OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Aug 16, 2017 2:22pm
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Post# 26588674
RE:RE:UEX Current Valuation
RE:RE:UEX Current ValuationGood point MBT. Christie Lake was not part of the equation 6 years ago. The flurry back in mid February of 2017 really shows how coiled this whole sector really is. How quick does it go from spot $ 20 to spot $ 60 ?
The way utilities buy has changed as well in 6 years.No way anybody in a utility is going to sign long term at say $ 80 right now. How big the surplus reallly is right now is also a ? But I believe this technical " surplus ' will dry up very fast when the domino's start ot fall.
Would be pretty wild to see UEX at more than $ 10 if the Chrisie Lake becomes another Cigar Lake 2.0 and spot goes to $ 100 due to the Black Swan catalyst that nobody can preditc yet. Now THAT would be a game changer.