OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Jun 04, 2019 4:35pm
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Post# 29798210
RE:RE:RE:Expecting a price of 90 cents by nov 2019 end.
RE:RE:RE:Expecting a price of 90 cents by nov 2019 end.Unlikely to see $ 0.90 per in November but it is possible. Of course we want to see it but what would really cause this to happen ? And who would sell the whole tranch of shares at this price ???? HMMMM? Anybody ? Not this trader but might stick a toe in the water just for fun. At the mid $ 2 range then might float a few out.... Because this one will be hitting $ 3 + down the road into the REAL run. Is UEX really one of the most undervalued Uranium companies - I think it is based on U LBS in the ground at multiple deposits - Cobalt/Nickel and COEX spinout to existing shareholders - not new shareholders as Roger clearly has stated. But this 232 deal is the elephant in the room. The US simply cannot import much longer 99 % and possibly 99.5 % in 2020 of Uranium for the reactor fleet. It is an absolute certainty that some changes will be made to US made Uranium, especially for the military vessels. Nobody is buying - no LT contracts - no real spot LBS on the shelves nothing is happening right now as we wait. And into the summer doldrums with bigger traders coasting along in summer mode. Paralysis by all the players. Break through the $ 30/LB barrier in the next 2 months (please) and then move to mid/upper 30's/LB by fall. This should have happened last year. Gotta get me a bigger truck to back up at a few of these U companies including UEX. MM