Thanks for sharing that NewCoreFish
This is why I encourage people to join this board. This type of information is needed to stimulate discussion and alert those that have not been following the Great Uranium Story that unfolds as we wait.
Crux has a very pragmatic interviewer and that is a good thing to see but in this interview he neglected...
...the value of discoveries.
...the importance of location.
...the very low number of exploration companies with discoveries as compared to the last run up.
...the value of market momentum. Perhaps it is because he did not take into consideration the fact that the funds have not yet kicked in. Once investors become aware of the Uranium Macros, those funds will be inundated with cash that will HAVE TO BE INVESTED IN - Uranium exploration and development companies.
I appreciate his cautious approach, it is refreshing but, at the same time, greatly underestimates what Uranium Investors are going to experience once those Macros become understood by the general investing public.
I realize that this interview was not about UEX but it seemed to dismiss by omission, the value of companies with discoveries and great potential for many more discoveries. So I would like to take this opportunity to bring up some important points that any new listeners may wish to take into account when making their investing decisions.
As for UEX...
...it has discoveries.
...it has location - Christie Lake between McArthur River and Cigar Lake mill sites.
...it has Hidden Bay and Horse Shoe Raven also near mill sites.
...it has some of the best exploration properties and ALL OF THEM are in the best Uranium jurisdiction in the world.
...it has demonstrated in the past (while amongst a much larger field of Uranium Exploration companies 400 then vs 40 today) that it can have extreme momentum behind it. In other words, it has more pontoons than many other boats. And by the way, I do believe that a rising tide does raise all boats especially those with more pontoons such as UEX has.
...it has $5,000,000 in cash.
...it has value in its very shallow Cobalt and Nickel discovery that can be converted to CASH WHEN THE TIME IS RIGHT.
So, on that basis, any listeners would be well advised not to simply look for producers or companies with mills on their sites. They will do very well of course, but those explorers such as UEX with discoveries who have been hit the hardest will bounce back the highest.
If I omitted some things then please let the readers know.
