GREY:UEXCF - Post by User
Comment by
MegaMAxTZon May 01, 2018 2:20pm
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Post# 27965734
RE:RE:RE:COBALT-NICKEL: UEX makes foray into new age metals
RE:RE:RE:COBALT-NICKEL: UEX makes foray into new age metalsI do not think that 5000 Tons of proven Cobalt is out of the question fr a 43-101 on the WB property. And they are just looking at one specific area so far. Say my meteor based deposit is wacko and we have an extensive geological based Cobalt area at West Bear. A mile away could be a twin of the current drilling area - who knows. Might be 5 more deposits...
Assuming they are not going to give the property away, 5K T = 10 M LBS = $ 500 M @ $ 50/LB
10 K T = 20 M LBS = $ 1 B @ $ 50/LB
50 K T = 100 M LBS = $ 5 B @ $ 50/LB @ $ 80/LB = $$$
This is not counting ANY Uranium. 1 for 1 would be more than doable. These companies will be worth $ 4 per share or more in 3 years. JMHOOC. But you are right this manipulation is just so obvious. DUHH to the quacks in the glass towers trading and you know who you are - gee Mark looks like we have a big Cobalt deposit - hey Jack OK time to sell because Cobalt is worthless. So is Uranium, will be worth $ 5 / LB some day - sell it sell it all. Morons. IMHO
MM