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UEX Corp T.UEX


Primary Symbol: UEXCF

Metals & Mining Industrial Metals & Minerals
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

UEX Corp > My Guess on why Cameco sold shares in UEX
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(2003)
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Post by GSTbay1060on May 06, 2021 3:41pm
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Post# 33145313

My Guess on why Cameco sold shares in UEX

My Guess on why Cameco sold shares in UEX

Did the sale of UEX shares by Cameco increase the war chest of Cameco, a bit … Was Cameco in such dire straits they needed the capital??? I don't think so... Here is my guess.. MAYBE Cameco was approached to sell UEX shares to get below the 10 percent threshold so UEX would look more independent to JCU... Not that I believe Camaco holding 10 percent is a bad thing, just that with this selling it now looks to me like the training wheels have bee taken off... Also the bike is now morphing into a motorcycle..... Just another crazy thought .

 

All the best to the UEX longs..


 

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