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UXA - UXA Resources

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Re: UXA - Uranium Exploration Australia

Will need to some good news now to keep going. Also could be a candidate for buy the rumour, sell the fact.

Will find some resistance at $0.40 as seen on the chart.

It's been a good example of a breakout from a bullish pennant.

I think it'll have a spell tomrrow. But I hope not.
 

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Re: UXA - Uranium Exploration Australia

A good news is certainly needed, it is also very likely to be announced soon.

"Uranium Exploration (UXA.AU) surges 15% to 39 cents on heavy
trading of 2.2 million shares, despite absence of fresh company news to drive
gain. Most interest in UXA stems from Sloanes Hill prospect, 30 kms south of
Prominent Hill project, one of best copper/gold exploration successes, now under
development. Late June, UXA reported silver discovery at handsome grades at
Sloanes. Jump could suggest news or results of further exploration imminent."
Tomorrow will be a good day, at least for the early part of the day!
 
Re: UXA - Uranium Exploration Australia

Sold out of this for the moment. Just didn't like it pulling back and no news.

I might miss out on another jump, but there seems to be a brick wall at $0.40 atm.
 
Re: UXA - Uranium Exploration Australia

kennas said:
Sold out of this for the moment. Just didn't like it pulling back and no news.

I might miss out on another jump, but there seems to be a brick wall at $0.40 atm.
Click to expand...


" It's never wrong to take a profit ". There was a brick wall at 52 cents and UXA fell back to 18 cents, that was a bit of a shock.

This recovery may just be on silver prospects and further thoughts on Exec Chairman, Neill Arthurs pleasure in announcing the find and further assay results. Two further holes 3Km and 6Km west of the discovery at SH1 have similar geology.

On the other hand, the Prominent Hill prospects and the extension of the Silver find area at Sloanes Hill - additional exploration licence at Sloanes Hill North East, ELA 320/06, covering 72 Km², could be a further reason for the lift.

...and on another hand the prospects in Western Austrralia, may be a further reason for bullish sentiment.
 
Re: UXA - Uranium Exploration Australia

Further results on Sloanes Hill are expected in the quarter ending 30th September 06. Two holes are at present being evaluated, 3Km and 6Km west of the original hole - SH1. An announcement should be made shortly.
 
Re: UXA - Uranium Exploration Australia

noirua said:
Further results on Sloanes Hill are expected in the quarter ending 30th September 06. Two holes are at present being evaluated, 3Km and 6Km west of the original hole - SH1. An announcement should be made shortly.
Click to expand...

Does anyone have any updates on this??
 
Re: UXA - Uranium Exploration Australia

Nope, but back over $0.35 now looking more positive, might be time for another trade on this.
 
Re: UXA - Uranium Exploration Australia

UXA have moved up this morning as an order sits to be completed. If the present drilling at Sloanes Hill is favourable it will greatly extend the expectations of many.
 
Re: UXA - Uranium Exploration Australia

Yes, but will it push through $0.40? I'm back in if it makes that move on vol.
 
Re: UXA - Uranium Exploration Australia

Having another look at UXA, $0.35 seems to be some short term support now after being some serious resistance previously. Been tested the past few days and today moves up 4% towards the next target.

Comparing it to the last run, it's looking very similar. Will be interesting to see if it follows through, and when to put an order in. Wait for the volume and push through $0.40? Or have some courage with the chart?? Hhhmm.
 

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Re: UXA - Uranium Exploration Australia

hi Kennas.
MMM. It has certianly reached an interesting point in it's travel . The support there at 34c is easy to see and seems to be historic as well . from a chart there seems to be some good pressure forming but the volume is still pretty poor .

Maybe a trade entry above above 39c on a volume trigger as well . If it goes back through 35c then It will drift a bit lower for sure ?
Since early july there seems to be a lot of the highs of the days being dragged down to finish a bit lower.
Maybe looking to enter towards the end of the day and maybe get it a touch lower ?
What yah think ?
Cheers martin
 
Re: UXA - Uranium Exploration Australia


Yeah, needs some more vol and .35 looks like short term support. I can see it bouncing off that, pending no bad news, and/or lots of market weakness. Would sell it if it went under .35 if short term trading. Will be watching how it starts to line up on Mon am.
 
Re: UXA - Uranium Exploration Australia

hi folks

There is such a nice pennant forming with this share that there has to be money in it in the next couple of days . I had a buy in today but it didn't reach it . With the underlying trendline line at around 35c , another down day could be a good time to enter on the bounce . The pressure in the pennnant is getting tighter and tighter so In the next two days should see the move
Very little volume in the drop today which is good to see .
Cheers
Martin
 
Re: UXA - Uranium Exploration Australia



I'm not sure that charts matter that much as UXA are pure speculation on silver, gold, copper and uranium strikes.
 
Re: UXA - Uranium Exploration Australia

have bought 100k...as soon as update on their drilling....this will take of if the silver find is confirmed....could become a great stock....at present cheap
 
Re: UXA - Uranium Exploration Australia

UXA have fallen back to 30 cents, perhaps on the longer drawn out drilling programme.
 
Re: UXA - Uranium Exploration Australia

Should find some support here, but chart tells no story otherwise. Just wavering sideways until next news is out. I wonder if there will be any uranium under that silver deposit? Perhaps they should change their name to Silver Exploration Australia? Happy I got out with a little profit after the breakout earlier atm.
 
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