OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Oct 03, 2018 4:49pm
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Post# 28740600
RE:RE:RE:URA
RE:RE:RE:URAYes and no painful as this unfolds. Overall trading volume is still quite low which is a good thing. Many on the sidelines are watching we assume.
40 Million shares trading per month seems to be the threshold of when more real action and attention is taking place. Look back at January of 2017 when 46 M traded - what was the big news ? No real big announcement at that time other than a bit of a temporary blip up with spot U.
Imagine then when 2 things happen - the spot Uranium price continues to climb and jumps beyond a price of $ 30/LB which it will AND some new UEX drill news with more good results or better yet another sister to Orora with 20 % over 9 M + on the CL property. Should happen any day - I predict next Tuesday October 9 th.
But then what as many are focused on 0.19 or 0.215. My opinion is who cares - dollars not pennies is and should be the mantra. Let's say this hits $ 0.40 per in the coming months - everybody going to cheer and sell everything ? Hope not as this will be just the next stepping stone to FAR higher levels.
MM