UEX Corp T.UEX

RE:RE:Uranium spot down today

[mangoe]

MightyMorf wrote: That might be why T.U took an afternoon dump.   

I am not surprise, Cameco promise to purchase x amount of uranium by the end of this year on the open spot market, so it was predicited that uranium spot price would be north of $30.00 per lb by years end, so Cameco stock price was raised to be at x amonut of $ in approx 12 month time, Cameco 12 month  stock  price is being lowered by some analyst because they did not follow through with these huge amont of  uranium purcahse on the open spot market that would get the uranium  spot price over $30.00 per  lb by years end, plus they are watching uncle sam the Trump administration says he is going buy uranium from domestic producers here in North America, so we get more procrastination from Cameco.

Do you really think  Cameco want to take shareholders money to buy uranium on the open spot market and hoard uranium to drive up the spot price? I don't think so, they would rather have the   company that need uranium buy and drive up the uranium spot price, they would rather take their own company cash to increase shareholders quartly divi payment.

It is like mangoe need price of uranium to go up and everbody mentioned her, but mangoe is watching MightyMorf, MightyMorf is watching Destinator, Destinator is watching MegaMAxTZ,MegaMAxTZ, is watching Shenty, Shenty is watching Greenie,Greenie is watching reiter15, reiter15 is watching wateroperator, and so on and son etc.


Oh! and there is a squeeze so we all don't have to buy because the big squeeze is coming to drive up the price of uranium with the parobolic shift straight up, instead of folks just do the obvious and start to buy uranium to get the price up so we can all benefit.