UEX Corp UEXCF

RE:Today and to the future

[MegaMAxTZ]

Today and to the future AND THE PAST 

Not many here around in 2006 and 2007 I bet - and not many either around in 2010/2011  I suspect - maybe a few. I was not but can certainly review the historical records.

This past year in particular has been brutal as most predicted that by now in November 2019, the U sector would at least be bubbling along a little bit. But no - must be kidding that UEX is at CAD $ 0.12... just crazy.

Looking a bit deeper though, this means that per week only about $ 200,000 dollars give or take are in UEX trades -  in other words nothing. Nobody cares (other than us schmucks) or is interested right now in this U sector.

But just look at the past: 

Week of September 30/2006  $ 3.45 and 1.72 Million shares traded = $ 6 Million per week
Week of April 2007  $ 8.05 and 8 Million shares traded =  $ 64 Million per week..........
Week of November  2007  $ 9.15 and 8 Million shares traded = $ 72 Million per week 

Then look at the rise from Sept 4 to Nov 27 in 2010  From $ 0.81 per share to $ 2.47

Then just Pre Fukushima in February of 2011  $ 2.35 per share and 6.6 Million shares traded = $ 15 Million per week.

Who here remembers any of this ????? If someone does remember, they certainly did not do very well...... Who PAID $ 9.15 per UEX share I wonder in November of 2007 ????????

Then the more recent "runup" Dec 17 , 2016 at $ 0.16 per share up to the whopping $ 0.395 per share in mid February of 2017 - certainly not a runup

And the next " runup " in mid October 2017 at $ 0.155 per share up to the "sky high !!" $ 0.38 per share. These are not runups looking at the history - real runups are in dollars not pennies even with the dilution of UEX since.

Point is how small and insignificant the U sector really is when looking at the big picture with TRILLIONS of dollars flowing around the economy. Roger really steering this ship into the current situation - please give me a break. Could he have more pizzazz - and marketing to create more buzz - of course. But the current is taking UEX along and the current is real money that is not here right now.

Nuclear Power plants are here to stay - even with another "event" such as Fukushima which we all hope does not happen anytime soon -  will not derail the U train that is roaring towards us. Deficit right now of 50 Million LBS between consumption and mined. And this will grow the longer U stays at this current price level.  Nobody makes any money at $ 26/LB. So no real  money is being invested in mining Uranium right now. Even motherlode mines such as Cigar Lake - in 2025 - going to be selling at $ 32/LB when LT has expired - don't think so.  

Some day sooner than later, some BIG money will re enter this market and many Uranium companies including UEX will rise by a lot - who will have the guts to NOT SELL when UEX hits $ 0.38 per share again ??????? Should be interesting.

Patience but will be pretty rough the next few weeks. January 2020 we shall see.

MM