OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Jul 17, 2020 2:15pm
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Post# 31282423
RE:John Quakes on Uranium
RE:John Quakes on UraniumI believe what folks need to realize and this includes me as I was not involved in the 2005 to 2007 U period.
This nice Green board link from Quakes today about all the U companies is NOTHING and I mean NOTHING compared to what is coming down the pipeline. There are just not that many Uranium companies to invest in. Most are small as in too small for the larger funds and $$$ to make a play.
Whoever first said that when Uranium goes, it is like the Hoover Dam flowing through a straw - just not enough places for the flow to go. Love that line. Casey I believe first said it.
These small daily penny steps up for these U companies including UEX from $ 0.15 to $ 0.16 will be laughable when the real action starts to take place, mark my words. Dimes per day will be the norm vs pennies.
Even if one bought UEX at $ 0.08 per, why on earth in this pending explosion of action in the uranium market would one sell at only $ 0.16, just don't get it.
Do the math - even 100,000 UEX shares at $ 0.08 is $ 8K - sell at $ 0.16 to make $ 8 K - Big deal. Wait for the real action, that is just my opinion of course.
And just wait til fall this year. Boy oh boy. Or as some Bears will say on other boards, plenty of Uranium inventory around the world - prices will stay flat at $ 32/LB until 2025 at least. No need for new Uranium mines. Sure, Right, have a nice day watching the Oceanside sunset in Manitoba.....
MM