Replies to post #36 on UEX Corp fka UEX

[alibongo888]

So, your post Destinator made me think......

I have been reading an JQ99 twitter and was looking over this (

Here's how Energy Fuels $UUUU performed during last #uranium bull market... up a modest 120x multiple, 11900% in 16 months.🤯 Of course, past performance is not a predictor of future performance... but gives you an idea of potential.😉 "Must watch" video: https://t.co/MDBIjApY0z pic.twitter.com/xFs4jEOdHZ

— John Quakes (@quakes99) July 28, 2018

) which shows last bull market Energy Fuels going up 120X -

So, still thinking......I decided to look back on UEX chart. I just had a look at he chart from 15 years ago, 29th August 2003 and noticed that you could have bought UEX on that day at 0.06c....Wow....fast forward to end of Nov 2007 (30th) and you could have sold UEX at $9.30 per share, I know it went slightly higher than that, but I'm just doing my own snapshot, so in my mathematical world that's a staggering 155X's times or 15,500% ;

YES - YOU READ RIGHT YOU COULD HAVE GOT OVER 155X YOUR ORIGINAL UEX INVESTMENT - 15,500% HEAD SCRATCHER ISN'T IT!

These are staggering numbers indicating past performance and that's why I say in my opinion; UEX measured by past performance in a repeat or better in this new bull market will create new millionaires and multimillionaires for a very modest investment.

When the bull was raging last time there was 500 or so Uranium companies, today after the savage bear market, 60 or so are left.

A catastrophic hair cut, however as in every problem, opportunity lurks.

When this new Bull gets going the investment dollars that will flow into this small and niche industry will result in parabolic rises in the industry and with the effect of social media and about 1 tenth of the companies still standing to invest in this Bull market has the potential to dwarf the last one.

Spot last time from its low multiplied just over x14 when it reached the high.

Low this time was around $18 so 14x18 is where you'd be if it simply repeated the pattern. That is over $250 spot. Would love to see Tom Fahy do a $250 spot calculation vs Book Price of UEX.

So I'd do a little more thinking and post some more stuff later, BUT I really wish I had one of those CRYSTAL BALLS!

P.S.

Liked this also indicating Bull is upon us; https://independentspeculator.com/this-important-trend-just-held-up-and-its-just-getting-going/

All jmho.