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UXA - UXA Resources

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Re: UXA - Uranium Exploration Australia

Excitement mounts as URANIUM EXPLORATION AUSTRALIA Ltd., drill 4,000 metres at Roxby Downs West, EL3428; Prominent Hill South, EL3429; Winjabbie, EL3432; Glenside, EL3494; and Oak Dam N.E. in South Australia. Completion expected by late October.
 
Re: UXA - Uranium Exploration Australia

What's going on in them there holes? It's a totally wait and see, as UXA retain a leak proof assay pan, not even a rumour. Executive Chairman, Neill Arthur is even spraying the flies on the wall.
 
Re: UXA - Uranium Exploration Australia

UXA have recovered to 35 cents this morning and the options are up 5 cents at 18.5 cents. Results of drilling should be out this month and the shares should recover on expectations.
 
Re: UXA - Uranium Exploration Australia

noirua said:
Announcement of re-commencement of the Major drilling programme: http://www.asx.com.au/asxpdf/20061004/pdf/3yty65p88bm9g.pdf
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After the above announcement that drilling had re-commenced, - I thought it already had - all is really on confiming the extent of silver at low levels, 3Km and 6Km holes from the original discovery hole SH1 at Sloanes Hill. Any other discoveries would be a bonus.
 
Re: UXA - Uranium Exploration Australia

UXA jump 5 cents to 37.5 cent in heavier trading of late. Drilling is underway, leading to expectations of an extension to the original silver find. May yet achieve the 60 cents forecast earlier this year.
 
Re: UXA - Uranium Exploration Australia

powerkoala said:
jump again 18%
no news but buyers stack up
any idea ?
Click to expand...

A buyer is thought to be back in the market today, taking stock at the offer price. Having reached 44 cents the price has slipped back to 41 cents.

Silver is at shallow levels and those drilling the holes, 3km and 6km from SH-1 at Sloanes Hill, may have guessed the silver assay results by now. It is very difficult to know what price to put on it as it is only the shallowness of the silver, combined with its cleanliness, that makes it a commercial possibility.
 
Re: UXA - Uranium Exploration Australia

So where do we think this stock might reasonably be expected to go, and when?
 
Re: UXA - Uranium Exploration Australia

Price fell away to 37 cents until the buyer returned to take stock at offer, now at 41 cents.
 
Re: UXA - Uranium Exploration Australia

Curiously UTO seems to be playing mirror images with UXA today. As one goes up the other goes down, and vicki verka.
 
Re: UXA - Uranium Exploration Australia

UXA finished the week at 43 cents and the recent rise must be purely on the back of ongoing drilling at 5 tenements.
 
Re: UXA - Uranium Exploration Australia

noirua said:
Audio Broadcast - Mr Neill Arthur, Executive Chairman

http://www.brr.com.au/event/5BRR/1779/16385/wmp/w3cfy3hpns

" Uranium Round Table - Future of Uranium " - Invitation
Click to expand...


The above link should be up and running shortly, so I'm told.

Felix are at 43 cents with a trade for 200,000 shares going through early on this morning. We should be getting a report on drilling at Sloanes Hill in the next week or so.
 
Re: UXA - Uranium Exploration Australia

UXA hitting $0.45 now. Good going Noirua!

Broken way up now, heading to all time highs, and they haven't even found any uranium yet have they? Just silver?
 

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Re: UXA - Uranium Exploration Australia

kennas said:
UXA hitting $0.45 now. Good going Noirua!

Broken way up now, heading to all time highs, and they haven't even found any uranium yet have they? Just silver?
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Isn't that a flag forming on your chart kennas? Anyway, it may be a case of good news on the silver side and the rest, who knows.
 
Re: UXA - Uranium Exploration Australia

noirua said:
Isn't that a flag forming on your chart kennas? Anyway, it may be a case of good news on the silver side and the rest, who knows.
Click to expand...

There's a few on the chart.

Latest one suggest a bit more upside.
 

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