Goviex Uranium Inc V.GXU

Alternate Symbol(s): GVXXF

Energy

GoviEx Uranium Inc. is a Canada-based mineral resource company. The Company is focused on the exploration and development of uranium properties in Africa. The Company’s flagship mine-permitted Madaouela Project in Niger, its mine-permitted Mutanga Project in Zambia, and its multi-element Falea Project in Mali. The Madaouela Project is located approximately 10 kilometers (km) south of Arlit, and Areva’s mining subsidiaries of Cominak and Somair, in north central Niger. The Mutanga Project is located approximately 200 km south of Lusaka, immediately north of Lake Kariba, at elevations of 500 meters to 960 meters. The Falea Project is located within the Falea-North Guinea-Senegal Neoproterozoic Basin. The Falea Project is comprised of three licenses, such as Bala, Madini and Falea. The Falea polymetallic (uranium, silver, and copper) deposit is located in Mali, West Africa, approximately 350 km west of Bamako, the capital of Mali, and approximately 240 km south of the city of Kayes.

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Goviex Uranium Inc > GXU is up 104% since we initiated coverage in August 2021

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Comment by blackwolf25on May 04, 2022 11:52am

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Post# 34655233

RE:GXU is up 104% since we initiated coverage in August 2021

not anymore it isnt

quote=Investorsnews]

GoviEx is simultaneously advancing three uranium projects in Niger, Zambia, and Mali.

• GXU is up 104% since we initiated coverage in August 2021.

• Uranium prices recently surpassed US$60/lb, and are up 105% YoY, and 59% since
Russia’s invasion of Ukraine.

• Analysts believe the uranium supply chain is highly vulnerable, and supply
disruptions are likely as the probability of a prolonged cold war between the West and
East is rising.

• GXU is trading at just $1.5/lb vs the sector average of $2.6/lb, and is one of the most undervalued uranium juniors in our list.

• Due to the vulnerable supply chain, we believe majors are likely to pursue M&A to secure long-term supply. GXU’s large portfolio and undervalued metrics make them a strong target.