UXA - UXA Resources

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

Noi,
You gotta take the time to read my posts carefully as you are misunderstanding, I said 'who cares' about UXA's NSW portfolio, its there S.A. and N.T. portfolios that give them value, moreover I was trying to make you understand that the focus for now (and upcoming drilling) will be S.A.

So like I said who cares about what they have in NSW, focus on what they have in S.A. and N.T.,

If you really wanna talk copper and gold, UXA has tennements surrounding the Minotaur Copper-Gold find which it sold to OXR, and not to mention it pegged ground very close to where the prospector Rudy Gomez hit a shoot of Copper that had all the majors scrambling for a piece and was labelled by the S.A. government as 'Amazing'


So hope you understand this time what I'm trying to say, UXA is one my fav U3O8 Companies, hence why I subscribed for 100,000 shares in IPO which I sold day 1 @ 19.5cents (loss of $500) but hold 50,000 options for free,

Like I said in previous posts this company will easily test 30cent level leading up to drilling of S.A. and who knows how much more, did you see GBE it went from 30cents to 95cents in 3 days!!!! (Feel sorry for the silly peeps buying on day 3)

Anyway, we are set for a good run, I'm holding my opies till we see some drilling,

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

Also UXA was bakced by MPS Securities in Sydney, they have a pretty loyal following, hence why I subscribed, they listed Companies like CMR MTN and so on, note MPS = Martin Place Securities

 

[noirua]

Re: UXA - Uranium Exploration Australia

Also UXA was bakced by MPS Securities in Sydney, they have a pretty loyal following, hence why I subscribed, they listed Companies like CMR MTN and so on, note MPS = Martin Place Securities

Hi Y_T, my interest in UXA comes from following 2 directors formerly with FLX/AUY and the Westchester/RMM struggle that went against Westchester. The lack of support by the board and MD of AET at the time did not help, as well as lack of support from the MD of a tip sheet in the UK and and a few institutions. Notably Westpac did support but not enough. Still thats another matter and things have moved on.
NSW, for certain reasons is in the front garden of events with UXA, not exploration wise, albeit a laggard on the uranium scene.
Thanks for all the information, you'r a lot sharper than me, maybe distance combined with age slows us all in time.
Good Luck.

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

Thanks for all the information, you'r a lot sharper than me, maybe distance combined with age slows us all in time.
Good Luck.

lol I doubt it but hey UXA hit 27cents, so at least we can both
Can't wait to see what drilling brings, I'd say close to 40cent level, and if they even get a sniff of 'Yellow Cake' well strap yourself in, I'm very

 

[chicken]

Re: UXA - Uranium Exploration Australia

lol I doubt it but hey UXA hit 27centos, so at least we can both
Can't wait to see what drilling brings, I'd say close to 40cent level, and if they even get a sniff of 'Yellow Cake' well strap yourself in, I'm very

Looks as if its on its way higher..as soon as they got some results from their drilling watch this one go into orbit....I bought as I love a gamble....at present with no results doing niecly..could become the next Uranium darling....not many shares..and still a cheap entry....make your own research......

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

lol, Noi, 30centos!


Now lets see how many peeps join this thread,

Welcome Chicken, seat belts please!

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

OHHHHHHH

 

[noirua]

Re: UXA - Uranium Exploration Australia

Trading today seems to have become a scramble. It's a bit like the dot com boom, where it was not possible to value a stock on any firm basis. Anyway it's fun.

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

Trading today seems to have become a scramble. It's a bit like the dot com boom, where it was not possible to value a stock on any firm basis. Anyway it's fun.

Aint that the truth, I think that todays CRAZY volume will earn it a speeding ticket,

and may even get it a mention in the Aust Fin Review, can you imagine what that would do to a company with a name Uranium Exploration Australia, given the current mkt sentiment towards U308?

All it woould have to say is Uranium hopeful blah blah blah, was one of the top traded stocks yesterday, blah blah blah, its traded $4.5m dollars thats alot for a specie, with 814 trades

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

Also options seem to be laggin behind the stock,

Funny options were well in front of stock when they were out of the money or margianlly in the money, now they are lagging

 

[noirua]

Re: UXA - Uranium Exploration Australia

Also options seem to be laggin behind the stock,

Funny options were well in front of stock when they were out of the money or margianlly in the money, now they are lagging

As soon as a stock jumps I'm annoyed I did not buy so many, many more. The Exec Chairman shares a holding of 2.1 million, so he's up about $220,000 today.
Very worrying are options, last time I looked they were 15 cents with the shares at 36.5 cents.
Trading is so quick it's a bit like watching BHP Billiton trade.

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

lol, well remember I sold my 100,000 shares @ 19.5cents only a few days ago, :swear:

Ahhh well, I got 50k free options so gonna hold and see,


Remeber though as much as I like UXA, MTN is my big call

 

[noirua]

Re: UXA - Uranium Exploration Australia

Letter to shareholders is on the ASX.

http://www.asx.com.au//asxpdf/20060309/pdf/3vsmvxjgqg2j3.pdf

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

I will be very interested to see the close, I would have expected alot more profit taking as it neared 4pm, however throughout the day the VWAP (Volume Weighted Average Price) has been edging up to 33c

 

[noirua]

Re: UXA - Uranium Exploration Australia

Trading today has dropped away a bit, may only reach about 600 trades against over 1,000 yesterday. If the price manages to close at 32 cents or above then that will look promising.
I was looking for a price of 30 cents by mid-April and the quick run-up was surprising.
The small market cap against great expectations may have a lot to do with this run-up, combined with the high regard for the Companies Executive Chairman and Managing Director.
Where to now?

The reaction to the Toro Energy spin-off float, with the offer closing today may well increase interest.

 

[lesm]

Re: UXA - Uranium Exploration Australia

They received a speeding ticket from the ASX that they responded to at 09:55 this morning.

Not surprised that there has been some retracement today.

Will be interesting to watch developments over the next couple of weeks.

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

I was looking for a price of 30 cents by mid-April and the quick run-up was surprising.


The reaction to the Toro Energy spin-off float, with the offer closing today may well increase interest.

Noi I can't beliebe,

1. How quickly this stock ran away after breaking above 20c as for me and others who followed from IPO we saw it test 20c level 3 times with no real break and hold

2. The fact that it is still holding up above 30c, I would have thought huge retrace today, but not so


Also re Toro, the company recieved $50m + for its $18m IPO which it closed early a few days back (I think Monday)

 

[laurie]

Re: UXA - Uranium Exploration Australia

Guys anything with U308 is moving because it's almost $40/lb look at BKY prices and HMR hit a high of .98c got in at IPO of .28c! what was once waste e.g. .02kg/t is $$$$$$

cheers laurie

 

[YOUNG_TRADER]

Re: UXA - Uranium Exploration Australia

Its trading above 28c still!!!!! :swear:

I want a re-entry around 20-24c before drilling

 

[laurie]

Re: UXA - Uranium Exploration Australia

Also re Toro, the company recieved $50m + for its $18m IPO which it closed early a few days back (I think Monday)

191% oversubscribe March 24th will tell all I predict a 240% premium.........on first day

cheers laurie