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Goviex Uranium Inc V.GXU

Alternate Symbol(s):  GVXXF

GoviEx Uranium Inc. is a Canada-based mineral resource company. The Company is focused on exploring and developing its 100%-owned Muntanga uranium project in Zambia. The Muntanga Project comprises three mining licenses and three exploration licenses with a total combined area of 1,225.9 square kilometers (km2). The three mining licenses include Muntanga, Dibbwi and Chirundu, encompassing 720.5 km2. The Chirundu mining license, which includes the Njame (north and south) and Gwabi uranium deposits, as well as the Kariba Valley (Chisebuka) exploration license. The Muntanga Project contains Measured and Indicated Mineral Resources of approximately 42.6 million tonnes at an average grade of 359 ppm U3O8, containing 33.7 million pounds of U3O8, and an Inferred Mineral Resource of 15.0 million tonnes at an average grade of 330 ppm U3O8, containing 10.9 million pounds of U3O8 in five deposits (Muntanga, Dibbwi East, Dibbwi, Gwabi, and Njame), located over 65 km strike.


TSXV:GXU - Post by User

Bullboard Posts
Comment by BOCKHO3on Apr 05, 2017 11:12pm
139 Views
Post# 26083826

RE:RE:RE:double bottom at 22 cents or we drop into the teens

RE:RE:RE:double bottom at 22 cents or we drop into the teenscb30000, I hear you. I bought some more a few days ago and got a bit of a dip and I hope some funds are coming available for you as well. Seems some are looking at URA as being rather on an edge of peril. But I am in the school of a falling wedge, in which case, URA could safely go a little lower and then rebound. Would conceivably go on for up to a few weeks more. If there are beginning to be positive statements on say Cameco, or others, this could be the preliminaries of a possible  shift for the more strong uranium companies. Would love for the market to better define the men from the boys, if we have another leg up. Re: GXU, my gut says it holds at $US "around "  .178 or higher. I get that feel because of the popularity , and each time it comes in this vicinity, tho it could go lower, it holds, by hook or by crook. Like I said, its merely a gut feel, so do own DD. It would be interesting if more uranium stocks display falling wedges, which is bullish. I have been amazed how many of these track so closely together, in spite of percentage differences. I am staying long on allof mine, ( GXU, UUUU,UEC, UEX, DNN) Note that all are somehow connected to Sprott / Rick R. And I think their analysts/ researchers do have a leg up on longevity here and in gut instinct. No brainer for me tho each of these has indiv. Neg attributes as well. Wishing I had the wisdom to sell at top but have a better handle on a run up now. Some I bot very low so not losing sleep over educ. Process. These may go down as a matter of course but need for uranium willgo up. Looking at min. 2  plus to 5 years. Call it dead $ you if you want but I am glad I am in. I will trade around blocks if we go up again! Looks like Japan's big govt is going to over ride local sentiments to some degree. They do not have a ton of available cash for restarts and new reactors, but they appear to be grinding it out very slowly. Meanwhile little miners will fail, consolidation of supply will happen and need will grow. Better think about shallow mining, near permits, countries dependent on seeing new mines get off the ground, and scale. Pair all of that withworlds best management and investment teams.( Yes, I am describing Goviex) All stated here is IMO. 
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