UEX Corp fka UEX

[alibongo888]

Here's a section of wisedom written by Malcolm;

RE:uranium market
Lots of volatilty is to be expected.These are mining juniors...they are all volatile. It is that fact that usually shakes many investors out of their positions before the real money is made.

Gonna say it again. Stop watching the charts, stop looking at your stocks every day, stop watching the gyrations of the DOW and TSX. Make sure your fundamentals are right...have bought the right proportion of the right companies..then sit back, relax anjoy your familiy and a good wine or scotch and wait. You ar far too impatient and that will drive you bananas or into the nuthouse.

Uranium moves very slowly until it doesn't. No body is contracting yet, There has not been a contract signed in 2 years. When they start to be written after the 232 outcome next April things will start to move but big dollars from which you will become wealthy are not likely to arrive until 2020.

So all I can say is keep your cool. It is when you lose your cool and start to second guess that is when you sell when you should have held. Easy to do when there are nutbars around like dreamin and QWERT raising red herrings.

Up to you of course. what you should be looking at right now is what is your exit strategy on the other side of this.Just as stupid as not being in at the right time is getting out at the wrong time. That's not so easy to do.

Malcolm