uxa on life suport, page-4

Trading isn't much but that does give La Jolla Cove a good chance to get a lower 3 day average and 20% discount on top.

Directors aren't coming in to buy stock with little being traded and that does not inspire confidence.

Drilling results for uranium in Arnhem Land look to be increasingly more crucial.

As said, at some point UXA must sell GAA Wireline if they cannot get a partner. Possibly they must let the USA side go completely with PFN World Rights outside Australia -- that could give around $2 - $3 million and badly needed.

UXA have 51% of Arnhem Land tenements and they must be looking to give another 21% to RIL Australia. Maybe they'll get more cash for further drilling in return.

Despite being a shareholder in UXA I agree with others that confrontation with reality is closing in on UXA Resources.

I do not know what sentiment to have if the directors do not buy lots of stock.