GREY:UEXCF - Post by User
Comment by
MightyMorfon Aug 18, 2022 9:27am
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Post# 34904394
RE:UEC - national hero for getting American assets back for US
RE:UEC - national hero for getting American assets back for US
mary2117 wrote: UEC is being considered a national hero by Americans because it bought Uranium One, which brought a bunch of American uranium assets back into American control. It must have just killed them to have the arch enemy Russia holding natural resources that are of value to them. Uranium One use to be a Canadian company. I think I owned it before it was sold (it was sold several times). There were a lot of problems selling including the Hilary Clinton incident. There was also something about selling it to a foreign company, but my memory is a little shake on the details. They probably don't see that Canadians wouldn't want to sell our assets, properties in the Athabasca Basin, to them.
They don't give a rats @ss about buying Canadian assets. They are buying out UEX because the price is so cheap. And it doubles their resource estimates. They are in it to make money. Would not be surprised if there is a deal with Denison for The rest of Wheeler and a spin-off of some assets.