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UEX Corp T.UEX


Primary Symbol: UEXCF

UEX Corp is an exploration and development company. It is engaged in the exploration and evaluation of its mineral properties located in the province of Saskatchewan. The company's projects include the Hidden Bay Project, Horseshoe-Raven Project, West Bear Project and others.


OTCQB:UEXCF - Post by User

Post by MegaMAxTZon Jun 04, 2020 12:39pm
134 Views
Post# 31112180

UEX 2026 OPTIONS AT $ 0.18 PER SHARE - VOTE NO OR CHANGE IT

UEX 2026 OPTIONS AT $ 0.18 PER SHARE - VOTE NO OR CHANGE ITThis number, $ 0.18 per share in 2026  is just galling to me and has to be exposed for what it is.

Unless the UEX Board has an explanation, they can quietly remove this line item. Could be a typo but it is not as all directors get this little carrot $ 0.18 per in 6 years. 

Let us look a little closer and take a peak into June of 2026 and the Uranium Market - Spot is still languishing at $ 33/LB. Half of the world's Nuclear Power plants have shut down due to various reasons under the new world order leadership. KAzak's are able to supply the whole world with Uranium and it's 95 Million LB requirement.

Cameco is long shut down with MR mine flooded in the 2024 event and Cigar Lake Mine has collapsed making it dangerous and worthless. All the other explorers have long gone bust except UEX - but back to that in a moment.

The world's largest windmill on the CN Tower in Tornoto is working quite well and Toronto is getting used to the new sight downtown - kind of ugly but not so bad as everyone thought it would be. .....

In this 2026 case, with UEX trading at around $ 0.02 per share in the spring of 2026, Roger and company NET a whopping $ 0.16 based on their strategic move back in June of 2020. The boards $ 0.18 Option move by the company looks brilliant............

BUT,

Now back to reality and the Nuclear Power Industry is very alive and well in 2026. UEX remains a standalone company or has merged with several others. EV Electric Cars are back on track and Cobalt back in demand from sources other than the DRC.

UEX has traded at much much  higher levels from 2021 going forward.

I do understand options and how the board members work and I will suggest the following, THEN we can all believe in the UEX board.

Most board members can vest their options NEXT WEEK @

JUNE 8, 2020 @  $ 0.28 per share
JUNE 14, 2020 @ $ 0.87 per share

And very very specifically. Mr. Suraj Ahuja you own a whopping 25,000 shares of UEX - hard to believe it is that many!!!!  Worth a whopping $ 4K - how bold of you. My maid and dog walker each own more shares than you........

Pull the trigger and this goes for all the board members, pull the trigger on June 8th @ 0.28 and then on June 14th, and take the plunge @ 0.87 per share.

THE BOARD NEEDS TO DEMONSTRATE THAT THEY BELIEVE IN UEX AND NOT JUST A GRAVY TRAIN.

THEN MAYBE SHAREHOLDERS CAN TRUST THAT THE BOARD HAS THE BEST INTEREST OF SHAREHOLDERS IN MIND.

And for goodness sake, delete the $ 0.18 per share options in 2026. Put it at $ 1.80 per share in 2026. When UEX is at a price of $ 3.00 + in 2026, you will all still do well.

MM
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