Uranium Exploration Corporation fka UEXCF

[oscarweewee]

Uranium Exploration Corporation is a uranium mining company that once traded for $9 a share during the last uranium boom. Cameco Corporation's recent announcement that it is taking 10 percent of world production off the market has sent the price of uranium soaring. $20 to $26 a pound in the last 10 days. But that's not all. Uex also has a cobalt property (35% of a lithium battery is cobalt) which it recently announced it was going to use to "create value for shareholders." That is the exact phrase pioneer metals used in the early 2000's when it spun off uex - one uex share for every psm share and you got to keep your shares of psm. This might be the trade of the year.