UEX Corp T.UEX

RE:RE:RE:RE:RE:RE:Holding UEX back

[nastydevil97]

I think that those pounds that NXE is finding could be constrewed as overkill.  Kind of like, yeah yeah, they keep adding more so what?  We know they have a great find.  Whereas UEX is still ridiculously undervalued.  Perhaps a big discovery on the down dip, will just open the market's eyes up, so they realize that they can get 10 times the amount of shares for the same amount of money they are buying NXE for.  They could take a small profit from them (probably from the big chunk they've already made in NXE) and diversify a bit and pour some money into UEX.

I know I would be doing that if I made a ton of money on NXE and basically had house money to play with at a fraction of the cost.  Hopefully this week we'll see results.

As for production cuts, I see that coming sooner than later.  Someone is going to have to budge, and for anyone that is working at Cameco for example, hopefully any layoffs can be avoided.  But I don't think that's possible right now with no one wanting to play ball.  When those reactors come online, and there's not enough spot uranium to go around, they will have to come begging to the main producers.  I sure hope they can all agree on a number for $per pound, and stick it to the market if they want any.  Somethings gotta give.

GLTA, all IMO.

ND