UEX Corp T.UEX

How Long until Cameco tries to STEAL the rest of U

[KansasCrude]

VIbes are there!  The new CEO of Cameco (Gitzel: as in Get zem to  price Hades so they Sell cheap) has already demonstrated his thieving nature with his rediculous lowball bids for Hathor.  He was outbid by Rio.  I have no doubt given the Shareholder rights plan Sorenson is working on is because they fear Cameco will try and steal the balance of UEX.  I fear the same and wonder whom will respond if the offer is made?  Areva is hamstrung by the Euro financial crisis and is very short tem oriented.  They do not appear to be in a production growth mode

We have to be near the bottom of the U cycle as it appears the shorts continue to fiddle with shares in the complex trying to drive the further down prior to the expiration of Megatons to Megawatts. Who knows Cameco could be complicit in the shorting and price manipulation of UEX trying to steal weak handed shares. Sure U still has warts for many but  the value is huge compared to the market caps.  While a lot of our patience has worn thin I am not selling and still adding on days like today.

GTLA to all UEX longs.  Cameco not so much