Another crazy thought Something New in the Uranium space
It looks like many people are now seeing the Sprott effect on the marketplace... Lots of U stocks up on the ASX last night and UEX did well on the Frankfurt exchange... So since this is the start of a run up of U3O8 price lets think outside of the box and see how UEX may be positioned well for a possible future...
As you all know UEX has many different land packages at various stages of development.. Roger has stated that they are open to offers from many different sources, but they must have a realistic chance of participating with UEX.. The reason is because if they enter into an agreement and it doesn't work out it could orphan that property.. I other words do they have deep enough pockets...
Now for the crazy thought..... Since Uranium prices may spike to crazy levels MAYBE a company like Exelon, Duke Energy, etc would option a percentage of a piece of a property like Hidden Bay and help to fast track output...
This would not be exclusive to just UEX but UEX does have a lot more options than almost all others at this time... But it is still early and this kind of thought is very crazy at this point in time.. It all depends on how desperate the Utilities get.
DO NOT COUNT ON THIS IT IS PURE SPECULATION!!!!
DYODD