Sean K
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UXA - UXA Resources
- Thread starter noirua
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Re: UXA - Uranium Exploration Australia
hi Kennas
It was good to see the increase in volume as well and the good buying right up until the close .
Looking at a target of around the last high . Which is still about 10c off .
Just a question . Does the fact that it is trading at the top of the bollinger band have any significance ?
Bought a few more the other day so a small step back for me is just a great chance to buy some more .
Cheers martin
hi Kennas
It was good to see the increase in volume as well and the good buying right up until the close .
Looking at a target of around the last high . Which is still about 10c off .
Just a question . Does the fact that it is trading at the top of the bollinger band have any significance ?
Bought a few more the other day so a small step back for me is just a great chance to buy some more .
Cheers martin
Sean K
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Re: UXA - Uranium Exploration Australia
Martin, stocks can ride along the top or bottom edge of the BB for quite a while, it's when they break through it which is untidy. UXA has just slipped through so time to be a little careful perhaps.
Check out the last few times UXA has poked it's head up, or down, out of BB. Tended to go the other way after yeah? It's hard to judge when they will turn obviously. Each of the rises had the stock price poking through until eventually it pulled back. Just how long do these rises last? If you combine them with support and resistance lines then it gives you a better picture. UXA is hitting a resistance line at $0.45, so perhaps this spells trouble. Although, it did hold above this level which is good.
T/A is only probabilities. Look at the run UXA had from $0.15 to $0.50 in March, riding the edge of the BB. Perhaps it can do that again!
x2rider said:hi Kennas
It was good to see the increase in volume as well and the good buying right up until the close .
Looking at a target of around the last high . Which is still about 10c off .
Just a question . Does the fact that it is trading at the top of the bollinger band have any significance ?
Bought a few more the other day so a small step back for me is just a great chance to buy some more .
Cheers martin
Martin, stocks can ride along the top or bottom edge of the BB for quite a while, it's when they break through it which is untidy. UXA has just slipped through so time to be a little careful perhaps.
Check out the last few times UXA has poked it's head up, or down, out of BB. Tended to go the other way after yeah? It's hard to judge when they will turn obviously. Each of the rises had the stock price poking through until eventually it pulled back. Just how long do these rises last? If you combine them with support and resistance lines then it gives you a better picture. UXA is hitting a resistance line at $0.45, so perhaps this spells trouble. Although, it did hold above this level which is good.
T/A is only probabilities. Look at the run UXA had from $0.15 to $0.50 in March, riding the edge of the BB. Perhaps it can do that again!
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Re: UXA - Uranium Exploration Australia
UXA seem to have changed the link: http://www.brr.com.au/event/5URA/60057/16545/wmp/d2/22u0z64
noirua said:
UXA seem to have changed the link: http://www.brr.com.au/event/5URA/60057/16545/wmp/d2/22u0z64
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Re: UXA - Uranium Exploration Australia
UXA's First Quarterly Report: http://www.asx.com.au/asxpdf/20061030/pdf/3z8q2mpc8sndc.pdf
UXA's First Quarterly Report: http://www.asx.com.au/asxpdf/20061030/pdf/3z8q2mpc8sndc.pdf
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Re: UXA - Uranium Exploration Australia
UXA's First Quarterly Cash Flow Report: http://www.asx.com.au/asxpdf/20061031/pdf/3z9m4mbkk6cf1.pdf
UXA's First Quarterly Cash Flow Report: http://www.asx.com.au/asxpdf/20061031/pdf/3z9m4mbkk6cf1.pdf
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Re: UXA - Uranium Exploration Australia
The recent drilling report by UXA looks very promising, but there is a need to not get carried away.
Drilling etc., so far is at; Prominent Hill South SH-1 to 5; preliminary sampling at Ngalia Trust (EL 24566) tenement, Northern Territory; and mapping and sampling at Gulgong/Ulan South (EL 6498) in NSW.
++++
Silver had been previously found in UXA's diamond drill hole (DDH) SH-1 and silver and copper sulphides in (DDH) SH-2.
Further silver was found in analysed samples in Sept 06 at holes SH-3 and SH-4. These are located 3km and 6km west of SH-2 respectively. The results showed similar sulphide zone widths and depths as SH-2, but with lesser silver and copper values.
UXA sampled six auger-drilled waterbores to 150m and 200m depth and located 5 to 15km North of SH-2, SH-3 and SH-4. The logging was at 2m intervals and contained silver ranging between 0.1 and 1.17ppm.
These silver anomalies occured over intersection zones of up to 76m.
UXA is now drilling at Sloanes Hill and commenced on 13th October 2006 at hole SH-5 and is located 3km west of SH-1.
A step-out program that will intersect a potential shallow basement at a 200m depth has commenced at Sloanes hill to better understand the project.
( Results of the previous silver find can be found at: http://www.uxa.com.au/Announcements/SignificantSilverDiscovery.pdf )
++++
Further drilling is planned in the Winjabbie (EL 3432), Glenside (EL3470), Oak Dam North East (EL3494) and Roxby Downs West (EL 3428) tenements during the December Quarter.
++++
UXA have identified iron veins in granite in UXA's Ngalia Thrust Tenement EL24566. This is 300km North-West of Alice Springs. Drilling commences in the middle of 2007, subject to permits.
++++
UXA plans shallow percussion drilling at Gulgong / Ulan South Tenement EL6498 in NSW. Allanite bearing granite occurs in spotty outcrops along a 20km North-West structure, which contains rare earth elements.
++++
This is the general position for the drilling programme etc., carried out to date.
The recent drilling report by UXA looks very promising, but there is a need to not get carried away.
Drilling etc., so far is at; Prominent Hill South SH-1 to 5; preliminary sampling at Ngalia Trust (EL 24566) tenement, Northern Territory; and mapping and sampling at Gulgong/Ulan South (EL 6498) in NSW.
++++
Silver had been previously found in UXA's diamond drill hole (DDH) SH-1 and silver and copper sulphides in (DDH) SH-2.
Further silver was found in analysed samples in Sept 06 at holes SH-3 and SH-4. These are located 3km and 6km west of SH-2 respectively. The results showed similar sulphide zone widths and depths as SH-2, but with lesser silver and copper values.
UXA sampled six auger-drilled waterbores to 150m and 200m depth and located 5 to 15km North of SH-2, SH-3 and SH-4. The logging was at 2m intervals and contained silver ranging between 0.1 and 1.17ppm.
These silver anomalies occured over intersection zones of up to 76m.
UXA is now drilling at Sloanes Hill and commenced on 13th October 2006 at hole SH-5 and is located 3km west of SH-1.
A step-out program that will intersect a potential shallow basement at a 200m depth has commenced at Sloanes hill to better understand the project.
( Results of the previous silver find can be found at: http://www.uxa.com.au/Announcements/SignificantSilverDiscovery.pdf )
++++
Further drilling is planned in the Winjabbie (EL 3432), Glenside (EL3470), Oak Dam North East (EL3494) and Roxby Downs West (EL 3428) tenements during the December Quarter.
++++
UXA have identified iron veins in granite in UXA's Ngalia Thrust Tenement EL24566. This is 300km North-West of Alice Springs. Drilling commences in the middle of 2007, subject to permits.
++++
UXA plans shallow percussion drilling at Gulgong / Ulan South Tenement EL6498 in NSW. Allanite bearing granite occurs in spotty outcrops along a 20km North-West structure, which contains rare earth elements.
++++
This is the general position for the drilling programme etc., carried out to date.
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Re: UXA - Uranium Exploration Australia
UXA have struggled to get back to their previous high of 54 cents; At 46 cents this morning as trading picks up a little. Hole SH-5, Sloanes Hill, has been completed and a report is expected.
UXA have struggled to get back to their previous high of 54 cents; At 46 cents this morning as trading picks up a little. Hole SH-5, Sloanes Hill, has been completed and a report is expected.
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Re: UXA - Uranium Exploration Australia
UXA appear steady at 50 cents this morning. The results of drilling at Sloanes Hill is due at any moment and there is interest as to whether silver grades and copper are good at SH-5 ie compariable with SH-1.
UXA appear steady at 50 cents this morning. The results of drilling at Sloanes Hill is due at any moment and there is interest as to whether silver grades and copper are good at SH-5 ie compariable with SH-1.
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Re: UXA - Uranium Exploration Australia
Quite a turnaround for UXA., as they hit 51.5 cents, to finish down 3.5c at 44.5 cents. Shows how fortunes change in the highly speculative market.
Quite a turnaround for UXA., as they hit 51.5 cents, to finish down 3.5c at 44.5 cents. Shows how fortunes change in the highly speculative market.
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Re: UXA - Uranium Exploration Australia
UXA have appointed a new CEO: http://www.asx.com.au/asxpdf/20061113/pdf/3zjptb5zmb833.pdf
UXA have appointed a new CEO: http://www.asx.com.au/asxpdf/20061113/pdf/3zjptb5zmb833.pdf
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Re: UXA - Uranium Exploration Australia
AGM 2006 Shareholders Presentation
http://www.asx.com.au/asxpdf/20061116/pdf/3zlrdf1d1r0zc.pdf
AGM 2006 Shareholders Presentation
http://www.asx.com.au/asxpdf/20061116/pdf/3zlrdf1d1r0zc.pdf
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Re: UXA - Uranium Exploration Australia
Is everything on silver at the end of the current quarter when UXA will report the results of the latest drilling? Probably it is, as an Uranium mine takes about 5 years to be brought onstream and profits from a silver mine would be good for the future of this company.
Neill Arthur, Chairman, may be seen to have a quieter more solid approach than many in the mining industry and is not for ramping for the sake of it. I could mention an arms length of Chairman, CEO's and MD's who are great at this, in the mining sector, but Neill is much more dependable than many of these rascals.
Afterall, it was he who was so dependable and responsible in his forecasts on iron ore, coal and pig iron price forecasts in 1999 to 2003. Many doubted his forecasts as overly optomistic and now we know they were solid and reliable. The South Australian Government and City of Whyalla would have benefited greatly, sadly they didn't, if he had been believed and solidly supported.
This time, for the second time, I hope, he will get the support for UXA as he and shareholders richly deserve.
Is everything on silver at the end of the current quarter when UXA will report the results of the latest drilling? Probably it is, as an Uranium mine takes about 5 years to be brought onstream and profits from a silver mine would be good for the future of this company.
Neill Arthur, Chairman, may be seen to have a quieter more solid approach than many in the mining industry and is not for ramping for the sake of it. I could mention an arms length of Chairman, CEO's and MD's who are great at this, in the mining sector, but Neill is much more dependable than many of these rascals.
Afterall, it was he who was so dependable and responsible in his forecasts on iron ore, coal and pig iron price forecasts in 1999 to 2003. Many doubted his forecasts as overly optomistic and now we know they were solid and reliable. The South Australian Government and City of Whyalla would have benefited greatly, sadly they didn't, if he had been believed and solidly supported.
This time, for the second time, I hope, he will get the support for UXA as he and shareholders richly deserve.
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Re: UXA - Uranium Exploration Australia
Every month I have chosen UXA in the stock competition it has failed to do that well. This month I chose UXA again and you will be pleased to know I have accidentally been left out (a good omen perhaps), so time to be confident with the drilling results having been promised at the end of the December quarter.
Every month I have chosen UXA in the stock competition it has failed to do that well. This month I chose UXA again and you will be pleased to know I have accidentally been left out (a good omen perhaps), so time to be confident with the drilling results having been promised at the end of the December quarter.
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Re: UXA - Uranium Exploration Australia
These results in December could be make or break for UXA. If silver results at Prominent Hill fail to be as good as expected and other drilling isn't promising then the shares will be under pressure.
I believe strongly in omens and crossing fingers so maybe I worry too much.
noirua said:
These results in December could be make or break for UXA. If silver results at Prominent Hill fail to be as good as expected and other drilling isn't promising then the shares will be under pressure.
I believe strongly in omens and crossing fingers so maybe I worry too much.
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Re: UXA - Uranium Exploration Australia
I appreciate your persistence. I may buy some on Monday.noirua said:
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Re: UXA - Uranium Exploration Australia
It's been a quiet few months for UXA don't you think? After their 'significant silver' discovery ... then the changing of CEO and lack of results and this one smells fishy...
"If silver results at Prominent Hill fail to be as good as expected...then the shares will be under pressure."
IMO, the shares could be under pressure soon...
It's been a quiet few months for UXA don't you think? After their 'significant silver' discovery
... then the changing of CEO and lack of results and this one smells fishy..."If silver results at Prominent Hill fail to be as good as expected...then the shares will be under pressure."
IMO, the shares could be under pressure soon...
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Re: UXA - Uranium Exploration Australia
I could have guessed you would say this one smells fishy crayfish.
Still, I seem to jump in and out of some stocks quite quickly and some I hang around on.
My holding is now quite heavy, so if this one slides down the back of a slippery shark I'm well and truly capsized.
crayfish said:It's been a quiet few months for UXA don't you think? After their 'significant silver' discovery
"If silver results at Prominent Hill fail to be as good as expected...then the shares will be under pressure."
IMO, the shares could be under pressure soon...
I could have guessed you would say this one smells fishy crayfish.
Still, I seem to jump in and out of some stocks quite quickly and some I hang around on.
My holding is now quite heavy, so if this one slides down the back of a slippery shark I'm well and truly capsized.
Sean K
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