GREY:UEXCF - Post by User
Comment by
stockrook86on Apr 07, 2022 1:38pm
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Post# 34585025
RE:FACT
RE:FACTApples and Oranges, I'm not saying UEX has underperformed, but need to compare to like explorers. Spot is up, but this is inflation driven mostly so companies with inventory are valued a lot more, companies with capex in place that don't need to pay inflated prices more so, explorers with a longer pathway to eventual production now have their discounted cash flows more discounted based on higher rates offsetting some of price gains.
Would be like comparing Google to a start-up.