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UEX Corp UEXCF



GREY:UEXCF - Post by User

Bullboard Posts
Post by KansasCrudeon Jan 09, 2009 5:45pm
955 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