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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Comment by MegaMAxTZon Apr 09, 2019 12:16am
143 Views
Post# 29600081

RE:RE:RE:Horseshoe Raven alone is worth $1.3 BILLION using

RE:RE:RE:Horseshoe Raven alone is worth $1.3 BILLION usingHey Morf, UEX not trading up with its peers - not sure I agree. Stuck at 0.15 - 0.17 per is ridiculous BUT not an indication of what is going to happen.

Not a long termer of 20 years - how many are here???..... - have about 5 years but have studied a lot of the 2005-2007 run. This one indeed is going to be different. Funds are already lining up but with not enough physical LBS in inventory.

CEO of Cameco is just not going to fire up MR at $ 45/LB for any LT contracts. Going to be $65/LB+  written LT for at least 7 years - out to 2028 - because MR cannot produce any LBS until 2021 at the earliest. Cigar Lake is done in 2028.

Why would not Cameco, who still own 13 + % of UEX not target Shea Creek for production in 2028? And HB/Raven as well - not sure if it is a Billion but certainly $ 500 Million +.

Point of all this in my opinion is the horse race has not even begun yet - those that suggest management have the full reigns of stock price are dilusional - Uranium stocks will move in big ways when the big money that is on the sidelines still right now just ready to pounce once a price of $ 30/LB for Spot is breached.

Laramide or Goviex or Skyharbour or X Y Z - or USA Ur-UUUU-UEC -  just own a chunk of all of them that is a good strategy .

Who actually really believes in electricity powered by Nuclear Power Plants ????? I do and will own an electric car next vehicle. Not a crappy little crapbox but an SUV - have several in mind in 2020.

UEX will not be at $0.17 for much longer. Days of 0.50 share swings may happen but certainly this company will be valued at over USD $ 1 Billion in the next run - an absolute certainty which is over $ 2.00 per share. How many will have sold out UEX long before then ?????????

Nobody talks about blocks of shares - better to have many smaller blocks than big chunks, yes?

MM
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