UEX Corp UEXCF

RE:NO UEX CONVERSION TO CAMECO SHARES AT THIS POINT

[GSTbay1060]

The short term future price of UEX

Great post MM..  As Sunday slowly proceeds into Monday I am very interested as to where UEX will finish by the end of this coming week... With any more mine or processing that is shuttered due to Covid-19 the run to Friday would be higher.. The Uranium market is now at a tipping point and even though I don't like it, the spot price seams to drive the retail investor.. The fundamentals look to support an increase in the share price for explorers like UEX.. The narrative for the commodity is also positive... So what is my guess?? If the steady grind higher continues my prediction would be a Friday finish of 19.5 cents per share CAD... If some positive drill results are released 21.5 cents per share CAD.. If there are weak results 18 cents per share CAD... Poor results 16.5 cents per share CAD... This is MY GUESS, so what is yours??? With an average of 2 cents per week in a year some here will do very well... I understand some of you have been here ALONG time and I wish you the best and please do what is right for you...

 

I don't see to much downside for the shorters of UEX to be able to capitalize on .. That is unless they buy high to sell low to force this down.. This looks like it is becoming more and more difficult as the volume increases.. This is not only true for UEX but lot's of others in U world..

 

All the best

 

Waiting for 9:30 am Monday

 

DYODD