roygbiv, apart from a short period, when a lot of posters arrived, I have been a loan poster on UXA quite often. I have bought and sold stock at times and have been buying recently at 1.8c - I'm not the big buyer though, who picked up 2.5m on Friday and a lot more during the week. My average purchase price was 4.5c until the past week when it has come down quite a lot.
Most of what UXA is doing on the drilling front and Geoscience is quite well known and though I have contacted UXA at times there is no way they can tell me anything new that is not already known by the market.
On drilling, we have to wait until the Assay Office lets UXA know about drilling results and then the market is informed. UXA have completed drilling the last 3 holes at Dome 5 and we have to wait now for results - holes DF13, DF14 and DF15 - DF15 is an important hole drilled in a new area and I suspect a few people at UXA know if it discovered any thicknesses of zinc and lead - however, not the percentages, unless they are really clever.
UXA then move on to NSW a short distance and drill for the more important copper-gold.
The above are the known basics and the financial year ends next Thursday. Fourth Quarter report is out at the end of July and I expect drilling results will be known by then.
I don't think I would be told anymore.
My sentiment has moved to 'ST Buy' purely on the low stock price.
UXA Price at posting:
1.8¢ Sentiment: ST Buy Disclosure: Held
