GREY:UEXCF - Post by User
Post by
clangordonon Jun 16, 2022 12:21pm
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Post# 34761644
UEX is a wildly undervalued company; uranium is very cheap.
UEX is a wildly undervalued company; uranium is very cheap.The future is bright with inflation and green concerns. If technology emerges where nucular energy can be produced wihout destroying water prices uranium will rocket.
UEX has been our biggest holding for many years and added today to the position.
Cameco has had a major historic position in UEX and we do believe they will have a proposition for us stake holders soon. The offer from UEC offers no cash. Easy for others national and international corps to compete with a no cash offer. UEC's offer is fair within the current matrix of the market. UEC seems to be a fine profitable company.
We see no reason to sell or better put trade UEX in the current market. We are looking for an offer we can not say no to.
We are holding tight in a belief that others will join this game.