u us dollar 113 lb and uxa

What now? UXA have no finds of any real significance and everything depends on hope and glory in the mainly South Australian an Northern Territory tenements.

The Uranium price has hit US$113 per lb. The gamble of a find has reduced due to all the cash piling in and the reward is now all the higher.

Therefore UXA may well continue on up and 60 cents is now a GAMBLE possibility.

Any problems? Yes!
That is because there is buying of stock to have the right to buy $5,000 worth at 35 cents. That is pushing the UXA stock price up. Otherwise it should be under pressure and about to fall nearer 35 cents.

No point buying the oppies as that's a slow way into the 35 cent share offer. However, they, the options are the best way in, provided of course there isn't a sell-off after 20th April.