UEX Corp T.UEX

RE:RE:90 cents nov end

[MegaMAxTZ]

The real question is the UEX current share price at the correct level ? I do not believe it is. Wishful thinking yes but do believe it is highly undervalued. Cobalt is not even priced into the stock for whatever reason. But the reason is likely very few in the mainstream have even heard of the company UEX - who are they ??

Price should be about $ 0.30 per share right now, that is what I think following the patterns of many of the peer U companies. Remember most of these companies are going to move as a herd when U breaks $ 30 and when 232 decision is announced. Will 232 be the main reason for an immediate overnight spike in Uranium prices of at least $ 5.00/LB ? Could be.

And what about just the news of Uranium being in the news. Is that going to be an ahaha moment for a broader segment of investors. Uranium what's that ? Oh used in Nuclear Power plants. Are their any Nuclear Power plants left in the world ? Oh new ones, bigger ones are under construction all over the world. Oh really ?

What does it cost to mine Uranium all in and make money? Over $ 50/LB - oh really so it must sell for at least $ 80/LB right ? Sells for under $ 30/LB .... HMMM that does not make sense how do these companies make any money ?They don't or are subsidized by state government

This is all just nuts . UEX at  $ 0.90 by November may be a stretch but who cares anyway. Sell everything at $ 0.90 is crazy. Uranium will hit $ 100/LB some day in the future again. Wish it was the fall but will be out a few years. When Uranium hits $ 100/LB whether a spot spike with LT at around $ 75 what will UEX be at ? $ 0.90 or $ 3.00 + ?? Believe the latter........

MM