UEX Corp T.UEX

RE:uex should sell coex metals after increasing resources

[bottomtrawler01]

I have to agree with shenty on this one. I invested in a uranuim company not a cobalt company. It's hard enough to find the time to keep educated and up to date with one commodity never mind two. And for those of you that are dreaming of $9 dollar uex share prices again, keep in mind that when that happened during the last U bull, uex only had a little over 30 mill shares outstanding. Less than 1/10th of what we have now and we don't have 10x the lbs in the ground that they had then. I know bear markets cause dilution with the juniors and I also know that we have no debt, but I for one am tired of it..
F u c  it, sell coex, stop diluting.

https://www.stockhouse.com/companies/bullboard/t.uex/uex-corporation?postid=28881455

shenty46 wrote: I think the best way to increase the value for shareholders is to get additional drilling done to increase cobalt resources, which may be at least three four times more, and sell coex metals may be for 200 to 400 million dollars, and keep the money with the company. With such a big amount with the comoany uex will simply quote at 1 dollars, and will need no furher dilution to fund hidden bay or christie lake projects. This is the way to go, i think i will let my suggestion emailed to the company.