIRE)--Sept. 27, 2005--Novastar Resources (OTCBB:NVAS - News) a commercial mining firm engaged in the exploration of Thorium and Rare Earth Metals today announced that, General Ronald R. Fogleman, Chairman and CEO of Durango Aerospace Incorporated, an international aviation consulting firm with a client list that includes Boeing, FMC, Northrop Grumman, Raytheon and RSL Electronics, among others, has been appointed to the Company's Board of Advisors.


General Fogleman will assist Novastar Resources, by providing introductions to key government officials and nuclear and defense industry executives, and by assisting with development of business strategies to raise the awareness of the benefits of Thorium as a proliferation-resistant and environmentally safe nuclear energy source.

"One of Novastar's key missions is to become the leading global supplier of Thorium to the nuclear energy industry; the addition of General Fogleman to our Board of Advisors adds a significant amount of understanding of the political, environmental and financial framework of the government and nuclear energy communities," said Paul Carter, CEO, Novastar Resources, Ltd.

General Ronald R. Fogleman retired from the USAF in September 1997 after thirty-four years of active commissioned service. On his final tour of duty General Fogleman served as the 15th Chief of Staff of the U.S. Air Force and a member of the Joint Chiefs of Staff. He currently sits on the board of directors for AAR Corp, Alliant Techsystems, First National Bank of Durango, IDC, Mesa Air Group, MITRE Corporation, Rolls-Royce North America, Thales-Raytheon Systems, and is Non-Executive Chairman of World Airways.

General Fogleman received his Bachelor's degree from the USAF Academy and a Master's degree in Military History and Political Science from Duke University.

Over the last 30 years there has been increasing interest in utilizing Thorium as a nuclear fuel because Thorium is a more efficient nuclear fuel and far less radioactive than Uranium. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of proliferation-resistant and environmentally-safe nuclear energy.

About Novastar Resources

Novastar Resources, Ltd. is a publicly traded company within the commercial mining sector and is a significant commercial mining source of Thorium, a naturally occurring metal that can be used to provide nuclear energy, which is more efficient and far less radioactive than Uranium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.

Has continued it's move to the upside! ;D
Looks better and better.
Support @ 0.23...0.20...0.18
Resistance @ 0.29
MACD is bullish

NOVASTAR RESOURCES (OTC BB:NVAS.OB) Delayed quote data 

Last Trade: 0.23
Trade Time: 1:20PM ET
Change:  0.03 (15.00%)
Prev Close: 0.20
Open: 0.20
Bid: 0.22 x 5000
Ask: 0.23 x 5000
1y Target Est: N/A

  Day's Range: 0.20 - 0.24
52wk Range: 0.11 - 0.31
Volume: 2,261,825
Avg Vol (3m): 609,753
Market Cap: 22.46M
P/E (ttm): N/A
EPS (ttm): -0.06
Div & Yield: N/A (N/A)



Press Release Source: Novastar Resources Ltd.


Novastar Resources Confirms Delisting from Berlin-Bremin Stock Exchange
Friday January 6, 10:10 am ET 
Effective January 07, 2006


NEW YORK--(BUSINESS WIRE)--Jan. 6, 2006--Novastar Resources Ltd. (OTCBB:NVAS - News) has today announced the delisting of its common shares from the Berlin-Bremin Stock Exchange of Germany (Effective 01/07/2006). In late August 2005, shares of Novastar Resources were listed on the abovementioned stock exchange without any knowledge or authorization from management. The Company has taken numerous steps to reverse this unapproved foreign listing and has finally succeeded.
 
Thousands of U.S. based companies have learned of the unauthorized listings of their shares on this same German stock exchange. It has been alleged by many companies, that such a listing is detrimental to shareholder value. Foreign securities regulations are different from those of the United States, therefore market activity illegal in the U.S. may be commonplace in Germany as well as other nations.

Commenting on the delisting Novastar Resources COO, Dr. Charles Merchant stated "We are very pleased to announce the successful delisting of Novastar Resources shares from this German exchange, after two months of persistent efforts. It is disturbing, though, that something of this nature can occur without any knowledge or approval by the Company."

About Novastar Resources Ltd.

Novastar Resources, Ltd. is a publicly traded company within the commercial mining sector and is a significant commercial mining source of Thorium, a naturally occurring metal that can be used to provide nuclear energy, with non-proliferation, waste, and economic advantages. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Further information is available on the company's website at www.novastarresources.com.

Safe Harbor Statement This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives and other forward looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects," or similar terms, variations of such terms or the negative of such terms. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

Novastar Resources Ltd. (OTC Bulletin Board:NVAS - News)

Contact:
Novastar Resources Ltd.
Dave DiRicco
Toll Free: 1-877-995-0992
www.novastarresources.com

--------------------------------------------------------------------------------
Source: Novastar Resources Ltd.

I dont know where its going from here, but I made some good money so far.  The technology seems very promising especially considering what is going on in the world right now.

good luck,

jb

 ;D
Good pick , thanks,jb
Put in watching list,
Any more info?

I've been watching it since you posted.  I wish I would'a.  Very cool.  8) Nice pick.  I think that it is possible that it could retrace to the .30, then right back up, could happen really quick and painless, if it did I would enter.  We should be looking for more of these German delistings of US stocks.  Seems to be very positive not to have somebody shorting you in another time zone.   Again, nice job.  Sick actually.  I'll fav this board

 ;D
Applaude!!!jb
NVAS is on fire!
Good pick!

Thanks everyone for the appluads on this one. 

Let me just say that I have only ever recommended 2 stocks here on 3sof, that being NNVC.PK, which went from .12 at my rec to a high of $2.80 or around there, and now NVAS.OB, from .19 or so to a high of .75 today. 

I am still holding free shares of both these companies as I sold over 1/2 my position at a 100% profit in each of them, I really need to play it safe these days, and selling half at 100% allows me to protect ALL of my original investment.

I completely lucked out on both.  When I tell you that most of what I invest in usually goes straight down, I am not kidding. If I could turn all my buys over the past 5 years into shorts, I would rich, however I wound up being a big bagholder on most of my investments and lost the better part of my portfolio.  I even had to leave 3sof as a premium member because I was losing money still.  I am not blaming anyone but myself for that, I dont have enough money to play the picks correctly, and seemingly would pick the wrong ones out of the bunch.

At any rate, preservation of capital being of the most importance, I am riding free shares only now in both these companies.  NNVC is around 2.00 now and NVAS is at .65 for a close today I believe.  Although I do believe in the potential of these 2 companies, I would highly suggest following the "sell half at 100% strategy" for these 2.  Yes it may go higher, but it may also go straight down to .01 taking your entire investment with it. Selling half is a happy medium between profits and the stress incurred by holding .PK and .OB stocks.

Good luck everyone, I hope some were able to make money on these.

jb

Hi,jb,
Congrats!
NNVC and NVAS are REALLY GOOD!
But NVAS 's RSI(14)is high now,and got long shadow,you got to wach it to protect your profit.
(by the way ,how do you find these two nice guys?)

Grats to those still holding, up HUGE today!

Here is a very large thread on this stock going.....

Moving on up...... :D :D :D

Hmmm......Let's see if things can get going north again.

Broke out of its channel yesterday. Borke the 50 ma today. Next res. .35. Good vol.


News today.

Tuesday, November 28 2006 1:04 PM, EST

Thorium Power Selected to Participate in United States Department of Commerce Delegation to India on Nuclear Technology Development and Trade

M2    "Press Wire "

M2 PressWIRE - November 28, 2006 - Thorium Power Ltd. (OTCBB:THPW) is involved in the nuclear power sector. Its focus is on technologies and services that will benefit from, and help lead to, expanded use of nuclear power generation.

During early morning trading shares are up 3% with over 1.6 million in volume. This momentum comes as Thorium Power Ltd., the leading developer of non-proliferative nuclear fuel technology for existing and future PWR reactors, announced that the United States Department of Commerce (DOC) has asked the Company to be a member of a business delegation to India focusing on the opening of nuclear trade and technology development between the two nations.

MarketGainer.com is quickly emerging as one of the newest and most exciting online newsletters for international, small-cap investors looking to stay a step ahead of the markets.

On November 17, 2006 the U.S. Senate overwhelmingly (85-12) passed its version of a bill that, when reconciled with the House and signed by the President, will allow the United States to ship nuclear fuel and technology to India without regard to India's position on the Nuclear Nonproliferation Treaty. This delegation will be lead by Mr. Franklin Lavin, U.S. Under Secretary of Commerce for International Trade. Representing Thorium Power will be Chief Executive Officer, Seth Grae and Vice President and Director of Government Relations, Ambassador Dennis Hays. Mr. Grae noted, "India produces some of the most advanced thinking in the world on nuclear energy and the government's decision to focus on thorium technologies provides numerous opportunities for Thorium Power and different Indian entities to work together."

it just moved to .40. might be a valid break out.

Yes, this broke out of its channel very nicely on highest volume day ever.

This stock used to be NVAS.

There was an 8-k out after hours friday.  Also, a couple of form 4's, they were awarded shares at .45. What does that mean exactly? They get the shares or are able to sell the shares when the pps hits .45...not sure what these actually represent...any clarification on this would be greatly appreciated :)

SEC Filings:
http://www.nasdaq.com/asp/quotes_sec.asp?mode=&kind=&symbol=DIAAF&symbol=THPW&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=filings&selected=THPW (http://www.nasdaq.com/asp/quotes_sec.asp?mode=&kind=&symbol=DIAAF&symbol=THPW&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=filings&selected=THPW)

glta

julia

Quote from: gmarc66 on January 06, 2007, 11:56:01 AM
There was an 8-k out after hours friday.  Also, a couple of form 4's, they were awarded shares at .45. What does that mean exactly? They get the shares or are able to sell the shares when the pps hits .45...not sure what these actually represent...any clarification on this would be greatly appreciated :)

since the amount is very small, it doesn't matter much to me. My guess is the company is paying this director with shares. they just set a price of .45. so people can see the stock is undervalued.

It seems to me the company has not income yet, just running around trying to get a contract or two. This india thing can be good if it works out.

Changed Ticker Symbol.......

"NVAS.OB" is no longer valid. It has changed to THPW.OB.

"NVAS.OB/THPW.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.   ;D                                                 
All history on a stock pick in 1 thread is awesome.   ;)                                                   
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.   ::)                                           
Thank You....and good luck with all your trades....make some $$$   ;)   

Symmetrical Triangle (Continuation) Pattern

The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended and the symmetrical triangle takes shape. You could also think of it as a contracting wedge, wide at the beginning and narrowing over time.

While there are instances when symmetrical triangles mark important trend reversals, they more often mark a continuation of the current trend. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout.

Edwards and Magee suggest that roughly 75% of symmetrical triangles are continuation patterns and the rest mark reversals. The reversal patterns can be especially difficult to analyze and often have false breakouts. Even so, we should not anticipate the direction of the breakout, but rather wait for it to happen. Further analysis should be applied to the breakout by looking for gaps, accelerated price movements, and volume for confirmation. Confirmation is especially important for upside breakouts.

Prices sometimes return to the breakout point of apex on a reaction move before resuming in the direction of the breakout. This return can offer a second chance to participate with a better reward to risk ratio. Potential reward price targets found by measurement and parallel trend line extension are only meant to act as rough guidelines. Technical analysis is dynamic and ongoing assessment is required. In the first example above, SUNW may have fulfilled its target (42) in a few months, but the stock gave no sign of slowing down and advanced above 100 in the following months.

Interesting technology, gonna watch this one ;)

Thorium Power is a nuclear energy pioneer and the leading developer of thorium-based nuclear fuels.

We are currently qualifying our proprietary thorium-based fuel designs for use in existing and future commercial nuclear reactors. These designs have three major benefits:

    * Proliferation-resistant fuel cycle - no production of nuclear weapons-usable materials in spent fuel
    * Reduced nuclear waste
    * Improved industry operating economics

We also offer services to companies and governments planning to create or expand electricity generation capabilities using nuclear power plants benefiting from thorium-based fuels.

Finding the silver lining

http://business.timesonline.co.uk/tol/business/money/investment/article1908853.ece

Boatguy, the new thread you created today has been merged here...
This large thread already exist. "Use the Search" ???


"THPW.OB" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.  ;D                                                 
All history on a stock pick in 1 thread is awesome.    ;)                                                 
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.   :( ::)                                             
Thank You....and good luck with all your trades....make some $$$    ;)               

Sorry setravis- search came up empty.

Thanks for merging

Breakout area ;)

On watch-

Symmetrical Triangle (Continuation) Pattern
The symmetrical triangle, which can also be referred to as a coil...

Maybe this coil spring is about ready to pop... :-\ upside maybe ::)
although the pattern can get a little tighter >:D

52wk Range: 0.18 - 0.88
Volume: 1,169,226
Avg Vol (3m): 1,960,230

Technicals
Percentage Gainer

Last Price Quote is:
6.04%above 13-day MA
4.95%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $80.38 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Cool.. I just got 7,300 shares..  >:D  has to pop one way or another out of that trading range and since its held this level for 2 years I'd say it breaks up

Press Release Source: Thorium Power, Ltd.


Thorium Power Provides Business Update for the Second Quarter of 2007
Thursday August 9, 1:01 pm ET


Reports on High Level Discussions With Foreign Governments and Global Enterprises for the Deployment of Non-Proliferative, Low-Waste Nuclear Fuel


MCLEAN, VA--(MARKET WIRE)--Aug 9, 2007 -- Thorium Power Ltd. (OTC BB:THPW.OB - News), the leading developer of low-waste, non-proliferative nuclear fuel technology for existing and future reactors, today provided a business update for the second quarter ended June 30, 2007


Seth Grae, CEO of Thorium Power, stated, "We are making strides in bringing our thorium-based fuel designs to the forefront as a viable solution to nuclear proliferation concerns and environmental issues around the world. Specific to Thorium Power, in recent communications we have indicated we are actively engaged in very high level discussions with foreign governments and global commercial entities regarding the utilization of Thorium Power's fuel designs in existing and new reactors that are slated to be built or are in the planning stage. These discussions, confidential as they are, continue to progress diligently. We continue to be both confident and encouraged by the level of interest in our fuel designs."

In general, interest in thorium-based fuels continues to gain momentum as a number of countries publicly state their interest in the fuel source. Dr. A.P.J. Abdul Kalam, India's ex-president and one of the country's foremost scientists, continues to reiterate his steadfast support for a thorium-based nuclear industry. Furthermore, India's Cabinet recently approved the US-India nuclear cooperation agreement, bringing both countries ever closer to completing the landmark deal. Elsewhere, there have been positive developments in Scandinavia with Sweden and Norway now actively seeking to utilize thorium fuel designs. All of these notable developments are closely aligned with the publication of major research reports (OECD, PricewaterhouseCoopers, BP) marking the global resurgence of nuclear energy and growing interest from "new nuclear" nations such as India.

Mr. Grae continued, "It is quite important for both investors and industry to recognize the significant uniqueness of our fuel designs. Most importantly, Thorium Power's proprietary technology is proliferation resistant. Quite simply, Thorium Power's fuel designs do not produce weapons-usable materials in spent fuel. Additionally, our fuels significantly reduce nuclear waste, yielding approximately fifty percent reduction by volume, seventy percent reduction by weight, and ninety percent reduction in long-term radio-toxicity."

"Changing the status quo is not an easy task, but we took on the challenge in 1991 when Dr. Alvin Radkowsky, a co-founder of Thorium Power and a pioneer designer of nuclear fuels and reactors, approached us to transform his latest fuel designs into a commercially viable solution to nuclear proliferation and the increasing burdens of nuclear waste. We have since moved beyond the science phase, and our fuels have been undergoing a demonstration process in a research reactor and test facilities in Russia for over three years. We have built a very strong patent portfolio and look forward to filing additional patents that we expect to provide patent protection for an additional 20 years from the date of filing."

Mr. Grae concluded, "Overall, we are extremely encouraged by the outlook for the business heading into the second half of 2007 with a diverse portfolio of market opportunities and a marked increase in interest for thorium-based nuclear fuels around the world. In the months ahead, we will pursue these opportunities with the help of our technical and international advisory boards, both of which are comprised of key industry leaders, including former executives of both Westinghouse and GE Nuclear that have successfully and profitably deployed nuclear fuels and nuclear reactors around the world."

Total revenue for the three months ended June 30, 2007 was $0, compared to $0 for the same period in 2006. Operating loss for the three months ended June 30, 2007 was $2.5 million, compared to operating loss of $26,000 for the same period last year. Net loss for the three months ended June 30, 2007 was $2.5 million, or $0.01 per share, compared to net loss of $581,000 or $0.01 per share, for the same period in 2006. As of June 30, 2007, the company had approximately $7.7 million of cash and cash equivalents and $7.2 million of working capital.

About Thorium Power, Ltd.

Based in McLean, VA, Thorium Power, Ltd. is a nuclear energy pioneer and the leading developer of thorium-based nuclear fuel designs. The Company's technologies include nuclear fuel designs optimized to address key concerns about traditional nuclear power, including nuclear proliferation and nuclear waste. Thorium Power plans to license its technologies to commercial and government owned reactor operators and nuclear fuel fabricators aiming to benefit from thorium-based fuels. The Company is targeting new reactors in countries without a nuclear industry today, as well as currently operating and new reactors in countries with an established industry. Thorium Power is also leveraging its nuclear technology, business and regulatory expertise and relationships by offering services to commercial entities and governments looking to establish or expand nuclear industry capabilities and infrastructure. In addition to leveraging its International and Technical Advisory Boards comprised of key national and international leaders in the fields of nuclear energy, finance, government affairs, non-proliferation and diplomacy, the Company maintains long-standing relationships with leading Russian nuclear entities, providing expert resources and facilities for its nuclear fuel development activities. To support the implementation of its business model, Thorium Power has plans to form partnerships with various types of participants in the nuclear industry, allowing the Company to address multiple nuclear reactor types internationally.

Further information is available on Thorium Power Ltd's website at http://www.thoriumpower.com

Forward-Looking Statement

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, statements regarding benefits of the proposed merger and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "expects," "projects" or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. These risks, as well as other risks associated with the merger, will be more fully discussed in any joint proxy statement or prospectus or other relevant document filed with the Securities and Exchange Commission in connection with the proposed merger. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.

Got some at .30 ;)

EnergyWashington Week

Hatch Drafts Legislation To Ease Nuclear Waste Concerns

Sen. Orrin Hatch (D-UT) is drafting legislation intended to ease concerns about nuclear waste by requiring DOE to develop standards for nuclear reactors to use thorium fuel rather than uranium, sources say. The legislation is expected to be offered for consideration in upcoming negotiations on a final energy bill.

The nuclear industry is expecting an expansion in response to increased concerns about global warming and energy security, but nuclear opponents argue long-standing concerns about radioactive waste disposal and nuclear weapons proliferation should soften federal support for new reactors.

A source in Hatch's office says the upcoming bill is seen as "breaching the gap" between nuclear proponents and those "opposed to the transport of [nuclear] waste out to one site," a group that includes Senate Majority Leader Harry Reid (D-NV). The source says the bill is being shopped to Reid and Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (D-NM). Calls to Reid's office were not returned.

Proponents say the thorium fuel cycle produces one third the radioactive waste that uranium does, which could help alleviate concerns about disposal and the potential use of enriched spent fuels in nuclear weapons by rogue states and potential terrorists. Hatch's "Thorium Energy Independence and Security Act of 2007" will be introduced in the next few weeks with the hope it could become part of an energy bill making its way through an informal House/Senate conference, a source familiar with the bill says.

The bill would would establish offices at DOE and the Nuclear Regulatory Commission to provide "incentives to nuclear reactor operators in the United States and foreign countries to use proliferation-resistant, low-waste thorium fuels in lieu of other fuels," according to a draft version of the bill. The plan would also require DOE's Idaho National Engineering Laboratory to establish demonstration projects using the thorium fuel cycle.

Proponents of the bill say thorium fuel can power a reactor far longer than uranium, and therefore less waste is produced that needs to be transported or stored at a permanent or interim disposal facility. The thorium fuel cycle results in less fissile material than the use of uranium, and so it is less susceptible for use in the proliferation of nuclear weapons, according to the World Nuclear Association. "The spent fuel amounts to about half the volume of MOX [mixed oxide fuel] and is even less likely to allow recovery of weapons-usable material than spent MOX fuel, since less fissile plutonium remains in it," according to a May report by the group.

A Virginia-based company involved in developing power plants fueled by thorium says on its website that the fuel has "the potential to eliminate existing plutonium stockpiles." A report from the International Atomic Energy Agency (IAEA) says the production of fissile material in a plant using thorium fuel is "an order of magnitude lower than uranium."

Proponents also say thorium is three- to four-times more common than uranium, and many existing nuclear power plants can be relatively easily retrofitted to accept the fuel. The U.S. has the fourth largest amount of "economically recoverable" reserves in the world, according to the WNA report. The world's largest reserves are in Australia, India and Norway.

But the fuel does have its drawbacks. A source with the Nuclear Energy Institute says it is more costly to work with and harder to handle because the radiation is "bone seeking." Thorium was considered on par with uranium during the early days of the nuclear power industry, but the push for enriched weapons grade fuel favored uranium, according to a Senate source.

A nuclear power opponent with an environmental group says there is "no real advantage to a thorium fuel cycle" and dismisses claims about reduced waste and proliferation concerns as "overblown." The source says thorium is not widely used in the United States because it involves "very complicated chemistry." Many of the same health concerns that exist for uranium also hold true for thorium, including cancer risks, according the source.

Nice move with volume ;D

News:

http://biz.yahoo.com/iw/071203/0334905.html

Thorium Power Enters Into $5 Million Consulting and Strategic Advisory Services Agreement With Foreign Government-Owned Entity

MCLEAN, VA--(MARKET WIRE)--Dec 3, 2007 -- Thorium Power, Ltd. (OTC BB:THPW.OB - News), the leading developer of low-waste, non-proliferative nuclear fuel technology for existing and future reactors, today announced that it has entered into a consulting and strategic advisory services agreement with a foreign government-owned entity to develop a roadmap as the first phase of a feasibility study for a prospective program to deploy civilian nuclear power plants. The roadmap will include recommendations related to timelines, organizational structure and priorities for subsequent phases of the program.

Heads up ;D

THPW : looks like a lot of interest has been building up in this stock for 2 months using 3 year weekly chart..might be getting ready to test 3 yr resistance,,JMO
I have no position

no updates...no knowledge !

Bullish close @ the high of the day...

Recent CandleStick Analysis
Very Bearish
Feb-17-2009 Bearish Engulfing 

Support @ 0.24...0.22...0.21
Resistance @ 0.28
MACD is Bullish
Stochastic is Bearish

52wk Range: 0.15 - 0.44
Volume: 1,634,934
Avg Vol (3m): 755,472

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Last Price Quote is:
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51.81%above 50-day MA
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Market Cap (M): $73.84 
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