OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Sep 10, 2019 4:05pm
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Post# 30114079
RE:RE:RE:Interview
RE:RE:RE:InterviewJust watched all 36 minutes and thought Roger did a good job in this Crux interview. Covered the key projects one by one. Spoke better than at the podcasts.
No magic here as the BIG picture is the key. Uranium Spot stuck at $ 25.50. No long terms announced - yet. Cameco hunting for spot LBS has not happened - yet. Anybody that thinks UEX management is going to move the UEX share price needle in a big way before the U market moves is naive.
Cobalt reboot is coming - prices per LB for CO will rise next year significantly and CoEX will become more attractive to someone or some partner.
Cigar Lake contracts must be coming due sooner than later and if you think CCJ is going to reboot at these levels think again. Now what would a C. Lake cut in production do here. HMMM . Keep the LBS in the ground and sell for more a bit down the road. And shut down or slowing down CL brings maybe water issues back into play, maybe ??
We shall see.
MM