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 > UEX NOT PERFORMING AS WELL AS

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Comment by stockrook86on Jan 05, 2022 1:23pm

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Post# 34285880

RE:RE:RE:RE:UEX NOT PERFORMING AS WELL AS

Agreed UEX underperforming, Roger and current team has lost the faith of the market - they can turn around maybe, but for now its a risky bet.

Bigger headwind I see is the fall off on restricted shares from PP issued at $.29 shortly. This is a lot of pent up potential volume.

I am hopeful that UEX is valued cheap enough that those new holders will keep there shares, I mean they had to sit through and watch the $0.29 shares climb to $0.60 and be unable to sell any (which is a good illustration of why PP shares need a discount to market price). It is a risk though, some may just dump above the offer price and keep the warrants.

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