UEX Corp T.UEX

Uranium Market Cap Under 8 Billion

[MegaMAxTZ]

End of January 2020 and Uranium Spot still around $ 26/LB . Now this goes to show how NOBODY following the Uranium sector really know what and more importantly when things are going to get rolling. Rest assured they will though.

In January of 2017, pretty much all the supposed "experts" almost all of them would have predicted that by now in February 2020 things would be rolling along and most of us would be starting to count some more serious $$$.

Point of this comment is that again NOBODY in January 2004 predicted what would happen between 2004 and mid 2007.

So here we are - the Market Cap of all the companies listed & focused on Uranium is currently at about $ 8 Billion. Not counting Kazak's.  From Cameco at $ 4.6 Billion right down to Alligator Energy....!!  at $ 2 Million - about 54 companies.

Nuclear Power is pretty important around the world and it is not going away any time soon.  Makes up about 10 % of the world's electricity. The global economy is about $ 68 TRILLION dollars per year or $ 0.068 QUADRILLION dollars... And we have this tiny list of Uranium companies involved in Uranium that is a key component to the very existence of the global economy. Let alone helping to keep the planet clean which is a whole other topic.

This group of people - our group that reads and follows all this stuff is pretty small - a few thousand I would say. Many want to make the big 5 X and 10 X. 20X, 50 X , 100X + and more. Of course including this one. But many are not patient and as this drags on, many are bailing. You can see it in many of these companies charts including UEX - all following the same current pattern.

Almost all of these U companies now are in a similar path to start 2020 - slowly declining to lows that nobody is happy with. But the silver lining is Nuclear Power is here to stay - they need Uranium to function - mined LBS are now far less than consumed LBS and nobody is making any money at around $ 30/LB whether Spot or LT. What if Cigar Lake now is pulled for a couple of years from 2021 to 2023 ?? I would rather LT for $ 68/LB + rather than being in the gutter at low $ 30's/LB. Cameco listening ?? 

It will only take about 3 months for many of these stocks including UEX to  3X or 4X and then the profit taking, pull back and then the larger climb to higher share prices. Large funds cannot just jump into this sector and pour in $ 5 Billion dollars - companies are just too small.

Some companies are just more special than others right now and UEX is one of them . Must get the " Official Pounds" of Uranium above 100 Million (now Roger) on the site and in all the Marketing material. Cobalt is going to begin it's move back up as well so CoEX will also become more valuable whether within UEX or as a separate company. Bill Gates could scoop this up and not even blink - maybe he will ??

Market cap of UEX will be beyond a Billion at some point in the future - no question. Do the math on what this does to the share price. Some details on the UEX/CoEX Cobalt and Nickel and other rare earth metal deposits and the reason why they exist is pretty unique and more comments coming on this topic. Good stuff around the corner folks.

MM