GREY:UEXCF - Post by User
Post by
MegaMAxTZon Nov 13, 2019 11:22am
126 Views
Post# 30345229
Cobalt Based Products UP 30 % Since July 2019
Cobalt Based Products UP 30 % Since July 2019May not sound like much when Cobalt metal goes from between $ 12 - 13 /LB up to $ 16 to $ 17 but it is significant.
Cobalt based finished raw material products are now up just around 30 % since mid Summer. Car batteries included.
Cobalt metal prices will be over $ 20/ LB in November of 2020 in my opinion. Get UEX to 5,000,000 + LBS of Cobalt and that should easily double the current UEX share price alone. But nobody (or very few) in the mainstream even have UEX on the radar.
But DO NOT SPEND MUCH MORE MONEY on COBALT drilling for now. WB is pretty much defined give or take a few million LBS.
JUST GET THE UEX URANIUM RESOURCE ESTIMATE OFFICIALLY WELL ABOVE 100,000,000 LBS - THAT MUST BE THE FOCUS OF THIS COMPANY FOR NOW.
MM