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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Bullboard Posts
Comment by MegaMAxTZon Mar 24, 2018 5:46pm
100 Views
Post# 27776214

RE:RE:This needs to happen for a surge in UEX and future CoEx

RE:RE:This needs to happen for a surge in UEX and future CoExAgreed. I think destinator once made the analogy of a building on it's side.  We have almost 30 feet with grades over 2.00 %. How big could the building be containing Cobalt.

Each Ton with 2.00 % contains 40 LBS of Cobalt at 2020 prices of at least $ 55/LB. $ 2200 per ton.

How many tons of rock to mine - 100,000 tons maybe or more ? LBS will certainly add up even at only 1.00 %. Throw in a few Cobalt veins of 5.00 % or even 10.0 % and now we are talking.  What if they find a drill hole with  highest natural grade of Cobalt ever recorded anywhere on earth. Possible. That will certainly make the news.

MM 
Bullboard Posts