OTCQB:UEXCF - Post by User
Comment by
Tradesmanon May 26, 2010 2:33pm
617 Views
Post# 17133176
RE: seems like a good price
RE: seems like a good priceAs far as UEX is concerned, Cameco still has a 21.4% interest in them. So this will always be a double-edged sword, IMO, as with some other sponsored junior companies (notably Eastmain Resources).
In the past, though, the UEX share price has performed well and I fully expect this to be the case in the future, due to its solid financing and extensive property holdings, I would think that UEX is much less speculative than many of its peers.
As for today's price action, it's quite obviously "buy on rumor, sell on news" but let's see what happens tomorrow!