UXA 0.00% 0.0¢ uxa resources ltd

Biggest Loser,,,this is from an old UXA report.....As far as I...

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    Biggest Loser,,,this is from an old UXA report.....As far as I understand they refer to their drilling as logging as they do not use conventional drilling equiptment BUT they get the same results or "hopefully better"....

    Their technology is being used to search for several different resources including iron Ore, Uranium ect ect...I am not sure I completely understand your post,,,They are a drilling company,,,,


    "During 2010 and in early 2011 GAA Wireline’s logging business in Australia was severely
    impacted by the very wet weather conditions which halted clients’ drilling programs. This situation
    has now improved considerably and clients’ catch-up drilling programs have resumed in GAA’s
    principal areas of operation in Queensland and South Australia. GAA Wireline is currently
    operating on long term logging contracts in the following diverse industries:
    Iron Ore in South Australia and New South Wales
    Coal and coal seam gas in Queensland
    Uranium in South Australia and Northern Territory
    Uranium in the United States of America
    In the United States of America GAA commenced logging operations in December 2010 and in
    April 2011 announced the signing of a new 2 year logging services contract with Cameco
    Resources, a wholly owned subsidiary of the major international uranium company Cameco Corp
    (TSX:CCO, NYSE:CCJ). GAA is exclusively providing Prompt Fission Neutron (PFN) logging
    services at Cameco’s Smith Ranch-Highland uranium mine in Wyoming and at two other long
    term projects in Wyoming and South Texas."

 
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