OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Apr 20, 2020 11:48am
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Post# 30929975
RE:Big block shows up
RE:Big block shows upManipulation of UEX continues for sure as we know. But to put things in perspective, 600,000 UEX shares at $ 0.18 is just over $ 100 K.
What I think will begin to happen soon in the coming months is big chunks of funds from bigger players will want to enter the U space - say $ 100 Million at a crack. Which will be distributed from Cameco and Yellow right down to UEX and then right down to the very small cap U companies.
WHEN THIS HAPPENS, 600 K blocks will just be shredded and bulldozed - creating jumps of over $ 0.05 to $ 0.10 per UEX share.
Then what happens if someone or some fund with a cool Billion + $$ wants to enter the Uranium space ?
It is almost assured that UEX will be at $ 1.10 per share or more. New Money is coming down the tracks. Will be awesome to be on THIS TRAIN.
MM