Australian (ASX) Stock Market Forum

UXA - UXA Resources

Re: UXA - Uranium Exploration Australia

UXA drilling, assay results, can be expected before the Half Yearly results to 31st December 2006. As has been past practice by the company. No further comment.
 
Re: UXA - Uranium Exploration Australia

UXA have had quite a ride. Having hit 58.5 cents on speculation, they plunged to 44 cents at the close yesterday. Trading now at 48.5 cents, up 4.5 cents, UXA have half Yearly results at the end of the month and assays due at any moment.
 
Re: UXA - Uranium Exploration Australia

It's hard to see much in the chart. Last 6 months its generally going up but very volitile. Consolidating after that recent spike and had a good day today (up 6%) but could go anywhere really depending on the next ann and whether they find U in that silver mine! Will be plenty of overhead resistance at $0.50ish. Will be a great break up if it cracks through there and holds.
 

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Re: UXA - Uranium Exploration Australia

insider said:
Thanks alot Kennas... See mine showed something else
Might depend on the time frame. Post it up and we can discuss! Or, if it's really bad, I'll delete it for you. :)
 
Re: UXA - Uranium Exploration Australia

OK just got back from work... Here it goes... I'm nervous now...

The two red diverging lines indicate the recent daily trend fluctuations in a bullish market… The red horizontal line parallel to the earth indicates its’ past all time high… I don’t know of a Uranium stock other than this one that hasn’t broken its’ all time high significantly. It only has a market capital of $17Million or so… Very cheap… It only hasn’t broken that 52cent line because of the recent bearish market sentiment (the blue line) However I believe that an announcement maybe on the way…

The blue line may push the stock price below the bottom red line and that is an indication that the stock is super cheap… However if the graph stays within those two diverging lines than it is set jump up like nuts in a bullish period even with no announcement.

This my first Chart analysis and let me just say that charting has never been something that particularly interested me in the past because the past doesn’t dictate the future… However it gives an idea of where it is heading… So I like to use fundamentals as well

IT IS IMPORTANT THAT I MAKE CLEAR THAT THIS IS MY OPINION AND NOTHING MORE >>>GET SOME PROFESSIONAL ADVICE<<<
 
Re: UXA - Uranium Exploration Australia

insider said:
OK just got back from work... Here it goes... I'm nervous now...

The two red diverging lines indicate the recent daily trend fluctuations in a bullish market… The red horizontal line parallel to the earth indicates its’ past all time high… I don’t know of a Uranium stock other than this one that hasn’t broken its’ all time high significantly. It only has a market capital of $17Million or so… Very cheap… It only hasn’t broken that 52cent line because of the recent bearish market sentiment (the blue line) However I believe that an announcement maybe on the way…

The blue line may push the stock price below the bottom red line and that is an indication that the stock is super cheap… However if the graph stays within those two diverging lines than it is set jump up like nuts in a bullish period even with no announcement.

This my first Chart analysis and let me just say that charting has never been something that particularly interested me in the past because the past doesn’t dictate the future… However it gives an idea of where it is heading… So I like to use fundamentals as well

IT IS IMPORTANT THAT I MAKE CLEAR THAT THIS IS MY OPINION AND NOTHING MORE >>>GET SOME PROFESSIONAL ADVICE<<<
Not bad. Remember though, that with stocks breaking down through support lines, this doesn't necessarily make it cheap or good value, it generally means it's lost support and changing trending range. In this case, if it breaks your bottom line then this is bearish for the stock.
 
Re: UXA - Uranium Exploration Australia

UXA rose 4 cents to 49 cents finishing the day at the highest point. Trading was lower than in the previous few weeks. Stock hit 58.5 cents as speculators piled in, and on no announcement appeared to withdraw. With assay results due and half yearly results due soon after, speculation may continue for a few more weeks.
 
Re: UXA - Uranium Exploration Australia

When are these results due? Been a while.
If the results show no sign of uranium, what is next for UXA?
How many more sites have they got left to drill?
 
Re: UXA - Uranium Exploration Australia

mb1 said:
When are these results due? Been a while.
If the results show no sign of uranium, what is next for UXA?
How many more sites have they got left to drill?

Hi, Check post #1, and you will see links to the UXA website; That shows the drilling plan for UXA.

Some are really looking for further proof of the extent of silver at Sloanes Hill. This would, if it proves to be viable, give the company income into the future.
Further drilling at very many sites may or may not prove viable, copper, gold or uranium assays, though, uranium is known to exist on some tenements already, see UXA website.
 
Re: UXA - Uranium Exploration Australia

looks like the buyers might be moving into position... strong support around 42 cents
 
Re: UXA - Uranium Exploration Australia

insider said:
looks like the buyers might be moving into position... strong support around 42 cents

Up a tad at 46 cents, but a long way off the recent 58.5 cent high. If UXA have excellent drilling results, then they are doing well at keeping a lid on it.

Another investor told me that the samples were locked away, and that is the reason no assay results could possibly leak out. If true, it makes some sense I suppose.

If information told to me earlier is correct, the drilling results should be out this week.
 
Re: UXA - Uranium Exploration Australia

We could almost start putting bets on the release date of the announcement.

4:1 it happens next week :)
 
Re: UXA - Uranium Exploration Australia

I really hope it's a great announcement as I suggested and influenced my brother to by some of these shares even though i don't have any at all
 
Re: UXA - Uranium Exploration Australia

I don't know what has happened to the drilling results. Does late news mean they've found nothing much, no, more likely, they've found more traces of silver but not enough to get over enthusiastic about.

"Mind you, Chairman, Mr Neill Arthur and his good Lady, hold 2.1 million shares and 2.1 million options. Therefore, all options are open here. If N.A. was not certain of something big amongst these tenements, then I doubt he'd be in so heavy."

Up to date Shareholders: http://www.uxa.com.au/Announcements/Top20Shareholders.pdf

Option Holders: http://www.uxa.com.au/Announcements/Top20OptionHolders.pdf
 
Re: UXA - Uranium Exploration Australia

noirua said:
I don't know what has happened to the drilling results. Does late news mean they've found nothing much, no, more likely, they've found more traces of silver but not enough to get over enthusiastic about.

Yeah it's been more than a while now. I'd go with ya first thoughts there noirua. The geology just dont add up for mine.


kennas said:
I still reckon the Silver Exploration Australia name change is warranted. LOL.

THAt would make them AgXA, wouldn't it? Me gotta hunch - How does WXA sound? ;)
 
Re: UXA - Uranium Exploration Australia

Quarterly reports out, little over a mil left in bank.

what the #$%^ is going on with the digging results??
 
Re: UXA - Uranium Exploration Australia

mb1 said:
Quarterly reports out, little over a mil left in bank.

what the #$%^ is going on with the digging results??


Hmmmmmmmmmmm, yes, only about $1.6 million left and it's March 2008 before the oppie holders need to cough up. UXA are drilling on regardless.

Just a thought, no more than that. Maybe the UXA board have good enough drilling results and prospects to interest a partner.
 
Re: UXA - Uranium Exploration Australia

I don't mean to down ramp... but there is always the possibility that UXA was introduced to simply profit from investors :eek: ... I certainly hope not as I invested in this company on behalf of my brother... They seem to disapoint alot of people with their almost evasive behaviour... If they don't show something soon it's safe to say that they are a 'Uranium Pretender' :confused: ... However I did tip UXA for February's stock tipping competition :cool: ... Good Luck everyone :D
 
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