RE:Have your friends attend and record Roger's presentation. A lot of UEX shareholders are angry at Roger because of the poor performance of UEX stock, do I blame Roger? no, it is the never ending uranium bear market that he does not control,and the big correction that we just had in Cobalt, when we started to drill our Cobalt property, yes I understand we miss the Cobalt ran up to $43.00, but we don't live in a perfect world.
The good news is according to all the uranium expert ad analyst we are in the beginning or the early part of a uranium bull cycle or market, and the longer the uranium bear market, which this one was, the more violent and prosperous and profitable the uranium bull market will be, the uranium spot price went up on the last day of February, March could see some uptrend in the spot price.
Good news Cobalt peaked at $43.00 and corrected at $14.00, and started to go back up, this could be a dead cat bounce and test the $14.00 price range again, but overall Cobalt price is expected to go up this year and in the years ahead in the future, according to all the analyst expert in the mining metals sector. We receive good Cobalt drilling results in February, and we hope to get more good Cobalt drilling results son in March. Roger our CEO AKA (also known as)
Roger Rabbit said the company will spun UEX into COEX (a new cobalt company the website is up already
https://www.coexmetals.com/), just like when PSM Pioneer metals gave birth to UEX and the stock ratio for that spun off creation was 1 for 1, and PSM was bought out for a $1.00 a share. I expect 1 UEX for 1COEX and a buyout of COEX at $1.00 on the conservative side anything above that is even great.
Good news URA almost complete selling all their shares of UEX , they had over 30 million shares in one stock UEX, now they only have under 397,000 shares of UEX, this balancing transaction had a negative impact on the entire uranium sector.
Good news our CEO Roger Lemaitre is also known as ROGER RABBIT, and rumor has it that he loves carrot , all you have to do if you attend any meeting with him and he seem kind of stiff, just offer him some carrots to loosen him up, he can be a warm and fuzzy CEO kind a guy, he is very smart and we love the Rabbit, long live the Rabbit.