UEX Corp T.UEX

RE:Cobalt price is back down to $88,000t or $39.92lb

[MegaMAxTZ]

Actually not true - Cobalt is still at $ USD 42.30/LB - trust me  I buy at the real levels.Not that a price difference of $ 3.00/LB really makes a difference who cares - Cobalt is rising and will be above $ 50/LB soon. Groan for me.... 

And UEX has a true play Cobalt deposit At WB. A primary mine. An open pit mine no deeper than 200 to 300 feet. I do know that NXE and FCU are quite envious. Only Uranium and no Cobalt ...They did not get the Cobalt/Nickel asteroid hit......

But what is really interesting is the Uranium play at UEX - is Christie Lake the total target or maybe Shea should be given as much attention in the West. Totally open in all directions.So much more Uranium will be at FCU levels or above very soon.

CoEX will be at least $ 200,000,000 or more with WB Cobalt LBS - half to UEX dividend and the rest to Shea to really expand - could be 1/2 Billion pounds on scale of NXE. And then expand Christie Lake to the south. Another 400,00,000,00 LBS and Christie Lake sister is 2.0  to Cigar Lake. 

You guys know Roger what is happening. No double dipping - just the grades.  Exercise options and watch the rise.

To the RBC and CS people's,  brace yourselves because this puppy is somewhat undervalued - I WILL DO A GREENVIEW - AND DO YOUR OWN DD AND IMHO UEX IS VERY UNDERVALUED...THE BEST OF THE BEST AND SPROTT IS VERY FOCUSED AND KNOW...

INMMHHOPP

MM