uxa shares descending ever lower, page-5

One more thing for new investors------YES this is high risk...No I would not put half my money into UXA

BUT

-Its at multi year lows
-It has a GAA wireline business purchased for nearly 9 million, profitable this year
-SRQ pain a few million to get 70% of 9 tenements,,,,so if they hit something commercial UXA will be a ten bagger long term
-If we hit uranium in out 50/50 JV later this year it will be a possible 10 bagger...

negatives are that the convertible notes will have a downward pressure on SP but if we get any good news the share will rally....

If I had a friend with a few k who wanted a long term share with potential I would recomment UXA no issues