OTCQB:UEXCF - Post by User
Comment by
nantaron Apr 25, 2018 12:32pm
91 Views
Post# 27938609
RE:RE:RE:RE:RE:RE:i sold
RE:RE:RE:RE:RE:RE:i soldI don't think that there that much 'manipulations' possible with small stocks like UEX.
The buyers will come in and push the price up when there are enough holes whith grades indicating that there is a mine there.
We need a value of around $30-$40 per ton to ensure a profitable mine; and that is an average grade of around 0.1% Cobalt and some nickel. That would do it!
So far all indicates that we have 'average grades' way way over that 0.1% Cobalt.