OTCQB:UEXCF - Post by User
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greenview1on Jul 24, 2020 1:51pm
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UEX:Fri. Jan 12,2018 UEX:$0.32- Fri.Jan 19,2018 UEX :$0.29!
UEX:Fri. Jan 12,2018 UEX:$0.32- Fri.Jan 19,2018 UEX :$0.29! RE: Cobalt Spin-Out Envisioned
Please Note Date: January 17, 2018
RE:UEX: IPO July 2002: UEX: Common Share: $0.25....1 for 1...
Cobalt Spin-Out Envisioned
Please Note Date: January 17, 2018
"The highest-grade assay sample obtained during the 2002-2005 UEX drill programs was from hole WBE-019 that returned 9.94% cobalt and 2.97% nickel over a core length of 0.2 m between 33.8 m and 34.0 m (see UEX News Release dated April 22, 2002 filed on SEDAR.ca). Impressive cobalt and nickel grades were also returned from historical UEX holes WBE-079 which assayed 3.95% Co and 2.36% Ni over 4.45 m from 60.65 to 65.10 m and WBE-071 that assayed 2.15% Co and 0.91% Ni over 8.4 m from 45.1 to 53.5 m." Article Quote
Potential Cobalt Spin-Out
"The Company previously announced on November 8, 2017 plans to evaluate opportunities to unlock the value of the West Bear Cobalt-Nickel Prospect for shareholders. Based upon the Company’s evaluation and current cobalt market conditions, UEX is exploring options to enhance shareholder value by spinning out CoEX as a new company. This would occur after completion and announcement of results of the drill program. Should UEX proceed with a spin-out transaction, all or the majority of CoEX shares would likely be distributed to UEX shareholders in a process similar to that under which UEX was formed in 2001 from Pioneer Metals Corporation." Article Quote
See Below: Please Note Date: January 17, 2018...DYODD https://uex-corporation.com/news/uex-announces-exploration-plan-for-the-west-bear-cobalt-nickel-prospect UEX/CoEX: Upside Potential??? HUGE???
Next Posts ALL Related...IMHO...DYODD
UEX/CoEX:Time for Value for Shareholders!