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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Bullboard Posts
Post by KansasCrudeon Jan 09, 2009 5:45pm
954 Views
Post# 15695296

Vulture Boy get real

Vulture Boy get real
You think Cameco wants a buyout of their ownership in UEX? You kill me..... do you do stand up?  They have the share because they have been a ready investor, project partner and co-owner with UEX.  Right now with CIgar Lake in a seemingly perpetual mess due to water encroachment they are probably looking at UEX as their ace in the hole.  I don't know what kind of covenents they have with UEX on buying more shares but just last year they stopped a shareholder rights deal that management wanted to get in place to protect  minority stockholders. The reason is that they are a likely takeover candidate of UEX down the road and don't want to have to pay anymore than necessary to take UEX out.  I have no doubt at the end of the game Cameco will be one of several bidders for the company.  To want out now for a fraction of the value of the company is rediculous. 
Fly away and do your dumpster diving in a darker environment or pay up for the shares and look at the tremendous value UEX represents.

This is my last comment to you. 
Bullboard Posts