GREY:UEXCF - Post by User
Comment by
norontrules1234on May 02, 2019 6:45am
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Post# 29699086
RE:RE:RE:Excellent: Must Read: UEX/CoEX: Spin-Out Soon? Takeover/M&A?
RE:RE:RE:Excellent: Must Read: UEX/CoEX: Spin-Out Soon? Takeover/M&A?They need to split, everyone, including the BOD knows this. I do not understand why anyone thinks splitting the company is selling shareholders down the river. Splitting or spinning DOES NOT mean selling!!!
Split means coex and uex would then be free to trade/raise/merge/acquire on their own accord. the cobalt discoveries are getting too signficant to hold in the uex back pocket.
MM as for the high grade, you continue to miss the point. Roger has proven the high grade in the initial 43-101 of WB, what wasn't proven was economic pounds in the ground. A cut off of .023% was established and is in line with other world class deposits. Now the name of the game is to increase the resource based on results that exceed the .023. this is easy to see if you read the news releases.