re: Ann: UXA and Rey Resources Sign Myroodah ... A worthy gamble on the new tenement in WA coming to something, uranium wise that is.
Sensibly though, it is an old exploration area that came to not that much in the past and UXA probably hope their newer technology, newer than was used in earlier exploration, might turn up something that was missed. Looks an outside gamble but worth going for.
Crystal Creek, Ngalia Thrust, NT, as said before, looks to have been left to procrastinate or more likely, left hoping for a good partner to turn up.
Geoscience plus the drlling gamble looks OK at under 7c a share and that's what they are, as of posting.
Personally I'd like to see them invest more money in a solid return investment to make raising more cash for drilling a lot easier.
Investors have seen a 3.8c low and 51c high in this stock and at present most will be feeling pretty miserable, me included.
Buck up UXA directors as your drilling efforts are lacklustre.
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