UEX Corp T.UEX

UEX Valuation - CoEX Cobalt Valuation

[MegaMAxTZ]

Interesting from what is now on the UEX website -  the map of the WB Cobalt deposit is now more simplified BUT expanded with no specific drill hole values. Looks to be pretty big beyond any drilling done so far.....

So is UEX actually crafty and dangle the carrot about what is out on the (whole) WB property....forget what was announced today about the existing current deposit, I have written before and will restate why is CObalt even here!! An ancient Cobalt Ocean Crust. Some WB holes showed MAJOR Cobalt values over a number of meters. WHY ? Because this whole area is loaded with Cobalt deposits, that is why. 

Spend  $ 20 to 30 Million on a true vast drilling campaign and will find several Billion dollars worth of Cobalt and Nickel on the WB UEX Owned land. Maybe more. Let's be blunt - wishful thinking of course but no reason for Cobalt to be here other than A LOT of Cobalt is here. Team up with a major and let's get this puppy rolling. Not much more dilution, fund the next Uranium drilling and Cobalt drilling campaign and make this the next Billion dollar company.

And yes I am guilty - UEX is a Uranium company sitting on a boatload of Uranium in the Ground. WIth a true Shea and Christie Lake update - likely well over 200,000,000 LBS under the umbrella and not 100,000,000 LBS 

When the Uranium spot breaks and with UEX at $ 0.25 per share will be a steal. Ridiculous as in ridiculous this company is not already north of $ 1.00 per share. And no do not wake me up when this happens.

To the other 12 UEX shareholders who follow these links, hold on to your hats. But be patient.


MM