Australian (ASX) Stock Market Forum

UXA - UXA Resources

Jump to new
Re: UXA - Uranium Exploration Australia

YOUNG_TRADER said:
Good Luck Noi, I made $15k profit on opies so I wasn't complaining, hope you make a ton! :D
Click to expand...

Thanks Y_T, " a profit, is not a profit, until it's Banked " so it's " well done yourself ".
 
Re: UXA - Uranium Exploration Australia

Thats a bit embarrasing, but TOE which listed months after UXA is already drilling,

lol get your act together UXA chaps, glad I sold @ peak, new it would turn :D
 
Re: UXA - Uranium Exploration Australia

YOUNG_TRADER said:
Thats a bit embarrasing, but TOE which listed months after UXA is already drilling,

lol get your act together UXA chaps, glad I sold @ peak, new it would turn :D
Click to expand...

The fall was a bit of a surprise, though these events sometimes shake out the weak holders. Will remain a gamble " rags or riches ".
 
Re: UXA - Uranium Exploration Australia

YOUNG_TRADER said:
Thats a bit embarrasing, but TOE which listed months after UXA is already drilling,

lol get your act together UXA chaps, glad I sold @ peak, new it would turn :D
Click to expand...

There is only one thing for it Y_T, I'm heading for the Stuart Shelf to check out the Russel Bore area myself. Armed with geiger counter and that special technology the Chairman spoke about, which of course cannot be revealed. It's only 36 sq Km, back soon. Good luck with MTN.
 
Re: UXA - Uranium Exploration Australia

noirua said:
There is only one thing for it Y_T, I'm heading for the Stuart Shelf to check out the Russel Bore area myself. Armed with geiger counter and that special technology the Chairman spoke about, which of course cannot be revealed. It's only 36 sq Km, back soon. Good luck with MTN.
Click to expand...


lol Noi, I'll send some Chinese with letters of Intent to meet you there, that should cause a stir! :p:
 
Re: UXA - Uranium Exploration Australia

noirua said:
Diamond drilling is to start at the Sloanes Hill prospect next week. UXA may not have the great success of Teck Cominco, however, the upside is enormous if it works out that way. Don't forget the downside though.

http://www.uxa.com.au/Announcements/Diamond Drilling .pdf
Click to expand...

Drilling is to start at Sloanes Hill, Prominent Hill South - EL3429, close to Teck Cominco's Carrapateena Find:

http://www.teckcominco.com/exploration/activities.htm

http://www.pir.sa.gov.au/pages/minerals/initiatives/pdf/pace_press_111005.htm:sectID=2233&tempD=1

http://www.pir.sa.gov.au/pages/minerals/initiatives/pace/pace_press_270705.htm
 
Re: UXA - Uranium Exploration Australia

Rumours that efforts are being made to hold down the price of UXA by bidding prices well below the current level to induce selling of the stock.
 
Re: UXA - Uranium Exploration Australia

ctp6360 said:
why would someone do that?
Click to expand...

If you have enough funds and anticipated buying shares in a stock, an order would be placed to buy 500,000 shares, at say 20 cents, when the market is trading bid 25 cents / offer 26 cents - there could be several bids, at say 22 cents, 21 cents and 20 cents. The idea is to weaken the resolve of nervous holders and weaken the stock price, thus picking up stock at lower levels. Agile traders can lower their bid price further and further. A tricky game, that some say happens a lot.
 
Re: UXA - Uranium Exploration Australia

Noi old buddy, things aren't looky too good for UXA short term, hope you cashed out,

Stock is now trading below its 30 ExMAvg

If it stays at these levels (which I doubt) or if it drops towards 30c (which I think it will) the 11 ExMAvg will cross the 30 ExMAvg


I may look at a re-entry if it gets sub 30c closer to say 24c
 
Re: UXA - Uranium Exploration Australia

YOUNG_TRADER said:
Noi old buddy, things aren't looky too good for UXA short term, hope you cashed out,

Stock is now trading below its 30 ExMAvg

If it stays at these levels (which I doubt) or if it drops towards 30c (which I think it will) the 11 ExMAvg will cross the 30 ExMAvg


I may look at a re-entry if it gets sub 30c closer to say 24c
Click to expand...

Hi Y_T, I'm still holding my 35,000 shares in UXA, bought at 16 cents a share. The drilling results will not come through until the June quarter. You have been very right on this stock so far. I have to pray you'r wrong this time and you do not get the chance to buy in sub 30 cents.
 
Re: UXA - Uranium Exploration Australia

With so much drilling likely this year and the upside for UXA - on a gamble basis - could be enormous. A target price of 50 cents to 70 cents looks achievable before any rumours abound. Remember it's all a gamble at this stage that could come off.
 
Re: UXA - Uranium Exploration Australia

Actually YT I doubt it will fall much more, it has already come down 30% from its high based mostly on profit taking, rather than bad news. As drilling commences on the other tenements I would expect the sp to recover back to 50c. Held steady at 34c+ this week and has buying interest returning a little.
 

Similar threads

System
RIE - Riedel Resources
2
Replies
25
Views
8K
Telamelo
T
R
IRAQ: the Big (neo) Con
Replies
1
Views
5K
basilio
basilio
Top