GREY:UEXCF - Post by User
Post by
rarb123on Jul 22, 2020 6:46am
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Post# 31300383
UEX is a Unique Uranium Investment Company - Why?
UEX is a Unique Uranium Investment Company - Why?$UEX has numerous resources, cashed up, well into 2021;
Headed up by Roger Lemaitre, P.Eng President & CEO 30 yrs experience Led Cameco’s Global Exploration Projects Team.
In a stronger Uranium markets, large premiums are available to resource-laden companies, UEX with its vast and unique package of resources will have the most room to move.
The odds matter and UEX has better odds than most as UEX claims were stalked under the guidance of their biggest shareholder Cameco.
Experience Matters - An Experienced Team with 420+ M lbs U3O8 of Discoveries & as Roger says; "Through up cycles and down cycles the next discovery company ALWAYS does better than the producers and developers"
Additionally I am excited by West Bear, Christie Lake, Shea Creek, Hidden Bay, Black&Riou Lake & Horseshoe/Raven which are potential Game Changers never mind that UEX has another dozen grass roots projects which can be JV's. - Christie Lake - Only junior explorer between the world’s two largest and highest grade uranium mines
- Shea Creek- Unparalleled Growth Potential
- Hidden Bay Project - Extensively explored for classic unconformity U deposits before UEX • Shallow - 0 - 200 m sandstone cover • Unparalleled basement-hosted U potential • 14 drill-ready basement targets identified
- Horseshoe-Raven - Development Ready - Indicated Resources 10.3 Mt @ 0.154% U3O8 = 35.04 M lbs U3O8 Inferred Resources 1.11 Mt @ 0.111% U3O8 = 2.71 M lbs U3O8 50-450 m below surface Direct access grades, conventional mining amenability and absence of water challenges Heap Leach Amenability - bench-scale test needed 2011 PEA suggests US$45/lb break-even.
In Summary; - 1st in class #Cobalt #Nickel Deposit
- 19 #U Projects
- 10 #Uranium Deposits
- 99.5 Mlbs U3O8 & counting
- 294,565 ha massive land package
- Exposure to Discovery Potential with lower risk mid-stage opportunities
- Claims stalked under guidance from Cameco
"Through up cycles and down cycles the next discovery company ALWAYS does better than the producers and developers"