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UXA - UXA Resources

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Re: UXA - Uranium Exploration Australia

Hmmm looks to have halted downtrend, will need confirmation, it can still go either way and I'm betting that a lack of news will see it drift lower, however any updates will serve to cause price increase
 
Re: UXA - Uranium Exploration Australia

YOUNG_TRADER said:
Hmmm looks to have halted downtrend, will need confirmation, it can still go either way and I'm betting that a lack of news will see it drift lower, however any updates will serve to cause price increase
Click to expand...

Hi Y_T, with so many holes being drilled it is quite easy to send out lots of reports as each hole gets deeper and deeper. This is probably one directors last chance coral to get to the real big time, IMHO, he will not let this one fail.
 
Re: UXA - Uranium Exploration Australia

Thought this was holding around 35 but seems to be slipping now.
Maybe Y_T was right, possible drop below 30
Still, seems a good longterm hold.

Y_T....any wisdom?
 
Re: UXA - Uranium Exploration Australia

Stock appears very steady at the moment after the sudden rise in high volatile trading, from a 12 cent low to a 51 cents high. Extremely vulnerable to rumours of possible strikes or the reverse, however, UXA have pointed to July as the official reporting time. This delay is bound to add to the possibility of leaks of information and rumour.

The last report on drilling was issued on April 12th and indicated that the drilling rig would be moved into position at Sloanes Hill, Prominent Hill South, EL3429 the following week. Drilling depth would be achieved after two weeks drilling.
 
Re: UXA - Uranium Exploration Australia

UXA are thought to have finished the drilling of the first hole at Sloanes Hill, Prominent Hill, EL3429, and have managed to keep the results, so far, under wraps.
 
Re: UXA - Uranium Exploration Australia

noirua said:
UXA are thought to have finished the drilling of the first hole at Sloanes Hill, Prominent Hill, EL3429, and have managed to keep the results, so far, under wraps.
Click to expand...

Hopefully the news would be a great one,,, UXA have dropped a lot lately
>.<
 
Re: UXA - Uranium Exploration Australia

hypnotic said:
Hopefully the news would be a great one,,, UXA have dropped a lot lately
>.<
Click to expand...

They certainly have dropped, with the shares at 24 cents today. A trade of the options at a staggeringly high price of 16 cents today, they're only worth close to 4 cents.
 
Re: UXA - Uranium Exploration Australia

hypnotic said:
Thanks for the read... maybe UXA is one of those that my not make

it :swear: .... the share price is dropping ridiculously, i wonder why though.

haven't heard much news about it at all. Any thoughts on UXA??
Click to expand...

contrast with UNX

thx

MS
 
Re: UXA - Uranium Exploration Australia

The present drilling programme has been underway for a few weeks now. Drilling results will come in the April to June 06, 4th quarter.

Drilling will be carried out at the following South Australian Tenements: Firstly at Prominent Hill South, EL3429, 876 Sqkm's; Roxby Downs, EL3428, 348 Sqkm's; Playford, EL3430, 285 Sqkm's; Griffen Well, EL3431, 622 Sqkm's; Winjabba, EL3432, 539 Sqkm's; and Glenside, EL3470, 354 Sqkm's.

Drilling is expected to be carried out later at Yeelirree, WA and Katherine North, NT; Previous exploration revealed uranium deposits.
 
Re: UXA - Uranium Exploration Australia

Up 20% today!?! Can someone tell me why? (confused, not sad)
 
Re: UXA - Uranium Exploration Australia

ALFguy said:
Up 20% today!?! Can someone tell me why? (confused, not sad)
Click to expand...

hm everything was up today

UXA dropped off alot earlier, maybe a rebound thats all i think

thx

MS
 
Re: UXA - Uranium Exploration Australia

michael_selway said:
hm everything was up today

UXA dropped off alot earlier, maybe a rebound thats all i think

thx

MS
Click to expand...

There seemed to be a resistance to selling of the options. Shares fell to 21.5 cents ( now at 26 cents ) with no option trading for several days and finished at a reluctant 8 cents on Friday.

Directors are not responding to enquiries about drilling etc., and only say that a progress announcement will be made during the June quarter. A comment was made to the press by the company MD indicating this is very much a lottery. Exec Chairman has made encouraging statements on prospects in the past.
 
Re: UXA - Uranium Exploration Australia

A move back up to 24.5 cents after recent lows around 21 cents, may be just a small bounce after a 60% fall. Are we seeing a revival from speculators before a raft of drilling results before the end of this month?
 
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