UEX Corp T.UEX

RE:RE:RE:RE:RE:RE:RE:RE:uranium price ticking higher ...

[MegaMAxTZ]

So Yellow Cake is up just over 20 % since it launched. This is a very good sign of what is to come. I am not too concerned with URA at all - whether they dump UEX or keep it.  Yes dumping to get rid of shares at low ball prices is painful to watch and opens up opportunities to buy more.

I mention Yellow Cake because this group here probably know more about Uranium and the Uranium industry than 99.9 % of the general public. UEX is not even a blip on anyone's radar - other than us.

So much money in the world - focusing on so many industries. Got a list the other day in Forbes - top 100 celebrity earnings over the past 12 months. Number 62 made over $ USD 44 Million. And that is just a celebrity list. $ 10 Million dollars buys 50 Million UEX shares...........

I bet 99 out of the 100 have investment advisor teams investing their money. How many of those follow the Uranium industry - not very many likely. Madonna is worth $ 650 Million FFS...... Could take a controlling interest in Cameco if she wanted.........

So what is my point - moving the needle on companies like UEX is going to take the money herd from the masses. When it comes and it will - THAT is when things will get interesting. Even $ 10 Billion dollars distributed to all the U companies will be happy times indeed. The money is coming.

Folks mention here about $ 0.50 per share - how many will have bailed when it hits that level ? I am holding out for much much higher because it wll be.

On a side note, I do believe that McCarthur River and Cigar Lake are connected to the same geological events with Christie Lake sitting right in the middle. Keep drilling to find the next Orora.

MM