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Gamechanger! Interest coming in from NEW INVESTORS
Crux Investor Interview with Brandon Munro
Volume today is way more than double what the TSX is reporting.
Total shares traded today so far is over 1.9 million shares.
When will regulators force ATS full live disclosure?
Orange Juice Anyone?
Short Positions Caught with Pants Down
Uranium SPOT reacts to mine closures.
Spot Price Rising
Just how much Uranium do operators think they can get out of the SPOT market. SPOT does not produce Uranium. Exploration companies find it and producers buy the Uranium that Exploration companies find and then they produce it. How low do supplies have to go before investors catch onto the fact that POUNDS IN THE GROUND have tremendous value?
UEX has 100,000,000 lbs in the Athebaska Basin of which over 30,000,000 are pretty easy to access and amenable to In Situ Recovery (ISR).
Trades getting diverted to ATS.
The stock is actually selling at $0.13 but this does not show on the TSX because the $0.13 orders are being diverted to the ATS.
Even in today's hurting markets the manipulators use every loophole available to them. Why is UEX being kept down? When will the regulators fix this? Perhaps they are going to get to it once the other manipulation, the Wuhan Virus attack is deemed to be mostly dealt with.
Smithweekly Interview Questions
Interview coming
Questions for Roger
Time travel is possible. History can be changed.
Why would historic prices for March 2020 change in Apr 2020?
My original link as of March
Current Barchart as of April as of April
Can you see the differences? Holy smokescreen Batman! What the heck is going on here. Can history be changed? It appears to be the case.
All exchanges included the US volume.
Different Symbol UEXCF but same company. :)
Volume much higher than showing
So far 1.4 million shares traded when all exchanges are added up.
Big interest in UEX today for many reasons.
MD&A is out.
Some light reading if you can find it.
Not sure how to get it to you. I'll see what I can do once I finish what I am working on.
Barchart futures math
Interesting Barchart Amounts add up
If you add up the increases since Mar 17, 2020 the increase = $2.00.
In my post #1464 I provided a link showing an increase of $2.00 for May futures. Twitter post showing $2.00 increase for May
Yesterday that same source reported an increase of $3.65 but the month was not identified.
Uranium increase of $3.65
Question: Does this mean that SPOT will see another increase of $1.65 in the coming days? Do I hear $3.65 on top of the recent $2.00 uptick?
Who knows? Just having fun while we wait to see increases of $5.00 per day while Uranium producers go on strike so to speak. Uranium producers are tired of working for free and Uranium Investors are tired of being hosed. Its time for the utilities to pay up for the risks that Uranium Investors have taken so that operators can collect their 6 figure salaries.
Cigar Lake Closure
Cigar Lake closure
Here is the kicker. The world is reading this and hopefully waking up to this IMPORTANT FACT about Uranium itself. No matter what happens to the world economy, this statement will still hold true. Uranium will still be required which is why investors need to take notice of this incredible Savings Insurance. Gold and U308 are both Yellow Metals.
So when will UEX share price take off?
1.) When the Uranium Spot price shows signs of life. Still not here.
2.) When the price manipulators show up. Showed up some time ago claiming to buy a million then sell a million at a loss.
3) When the price manipulators want to take all they can as a buyout claiming to be in talks with the Company or a CEO with a fake name like Rodger.
4.) When Stephen Sorensen comes out and states that he has not had any such buyout conferences with anyone. Sorry I meant to say ROGER. Old habits die hard.
So if Kazakstan is closing due to the Wuhong virus and they have an 8 month supply in stock to fulfill their contracts who is selling on the Spot market?
Nobody?
How would we know?
Some people know because I used to see them published on Twitter from time to time. If such numbers are available to some but not others do you think this is a fair way to operate markets? I don't.
Uranium is possibly the only material whose demand will not drop during the coming economic downturn. They simply have to keep the power plants going.
Nymex showed a $2.00 gain for May futures yesterday.
That's right TWO DOLLARS.
Two Dollars increase yesterday for May Futures
Look who is bullish on Uranium.
Cobalt gets a mention too. Somebody send Rick as supply of Certs with the UEX logo on the wrapper - Two Mints in One
Rick Rule interview at PDAC. This is an EXPLOSIVE interview.
Pssst! Want some good news!
It is not just Toilet Paper that is selling out. Silver is selling out too.
The good news is that we can buy Uranium shares & Silver & Gold shares.
Will this development work its way into good news for mining investors? I don't know but when was the last time we saw any commodity being sold out.
Thanks to @duedilengenceguy check out this development.
Kitco sells out of Silver. What's next?
May I make a suggestion.
Don't divulge what you are doing with your shares of ANY stock on the internet. What on earth does that achieve?
Boo Hoo! The Uranium spot price falls by $0.08.
It could go down to zero or maybe even negative prices. All Uranium might be free in a few weeks because supplies of this radio active material may have been contaminated with Covid-19 and may be worthless.
It is time to panic panic panic!
There is nothing else to do but PANIC!
Or is there?
More on Bitcoin as a Safe Haven - NOT
The Bitcoin part comes later in the interview
interview with Peter Schiff
So where is all that Bitcoin money going to turn to? There was no mention of Uranium as a Safe Haven because it is not a safe haven commodity. It is however a very much needed commodity no matter what the economy or market is doing. A lot of market watchers are going to be looking for SAFER places to put their money in the coming weeks. All of them know about gold. Many will likely just start to discover Uranium.
These past few days certainly hurt especially if you parted with your Uranium shares but I see a summer rally for Uranium shares on the horizon.
All that heat is going to increase demand for Nuclear power to run our air conditioners.
Fellow UEX Investors. Where should I invest?
What is Bitcoin?
Can you hold it in your hand? Can you heat your home with it?
I just read the Bitcoin is way down during this panic market.
What is Uranium?
It is a source of energy that can be used to heat your home and allows computers to run so that people can trade stocks and Bitcoins; whatever they may be.
Uranium Spot price is flat while Long Term contracts are going up in value.
What is gold?
It is a precious metal that can be held in one's hands and that has served as a currency since the beginning of time.
Gold is up.
What is Cobalt?
Cobalt is an essential mineral in the production of rechargeable batteries that store the energy produced by Uranium and other sources of electricity.
Cobalt prices are holding their gains on the FastMarkets.
Cobalt stocks are down.
What are Uranium and Gold and Cobalt stocks?
They represent part ownership in companies that explore and store these valuable minerals which are not declining in value even in this panic market.
Uranium and Gold stocks have both declined while the underlying minerals have risen or maintained their value in this panicked market.
Where should I invest my money during this panic market?
Bitcoin?
Gold Stocks?
Uranium Stocks?
Cobalt Stocks?
Yee Haw! Uranium SPOT is up $0.02
This is it folks. There is nothing stopping us now. The FAKE Uranium price is up a whopping $0.02 this morning. Are you ready for Lift Off?
Click here but ignore the ads before the video
Or better still
Click Here
Save Canadian Mining Discussion
There has been zero input to my discussion about the trading system concerns raised recently by me and by a few others. I saw one re-post on another discussion board and some even tweeted links to my post. This is good and it is nice to see that some are willing to do their part.
That said, I would think that there would be much more discussion especially here as well as other boards for other Uranium stocks. We are all in this together and we have all been financially hurt (not because of poor due diligence on our part) but by nefarious regulations and failed regulators that allow the little guys like us and the mining companies themselves to get hurt. Forget the Corona Virus effect. That will soon be a distant memory. I'm talking about the FAILURE of our regulators to protect our investments in CANADIAN MINING COMPANIES without whom we would have no computers, electricity or EVs. This is a travesty of justice. It won't get fixed unless all of us stand up to be heard. Stop waiting and just hoping to make your money back. In this environment, there is NOTHING that the CEOs or the companies in which we invest can do. They need help from us and THEY THEMSELVES need to SPEAK OUT. It is true that they are the LEADERS and should LEAD but since they are not it is up to us.
If you have not done so yet help stimulate this awareness through discussion here and any other sites that you use to discuss your favorite Uranium or any mining stock for that matter. Sharing of information is what empowers us which is why sites such as this are crucial to our future.
Thank you to those that are helping by re-posting on other sites. MANY MORE are NEEDED.
Help Save Canadian Mining Help Save Uranium Mining
UEX and other Canadian Mining companies need your help. I urge UEX Management to join and support this organization. All Canadian Miners should join to show support for their shareholders. We have funded you. We have paid your salaries now it is time for you to fight for us. Speak up now and speak up often. It is your duty to your shareholders.
Save Canadian Mining
What does Eric Sprott think?
Will you help to Save Canadian Mining or will you wait for others to help first before you join in the fight? Why wait? Do it now!
What does Eric Sprott think?
IMPORTANT: YOU CAN HELP SAVE CANADIAN MINING
Some of you have read my posts on this board about what I believe is hurting our valuable mining companies. Here are some VERY IMPORTANT updates.
Post 1407 for your easy reference.
In that post I wrote about the need to ban short selling.
Since that post, a video surfaced urging Canadians to get involved in the call to reinstate the short selling uptick rule. The message in this video is powerful though I urge people to call for the outright BAN on SHORT SELLING. As long as we have High Frequency Trading (HFT) it is my view that those traders will find a way around any rules. I had no part in putting this video together but I am glad to see that there is a movement toward fixing the damage that ‘our taxpayer funded regulators’ allowed to happen at our expense as Canadian Investors. Click on the following link to see how you can help to ...
Save Canadian Mining.
The time for action is now!
Coincidentally, since my post 1407, the TSX has had to shut down early last week and shortly after that event the CEO of one of the Alternate Trading Systems know as Aequitas NEO (Jos Schmitt) was interviewed on Canada’s Business News Network (BNN) and referred to the current trading system as a Mickey Mouse system. More importantly, he said that he has been writing to the regulatory bodies since 2016 about the opaque nature of the ATSs and that the issue needed to be addressed. The regulatory bodies have done NOTHING to address his concerns. NOTHING in FOUR YEARS.
WHY did THEY DO NOTHING for 4 years? I can only conclude that as long as the letter was just between him and them they could ignore it and let Mickey Mouse run about the Canadian Markets and eat everyone else’s cheese in the meantime. Remember, these regulators are paid by the Canadian Tax Payers. Should those that made those decisions to change the rules in 2012 be investigated? Should those that failed to act on the letters from Mr Schmitt be investigated? View the link below to see the full interview. Hurry because some of these links that expose the facts have a way of disappearing once they start getting too much publicity.
BNN Interview Mickey Mouse trading system
One such link was the Tom Fahy report that I provided. This link provided details about how some Uranium ETFs use a thing called Operational Short Selling to make oodles of cash while investor money was not actually being used to buy Uranium shares. This practice was called a swindle albeit a LEGALIZED one. Who approves this stuff and should they be investigated? That link is now inoperative. We need to learn why that is the case.
So, if you are tired of seeing your Uranium Investments being decimated here is what you can do.
1) Locate the name of your Provincial MPP. See if you can find their e-mail address.
2) Add/post the link about the above Save Canadian Mining in your e-mail. Add a few words of your own demanding that they address this issue expeditiously. Tell them that Regulators should work for ALL investors and not just those that have access to AI supercomputers.
3) Ask them to ban all short selling without explicit and clear approval from the shareholders of those shares no less than 1 day prior to executing the sale of YOUR shares. Market conditions change daily and there is no way that investors should have to sign an agreement (at the time of opening their trading accounts) allowing their shares to be borrowed for the purpose of selling them while dragging the price of our assets down. Please note that some may tell you that you have approved the borrowing of your shares in your account agreement (in that fine print somewhere) and that short selling is a ‘healthy’ practice for the markets. If this is acceptable to you then do nothing and watch your Uranium shares stagnate as the world runs out of supply. Otherwise read on.
4) Copy the e-mails to the CEO’s of your favorite Uranium company demanding that they GET VOCAL about this issue. Their silence has done little. The video is great but their individual SILENCE is INEFFECTIVE. We need a LOUD VOICE from a BIG CROWD of Uranium Investors to get these one sided regulations FIXED NOW.
5) Use whatever legal means you have to distribute this important message regarding the future of your well researched investments.
PDAC attendance down due to Corona Virus
...But it was more pleasant because you could get around easier and get to talk to the people you wanted to see more easily.
If you don't want to listen to this entire interview I encourage UEX Investors to go to the 6:00 minute mark and pay special attention to the 7:20 minute mark.
PDAC Kitco Interview
Cobalt predictions are outrageous.
I just read some predictions on Cobalt resources for West Bear. Don't go down that path folks. Don't raise expectations to such levels.
Without Umpherville you shold not expect more than 5 million lbs cobalt so far. If it is better than that, then great, but there is no basis to be throwing out numbers of 20 million lbs. Get a grip. Don't set up the market for a disappointment. It is ok to overdeliver. It is REALLY bad business to raise unreasonable expectations.
Don't let yourselves fall into the trap. That is exactly what some would want you to do.
Nice direction for Cobalt
FastMarkets Cobalt
Not so much for Fake Uranium Price
Uranium Barchart
EVs are misunderstood.
I think that there is a misconception about EVs. Many people think that all EVs are purely electric. That is not the case. Most EVs are Hybrid vehicles. They run on their Battery (which needs Cobalt and Nickel and Manganese) at times and on gasoline at other times. This form of EV is here for a VERY LONG TIME. The EVs that run only on Battery power are the ones that get some bad publicity due to relatvely short range, long charging times and lack of heat in the winter months for those areas that experience cold witers. Most of Canada, Minnesota, Illinois, New York etc. etc... Hybrids don't have any of those problems. Perhaps we need to create new terminology to distinguish between the two. EV and HEV.
My point is this. HEVs are here to stay and Cobalt is going to be needed for the vast majority of those EVs.
UEX has a COBALT discovery which they call West Bear whereby COBALT is the primary mineral with nickel as the secondary metal. This is the reverse of most Cobalt prodution where Cobalt is usually a biproduct of nickel. In other words, there are not many PRIMARY COBALT discovries out there especially in mining friendly and ethical mining situations. As if that was not enough, they also have 100,000,000 lbs of Uranium. All this for about $0.10 CDN per share. Simply put - the price is stupidly low.
PDAC escallators are flowing with people in both directions.
Much higher attendance than I expected this year given all the PANIC reporting about the virus.
CRUX interview with Cobalt Blue
What Joe Kederavek, Cobalt Blue says Battery makers are telling him
Barchart Opinion finally in the Green.
I have no idea how this stuff works but I notice that for the first time in a long time the Barchart Urnaium Opinion
has moved into the green.
What confuses me is that the Nymex data conflicts with Numerco's data for Friday. Nymex Shows up while Numerco shows down. As if the Uranium markets weren't opaque enough - now they have to have conflicting data for some reason.
Big Question - Mike Alkin & Tim Chilleri from Sachem Cove
Uranium is like basketball.
Just wait for that bounce.
Its worth the long shot
Corona virus may be pathetic. Not your decission.
Here is what Investors are saying about Uranium. Short and to the point.
Click Here for four really quick reasons by four knowledgeable investors
Pathetic but I bought more today, UEXCF. Averaging down once again. Not much more to be said
Mickey Mouse Trading System
Not too long ago, I wrote this.
Destinator Post 1409
Today this interview took place on BNN. Thank you to reiter15 for their post on Stockhouse whereby the following INCREDIBLY FRANK INTERVIEW took place earlier today.
BNN Interview "Mickey Mouse" Trading System
Cobalt prices
Fastmarkets nudge upward while LME Cobalt takes a dip.
Cobalt Prices
Bad News Good news
Yesterday's webinar had a piece of Bad News. UEX is too busy to complete the revised West Bear resource.
It also had a piece of Good News. UEX is too busy to complete the revised West Bear resource.
Question for the Conference Call.
Why is there no uranium between the two 20% holes at Orora which were just 50 meters apart?
Notice the pattern?
Every time Roger has a Conference call, UEX share price falls. This time it is falling BEFORE the call.
UEX Short Positions are like a yo-yo.
Down Up and Down again.
2,159,770 down 205,977
Check out all these Uranium Short Positions.
Uranium Short Positions
Have you written to your MP and MPP yet about this?
Meanwhile, the only good thing about this is that when Roger Spins out CoEX those holding short positions will have to pay those dividend for the shares that they hold short. Same goes for Cameco when they pay their Dividends. As far as I know only Cameco and UEX are slated to pay what amounts to be a Dividend.
Here we go again!
U308 SPOT Price BID is Greater Than ASK
Let me repeat that. BID $24.70 is > ASK $$24.50.
What is wrong with this picture?
UEX is just about at 100,000,000 lbs U308.
Yet, the latest short positions for UEX still show a rise despite the fact that the share price hovers at a mere $0.12 CDN. Who would take a short position in such a situation?
There are many factors contributing to the suppression of Uranium mine company share prices and as shareholders it is important that we all understand how this works. I hope the @quakes99 picks up on this post and tweets it on his feed. This issue needs all the exposure it deserves.
ETF Rules
Short Selling Rules
The opaque nature of the ATS exchanges
One poster @RetailRevolt puts it this way:
Sorry the increase is 887,000 lbs.
That brings UEX U308 to about 99.4 million lbls.
Christie Lake Ownership finally increases
UEX News Release
Figure 1
Figure 2
News is out today. See link at the top of this board for news.
Are you tired of seeing the shortselling destroy your well researched investments?
If you read this board regularly you have seen my suggestions as to what you can do. You have seen the types of things that really need to be addressed immediatesly by our regulators. If you have not read those posts then please do so to get informed.
With that said, it appears that some of you are concerned about the impact that various trading rules have on the value of your Uranium Portfolio including but not limited to UEX.
Like so many of my previous posts, some of my posts about this Short Selling issue have been referenced on other social media sites.
Alibongo888, has been very supportive of helping to get the word out and for that I am greatful to see that somebody is paying attention. There is a poll out there in social media land that I urge you to participate in as well. If you are still hesitent to address this issue, think about how your investment in UEX or other Uranium stocks has been affected by ETFs and other trading processes over the past year or two.
What have you got to lose? Better still, think about what you have to gain. It is time for retail investors to fight back for a fair and just trading system. The ball has started to roll. Will you help me keep it rolling?
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