OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Dec 14, 2018 2:08pm
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Post# 29117166
RE:RE:RE:Price manipulation continues
RE:RE:RE:Price manipulation continues Agree the communication and a bit more exciting presentation for CoEx would be helpful.
This company is certainly a very undervalued gem or horse to go back to horse racing. But unfortantely as a Uranium investor which I am, the street still has no clue about Uranium investing. Maybe one in 10,000 people or 1 in 100,000 people know anything about Nuclear Power other than it must be bad as in Nuclear bombs which is nuts. And the majority of folks have no clue that Nuclear Power is such an important part of the grid. And Carbon free to boot.
And then ask Joe public how does a Nuclear Power plant work ? 99.99 % will not know. Those that do may say Uranium but out of that very small group, would they know anything about Uranium mining and exploration companies ? And then name some companies in this Uranium business. Very few would even know Cameco. Kazatomprom - what's that a Kayak brand ??
And then as a topper, have ask if they have ever heard of UEX ? Currently a company with less than a $ 100,000,000 market cap in Saskatchewan. Bet you less than 1,000 people in all of metro Toronto would have ever heard of UEX. Then even if this company has a high grade world class Cobalt deposit most would say " oh really what's the big deal" and keep walking to Starbucks.
Frustrating - you bet it is. CDN $ 0.17 per share as I have said many times - ridiculous. Fortunately this group (here) has picked a very good horse to bet on. And it really is not a bet in that sense. Electricity is not going away until at least 2200 - actually no it is not going away ever at least in our great great great grandchildrens lifetimes.
Over several Trillion dollars of Nuclear Power plants around the world will be around for a long long time. And they need Uranium. And no company currently makes any money mining Uranium. And this business of U edging towards $ 30/LB is like watching paint dry. Drip, drip , drip. Just get to $ 60/LB and let's get this party started...........
But when this goes and it will, it will be explosive. Rip your face off as one guy said. Hoover dam in a garden hose as another said. When U goes, where and who do all the Billion dollar hedge funds invest in ? In what company ? Not enough companies to invest in. Shares of a number of Uranium companies will go absolutely crazy. This company is one of them.
And oh BTW, one of these U companies also has a potential Billion dollar Cobalt deposit as well. Company is called UEX and UEX is THE most undervalued company in the Uranium sector. And this individual has a few shares and counting. 2019 is the fourth inning of the game. Nice to have a front row seat.
But just get on with it and find the many many twins of that 9.90 % Cobalt drill hole at WB, Roger and team............!!
Happy Friday.
MM