OTCQB:UEXCF - Post by User
Comment by
RichardStockon Nov 09, 2021 3:28pm
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Post# 34106352
RE:UEX is the most undervalued Uranium Company
RE:UEX is the most undervalued Uranium CompanyMegaMAxTZ wrote: Very likely, this is true. Forget about getting rid of Roger stuff. Do you think he is really running the show and controlling the UEX share price ? So say Christie Lake is really Cigar Lake 2.0 - share price going to $ 2.00 on Friday - not a chance. BTW, do believe that Shea Creek is the giant lurking but that is another story for another day.
A $ 250 Million MC company is not even on the radar to most - notice - said "to most"......... but there are a few old catbird vultures lurking just beyond who have been on this path before. 500 share drips, 500, then another 500, then another 500 drip drip drip - these are $ 270 dollar trades - pretty strategic trades for little Johnnies portfolio !!! Nonsense and for sure manipuated and should be illegal and penalized........
Patience to most is not easy. But look back to October 1 ,2007 when UEX peaked. That was a full 3 months after the June 1, 2007 peak of Uranium......
This will hit above $ 3.00 per share when the new discoveries are added and the 200 Million LBS is breached. Uranium will be above $ 100/LB or $ 6.2 dollars per ounce in the near future. Think about that when compared to Gold and Silver............. $ 10 per ounce is $ 160/LB - not a big deal when it is powering over 10 % of the planets electrical grid...........
So $ 200/LB for U is not crazy in the next few years and neither is UEX above $ 3 per.
Here endeth the sermon - just sayin. We shall see.
MM
I agree, this is the most undervalued company in the basin and likely amonth the most undervalued in the world. What I don't understand is that: it was undervalued 5 years ago, and now the gap to the rest is widening. So they're moving in the wrong direction (relatively speaking). I just can't explain that. A comparable company is fission: similar, but slightly less resources - ok they're concentrated in a single project, but no infra, away from the main players. And yet Fission is 760M market cap while UEX is 277. I really don't understand. And yes, people complain about Roger and they may be right, but seriously, is Roger the reason UEX = 1/3 FCU? I don't believe that. So what is it?