UEX Corp fka UEX

[Destinator]

Deelong, I get your frustration. You are not alone but the fact is that the world is going to need lots of Uranium to keep the lights on. The link to the quakes99 Twitter feed divergence graph that alibongo888 just posted certainly provides cause for that frustration. Personally, I have two big beefs myself (not to be confused with any negativity towards Uranium Mining stocks). I continue to be extremely bullish on the Uranium Mining stocks but I am tires of the Bull when it comes to the ETF so-called rebalancing process

1. URA takes out a ton of money from the miners by agreeing to apply the new ridiculous index which includes 4.19% of Urnaium dollars going into Barrick Gold and some more going to another gold miner. To me this gives the appearance of a cleverly disguised albeit legal move to get Retail Uranium mining shareholders to part with their shares or to at least keep as many away from the market as possible for some time.

2. We waited all summer for this Cruise of mining talking heads to take place where proponents of Uranium and Gold were going to meet via this very expensive venue. So far all I have seen as a result of that Cruise is Sean Broderick recommending (are you ready for this?) URA. The one investment that is largely responsible for holding back the Uranium minining companies which are the BACKBONE of the Uranium Industry.

Without the miners we have no Nuclear Energy Industry yet they are the ones being beaten down. Sure without the engineers we wouold have no Uranium mining either. But how does that justify taking investors money on the basis of the Mining Industry and then once the money is in hand, converting such a huge portion of it into the engineering side (and dare I repeat myself - GOLD COMPANIES as well).

I have yet to see one of these gurus criticize the ETF or the Index administrators for their decission to totally alter an investment vehichle instead of simply creating another one. Noone - NOT ONE GURU has yet called them out on it. WHY NOT?

Meanwhile, the miners lose their jobs and Uranium Investors have to wait once again despite the fact that the Uranium Supply Demand picture is getting brighter every day.

Live Long and Prosper

but also

STAND UP AND SPEAK OUT FOLKS.

THERE IS A BIG ABSENCE OF OBJECTION WHEN IT COMES TO THIS REBALANCING PROCESS..

P.S. Anyone/Everyone feel free to copy this note to whatever Uranium Discuccsion boards you want so that we can raise awareness of this great injustice.