GREY:UEXCF - Post by User
Post by
mangoeon Sep 15, 2019 12:58pm
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Post# 30128416
3 Barrels U308 vs 110,000 Barrels of OIL.
3 Barrels U308 vs 110,000 Barrels of OIL.From Destinator
https://investorshub.advfn.com/UEX-Corp-TSX-UEX-17360/ 3 Barrels U308 vs 110,000 Barrels of OIL. Imagine how much energy you need to ship 110,000 barrels of oil vs just 3 barrels of Uranium. Yet another reason to go nuclear. The clip provided below is from Jan 2018 but the above statistic remains true to this day and will remain true for the foreseeable future. What this clip also states is that Uranium Energy Corp has 99 million lbs of Uranium. Can you name another company that has just 0.4 million less at 98.6 million lbs of Uranium. I can. Any guesses from the readers of this post? Uranium Energy has Vanadium. Can you name other metal(s) that the holders of that 98.6 million lbs of uranium has? I can. Any guesses from the readers of this post? Uranium Energy has 1/2 the number of shares that the holder of that 98.6 million lbs has. Uranium Energy currently trades at $1.03 USD or roughly $1.35 CDN. Before 282, it was trading at $1.45 USD and is headed back there according to the trend. Take away half of that for the number of shares ratio and you are left with $0.67 CDN where that holder of 98.6 million lbs should be by comparison. Or, if you use the pre 282 price of $1.45 USD or $1.89 CDN and take away half of that for the number of shares ratio, you are left with $0.95 CDN for that company that holds 98.6 million lbs of uranium plus those other metals that are growing in strategic importance. If you are still trying to figure out who that company is, then you should spend more time reading this board. Here is the link to the clip that I referred to above. A clean air story with some important numbers for readers of this board to take note of