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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

Comment by stockrook86on Jun 13, 2022 9:25am
137 Views
Post# 34751395

RE:RE:RE:.43 a share for 150M pounds

RE:RE:RE:.43 a share for 150M poundsAgreed, but we really need to focus on the relative share price. I will give credit to Roger, he could have stuck around and kept issuing shares to finance the company - it looks like he (and the board) saw that they didn't have the goodwill to get competitive value. This kickstarts a true valuation process for the assets - I am good with this. 

Honestly, it looks like we are potentially in for a rough, long general market wide bear market. U spot will likely do great and producers will benefit, but I think the next little while will be very tough for explorers and early stage developers with tough equity markets to finance and high inflation for all of their inputs. 

I wouldn't be surprsed to see other beaten down U juniors to get scooped up
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