GREY:UEXCF - Post by User
Post by
norontrules1234on Sep 20, 2018 8:25am
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Post# 28653564
For crk
For crkcrk, you asked why I thought UEX would be moving up. Here you go: 1. We now know why the stock was trading down over the past few months. Raising money isn't easy and we accomplished this above market. 2. The PP was completed at .21 cents, without warrants. FT or not, the stock will rebound fairly quickly to this level. I suspect .20 to .23 cents by next week at the latest. 3. Seasonality is only a few weeks away. UEX will catch up with the recent U3O8 rise. It's clear to me that the PP was the reason we haven't moved with spot. 4. UEX is drilling and scheduled for completion end of september. 5. Directors/BOD have options at .27 cents. 6. Sorenson exercised a gazillion options at .20 cents. If .20 cents was good for him, it's certainly good for us. 7. There is still a chance this PP was to replenish existing funds that may be used to buy up some URA shares via block. 8. Updated RE due soon. 9. UEX/COEX split. This is coming and by the biggest catalyst for UEX. I think 2018, if not, Jan-Feb 2019. I can continue but you get my drift. There has probably never been a better entry point for UEX than right now IMCO. Good luck.