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Bullboard - Stock Discussion Forum Green Shift Commodities Ltd. V.GCOM

Alternate Symbol(s):  GRCMF

Green Shift Commodities Ltd. is a Canada-based company, which is focused on the exploration and development of commodities needed to help decarbonize and meet net-zero goals. The Company is advancing the Armstrong Project, located in the Seymour-Crescent-Falcon lithium belt in northern Ontario, known to host spodumene-bearing lithium pegmatites and significant discoveries. The Armstrong Project... see more

TSXV:GCOM - Post Discussion

Green Shift Commodities Ltd. > 29cent new 52 week high uranium stock!!
View:
Post by newbie2099 on Apr 09, 2021 4:49pm

29cent new 52 week high uranium stock!!

U3O8 Corp. (UWE.H:CC)

$0.290.01 | 3.57%
Bid: 0.21 x 6000Ask: 0.36 x 9000
April 9, 2021 3:58 PMEDTVolume: 111,877
New 52 weeks high!!! Very low float only 29 million shares out!! This uranium stock only have $8 million market cap. U3o8 Corp uwe.h.v used to listed on TSX exchange. They survived the uranium bear market now. U3o8 Corp $uwe.h uranium stock used to trade over $1 on TSX in 2011 before Fukushima nuclear accident. After nuclear accident the share price drop from $1 a share to 0.03 cent a share. They did a 1 for 20 reverse split in 2017. Post split from $0.60 drop to $0.05 during uranium bear market! Now they are trading 28 cent a share, with market cap of $8 million. At 28 cent a share that equals to 1.5 cent pre split share price, so undervalued! Let see if they can go back to $1 a share before Fukushima accident. if they get back to pre split $1 a shares, it will be at least 20X
Comment by Tartar3 on Apr 10, 2021 9:36am
It's all about timing, looks like you have come to the right place at the right time, just beware the stock and warrants become free trading at the end of June, most PP investors sell the shares and keep the warrants, and since this is trading above both currently, the incentive is here to execute that strategy, if it stays at this price or above when June comes
Comment by newbie2099 on Apr 10, 2021 1:30pm
i am not worried, uranium bull is here. only 6 million shares on last pp. i will buy more if that happens. cheers
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