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UEX Corp UEXCF



GREY:UEXCF - Post by User

Comment by mangoeon Feb 21, 2020 5:27pm
167 Views
Post# 30719634

RE:What type of

RE:What type of
shenty46 wrote: What type of ceo Roger is, I think it's way back in last summer the drilling at west bear was completed and he has not updated the resources to new Ni 43 101. And so are we looking at another year for current drilling for updated resources. What is he doing, really unbelievable.



He is dragging his feet, that is what he is doing, under the excuse that Cobalt price had peak and come all the way back down, therefore we cannot spin out COEX from UEX, He then realize that the chance of Cobalt price reaching those high again is slim and with all the investment with money and time also a COEX website and with the amount of Cobalt and Nickel on the property  and with the never ending uranium bear market, He stated in that CRUX video interview in January that COEX spin out will take place it will evolve over the next 12 months, because you have Uranium and Cobalt and Nickel all in one company and the price is not reflected in the current stock price so you have to divorce them so shareholders can benefit.( plus Cobalt price has rebound back to a decent level with more bullish uptrend, that is why the spin out should have been completed already you have to be ahead of this Cobalt commodity price.)
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