UEX Corp T.UEX

RE:RE:uranium price ticking higher ...

[MegaMAxTZ]

I find it kind of amusing reading about the almost panic of why the share price is dropping. One trade of a whopping 1000 shares at $ 0.19 and another of 37K at $ 0.195 . A staggering amount of money as in $ 4000 dollars and we are worried about current share price!!!!  My friends please. What on earth will happen when this hits $ 0.50 - personnally I will yawn as the rise will have many more higher levels to hit.

Between January of 2006 and January of 2008,  over 450,000,000 UEX shares traded all above a price of $ 3.00 per share. Some as we know spiked above $ 5 - 6 - 7 per share. Now we have some share dilution since then but not that much.

So take 450 M shares at say $ 3.50 per and that is $ 1,575,000,000 of money that flowed in and out of UEX during that time period. This is a taste of the real money that is just circling overhead right now over the WHOLE Uranium sector.  Not the bits and pieces. A thousand share trade for $ 190 and we are worried......

UEX is one of a number of companies very well positioned. Roger and his team can keep drilling and trying to add to the Uranium LB total and I believe they will. Even 100 % owned Horshoe Raven will become a viable mine when Uranium prices are rising. A Cobalt deposit - world class and those LBS will grow as well within the CoEX division or when it is a new company. Cobalt is no going to zero I can assure everyone and 3 M LBS and likely many more LBS of CObalt are NOT priced into the current stock price.

With all this, time to sell @ $ 0.19 per !!!! Don't think so.

MM