GREY:UEXCF - Post by User
Post by
coolaccountanton Mar 20, 2020 6:10pm
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Post# 30832222
spoke with Rodger
spoke with RodgerA few points ,theres enough monies in the till to keep the lights on till year end.
Cameco spent less then UEX last year as they are in the muck of legacy contractual hell and will not earmark any aquistions money ,even though UEX would b there obv choice.
He spoke of cobalt spin -off it was going to happen but all the funds for investing was all about POT as we know last year .
He will spin it off but to spin it off to increase the stock price by 10 million temp doesnt seen worth while.He did say there be a movement against chinese cobalt for obv reasons ,child abour ,envir etc etc etc.
The reason there is no current insider buying they are restricted till quarterly disclosure and drill core results are released .He is adament about buying more shares.
The rest is just the reg stuff ,basically we need macro improvement and then we will see 40 cents