OTCQB:UEXCF - Post by User
Post by
reiter15on Jun 15, 2021 7:38pm
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Post# 33393245
uex corp
uex corp last year the targets from Sprott and RedCloud were at 45 and 50 cents That was without any additional pounds added.
Now we have the deal done and the target went up to 85 cents (RedCloud maybe in the next few days)
RedCloud had their target set at 80 cents and in their latest report (prior to today`s announcement) (they mentioned that UEX will have to pay more for the assets. )
for me it is a buy for others a sell/or hold
Sprott`s take:
Sprott reaffirms BUY with C$0.85 Price Target on $UEX Corporation as "revised terms on the JCU transaction still represent one of the most unambiguously positive M&A transactions in recent memory