Bullboard - Stock Discussion Forum Uranium Energy Corp. UEC

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Uranium Energy Corp. (UEC: NYSE American) is an independent U.S. uranium mining company. UEC controls 104M lbs. of qualified resources and a fully permitted uranium processing plant in South Texas. The Company has a potential production profile of 4 million pounds of U.S.-origin U3O8 per year with room to expand. Chairman is former U.S. Energy Secretary, Spencer Abraham.

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Uranium Energy Corp. > UEC

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Post by ustocks on Nov 22, 2022 2:05pm

UEC

mirrors the old UEX imo but with more volume.

high taget prices.....remember UEX $1.10

and now UEC $8 and it cannot even reach 50% of that.

UEC moves within a long drawn out symmetrical triangle

what do you say?

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Comment by mangoe on Nov 22, 2022 3:04pm

You have a good point , but inflation fears & fed raising rates & the War in Ukraine has taken a lot of steam or energy out of the uranium space despite the supply & demand numbers. I think it was Rick Rule that was talking about a RipYour Face Off Uranium Bull market rally that is coming. On John Quakes twitter page he posted an artice where someone is stating that this Uranium Bull ...more

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Comment by ustocks on Nov 22, 2022 3:30pm

what else can he say ,he is a CEO, he cannot say $50 and that`s it, his shareprice would sink like a stone. I remember ,must have been 2016 Rick Rule ,and the former Fission Ceo in a bar (youtube video) and RR said (we are getting stinking rich) has not happened, RBC ,I think it was in 2021-- by the end of 2021 we see $80 spot ,has not happened,RR ...more

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Uranium Energy Corp.