UXA - UXA Resources

[noirua]

Re: UXA - Uranium Exploration Australia

Kariba has hit it 100%, its not the silver those are poor to avg grades, good to excellent grades of silver are 100g/t + remember silver only fetches $12usd oz, so 30-70g/t is avg,

But the key is its near Prominent Hill which was a huge Copper Gold Deposit,

I view this as a trading stock with caution and I do have a bit of experience with this company I jumped on IPO for its Uranium potential, just wish they'd get a drill rig to their N.T. tennements,


More than anything I think what this and AUM shows is that the market will still go nuts!

Hi Y_T, Very fair comment, as I was reading about a find by Apogee Minerals ( TSX Venture ) that had grades from 100 to 606 grammes of silver per tonne. The depths were 100 metres to 260 metres against UXA's 29 metres to 44 metres.
You did sell your stake in UXA close to the top, so what can I say having held all the way down. - Good Luck

 

[ALFguy]

Re: UXA - Uranium Exploration Australia

Definitely lost some steam trading around .32 now...

Maybe the afternoon session will bring it back above the open?

 

[MalteseBull]

Re: UXA - Uranium Exploration Australia

I pulled out at a loss, your gonna get your fingers burnt on this one

 

[stockmaster]

Re: UXA - Uranium Exploration Australia

I definitely agree that this share is very risk and requires caution. However whether ur finger will get burnt depends on ur timing.

 

[ALFguy]

Re: UXA - Uranium Exploration Australia

I definitely agree that this share is very risk and requires caution. However whether ur finger will get burnt depends on ur timing.

Agreed.... and it's now time to get out!

 

[hypnotic]

Re: UXA - Uranium Exploration Australia

Hm.... i have to agreee... got out too.....

made a little lost

 

[stockmaster]

Re: UXA - Uranium Exploration Australia

There has been fall in price for UXA today due to the profit-taking. However i still strongly believes that there r still rooms for a boom in price. My estimation, up to 60c. Any recommendation?

 

[srivest]

Re: UXA - Uranium Exploration Australia

There has been fall in price for UXa today due to the profit-taking. However i still strongly believes that there r still rooms for a boom in price. My estimation, up to 60c. Any recommendation?

It's good to be positive but you base your speculation on what exactly ?

 

[ALFguy]

Re: UXA - Uranium Exploration Australia

There has been fall in price for UXA today due to the profit-taking. However i still strongly believes that there r still rooms for a boom in price. My estimation, up to 60c. Any recommendation?

I agree there's been a great deal of profit taking today.
Watched it rise slowly this morning but at the first sign of a turn, ppl sold sold sold. Simply rant out of steam, then there was a little buyer interest.

Suspect this could go up slightly but can't see it breaking 40c - there was a lot of resistance at that level with the first push.

 

[stockmaster]

Re: UXA - Uranium Exploration Australia

I agree there's been a great deal of profit taking today.
Watched it rise slowly this morning but at the first sign of a turn, ppl sold sold sold. Simply rant out of steam, then there was a little buyer interest.

Suspect this could go up slightly but can't see it breaking 40c - there was a lot of resistance at that level with the first push.

I agree that 40c is barrier with resistance, however as the estimation of mineral comes out after 2 more holes to be explored, the estimation will determine whether it will break that barrier, the reason that there is a high chance with another price boom is because there is a high chance that the estimation can be a very large significant figure relative to the company's entire capital. This is purely my suggestion. Any other suggestion in terms of price?

 

[dreilly]

Re: UXA - Uranium Exploration Australia

my gutts tells me that this wont hit new highs until the 2nd and 3rd drills confirm how much silver UXA is sitting on.

a report last month stating possibilities of silver did nothing to UXA, and the evidence of silver after the first drill sent the price up over 100%, this was without confirmation of how much silver it estimates is present at the site.

Who knows what will happen to UXA if that silver deposit is healthy. Not to mention if they hit copper, and that means,,, hellloooooo uranium, the real money melon

 

[noirua]

Re: UXA - Uranium Exploration Australia

The last trade that went through, near the close, was for 300,000 shares at 28 cents; Appeared to mop up the remaining small offers. This may lead to a stronger opening on Friday.

 

[dreilly]

Re: UXA - Uranium Exploration Australia

The last trade that went through, near the close, was for 300,000 shares at 28 cents; .

what tool did you use to glean that information noira?

 

[ALFguy]

Re: UXA - Uranium Exploration Australia

The last trade that went through, near the close, was for 300,000 shares at 28 cents; Appeared to mop up the remaining small offers. This may lead to a stronger opening on Friday.

You were saying?

While the rest of the market is soaring, UXA is sliding down a hole.
Anything think there'll be a huge trampoline at the bottom?

 

[dreilly]

Re: UXA - Uranium Exploration Australia

While the rest of the market is soaring, UXA is sliding down a hole.

everything cept JMS....

 

[noirua]

Re: UXA - Uranium Exploration Australia

You were saying?

While the rest of the market is soaring, UXA is sliding down a hole.
Anything think there'll be a huge trampoline at the bottom?

There we goes, a further large order of 310,000 shares were picked up between 25.5 - 27 cents. Hard to say what will happen now, hopefully will recover before the weekend close.

This is all about belief and the willingness to gamble. If $10,000 is a lot of money to someone then they may well be a weak holder of UXA. If $10,000 is neither here nor there then a stronger holder they should be.

The market cap at around $12 million is peanuts, so the chances of this coming off for gamblers was raised by the silver deposit results at Sloanes Hill. Sloanes Hill represents about 12% of the area of UXA's Prominent Hill South Tenement, EL3429.

 

[noirua]

Re: UXA - Uranium Exploration Australia

Moving on quickly now are UXA that seems to have given everyone a chance to get in today. A gamble no doubt and that not to be forgotten, on the other hand the odds look fair.

 

[stockmaster]

Re: UXA - Uranium Exploration Australia

Certainly given everyone a chance to gain today, however i believe the steam might still be on, there still might be more chance. Keep watching!

 

[cuttlefish]

Re: UXA - Uranium Exploration Australia

Keep watching!

Well I'm watching, but that flat line isn't very exciting lol

 

[stockmaster]

Re: UXA - Uranium Exploration Australia

Well I'm watching, but that flat line isn't very exciting lol

It does take time, i agree, but the reward might be outside ur prediction! Any prediction for the today's ending price?