UEX Corp T.UEX

RE:RE:RE: Cigar lake

[MegaMAxTZ]

Yes this 4 year , 3 year 2 year thing is tiresome I will admit BUT patience is the key for the long's. All the folks on these forums are hoping that Uranium moves. It really is not an if but a when which I am sure everybody here has heard a thousand times.

This sector is tiny looking at the big economic picture, tiny. Less than 1/100 of a % with a few thousand investors maybe in this sector. Very few big funds have a stake , maybe a bit of CCJ but that is all.

When the uranium shortages begin in 2018 -  and the big utility contracts start to expire -  and the herd mentality of the Utilities takes over - and maybe some political sanction activity heats up - and Japan fires up more reactors - and Germany sees that they are stupid to shut down Nuclear and restarts - and the BIG new Chinese and other reactors need new U to fire up every year for the next 5 years - and the Orora 20 % deposit is expanded to the SW by another 200m - and the Spot price goes tfrom $ 30 to $ 40 $ to 50 $ to $ 60 + in the next 30 months. And Kazakhstan and the Swiss arm get smart and want to make money vs dumping at stupid spot levels of around $ 21/LB and change.

And then the big boys/funds with real money start ot pour in to a very few number of viable Uranium companies vs 500 in the last run.

With all this, the whole U sector is going to go crazy. JMO of course. Theoretically, when the real HYPE hits and irrational ivesting behaviour takes over and even your friends and neighbours want a piece of the U action, UEX could hit $ 15 in October of 2022. I can be patient to see that day......