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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 ssthvon Jan 05, 2018 5:02pm
107 Views
Post# 27293893

RE:Such BS. Can't believe this is trading anywhere near valuati

RE:Such BS. Can't believe this is trading anywhere near valuati
preciousminguy wrote:
of some other wannabee uranium companies. This has 3 large deposits, 220M pounds with a very small amount of their land package explored. Best management team in a the sector, and a MC of what 80M. What an f'ing joke. Whoever is the market maker / manipulator for gxu is really starting to piss me off. Get dropped by a penny at the close. Such a bloody circus. Markets are such sh*t and BS these days. All the good news in the last 2 months and the stocks are still in the shutter. Yet you can find an f'ing weed stock for less than a few BILLION. Crypto is a load of cr_p, with no regulation and used by bloody criminals and warlords yet their valuations are thrown the roof. These markets are a JOKE. Sick and tired of this SH-T


I can understand your frustration but don't forget one thing. The market is not that dumb. I am pretty sure the location of the future mine plays a role in the valuation of the company. If NXE is worth a billion dollars with not that many more pounds in the ground, there must be a reason. I believe this company will shine when it signs some off take contracts but we are not there yet. The all in cost is not as low as a few companies out there. Be patient, your time will come, but it may take a year or two.
Bullboard Posts