I spoke to Graham,UXA company secretary yesterday...He sounded like a nice guy and I was glad he retned my call the same day after I had left him a message...
Nothing new really to report but I am happy to hold UXA and accumulate at this level...
He said that the drilling business was doing fine,on track,did not give me details but said they were diversifying to drilling for coal and iron ore also,,,,He said they had a job drilling I/O in South australia...IMO the more commodity types they can drill for the bigger the potential market and the busier they SHOULD become....thats positive news,,,
I asked when we will drill the NT for uranium and he said it would most likely be June after the wet season..
All in all we will need to hit something at the dome or with Straits in SA in order to see a recovery in SP IMO...I like buying low and selling high so i look FWD too drill results..
dyor
UXA Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
