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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Bullboard Posts
Post by bottomtrawler01on Oct 26, 2018 11:22pm
111 Views
Post# 28881455

COEX

COEXDo you guys all think that the coex spinout will produce the biggest returns for investors?

 I have owned uex shares off and on since it was pioneer metals. I started reloading about 4.5 yrs ago and am now to the point where my portfolio is embarassing lopsided with uex. I've been waiting a long time for this red headed step child to pay off, and I can wait longer. Every dog has it's day right?

 My question to this board is if you think the spinout will produce the biggest returns for share holders? 
 In the event that west bear isn't a massive cobalt deposit(yet to be determined but admit it, we were all a little dissapointed with the n143101), would the company be better off to sell the property to an existing cobalt company(with some royalties contracted in of course)?
  I have no idea what its worth $25, $50, $100 million? And take that money and stop dilluting and drill the $hit out of that christie lake claim so we have enough pounds in the ground that someone like cameco would want to buy in?

 I was told the claim was coveted by many and camaco was even a little salty thay uex beat them out. I heard that second hand so take it for what its worth. What I do know to be fact is that we paid big bucks for it. Hopefully for a reason.
 Obviously we need to be certain of the actual size of westbear and vicinity deposit(s) before it was sold but what do you think? Would finding a couple hundred million more pounds of U be more beneficial to the share price than a spin out would return investors?
 Thoughts?
Bullboard Posts