OTCQB:UEXCF - Post by User
Comment by
cartach13on Feb 26, 2010 2:03am
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Post# 16822345
RE: join the club
RE: join the club As long as the bottom isn't falling out of the price of uranium coupled with the fact that UEX is not a producer then the spot price has little if nothing to do with the ups or downs of it's share price. Given the new attitude towards nuclear power and as announcements about new reactors being considered, applied for, approved,constructed and completed are made then all uranium play share prices,both exploration and producers, will increase. Long before that I anticipate the share price increasing considerably because of a buyout attempt by Areva the joint venture partner and resistance to same by Cameco,a major shareholder. Hopefully then the SP will be bid up to at least breakeven for me. JMO