KCLau3 Comments
Stock Picks Date: 28 October 2016
Financial educator
poh sim choo
Hi PC, Would you mind sharing your view on UEC? Thanks.
pcwong
UEC is similar like Goldmining Inc.(Brazil Resources) They accumulate resource in the ground. The CEO is also the same CEO for Goldmining Inc.
However, several of their assets are in multiple process of permitting, concept development and assessment.
So far they have not any revenue but their balance sheet looks healthy.
Uranium price remains subdued and it will take some time before it can recover.
Right now, positive progress towards it project development will add value to the stock. even if uranium price remains suppressed.
To really benefit from the investment you should have a long term view.
Here’s their presentation slide which will help you assess:
http://www.uraniumenergy.com/_resources/presentations/UEC_Presentation.pdf
Thank you very much PC for detailed explanation and information! Appreciate that.
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3 Comments
poh sim choo
May 19, 2017Hi PC, Would you mind sharing your view on UEC? Thanks.
pcwong
May 20, 2017UEC is similar like Goldmining Inc.(Brazil Resources) They accumulate resource in the ground. The CEO is also the same CEO for Goldmining Inc.
However, several of their assets are in multiple process of permitting, concept development and assessment.
So far they have not any revenue but their balance sheet looks healthy.
Uranium price remains subdued and it will take some time before it can recover.
Right now, positive progress towards it project development will add value to the stock. even if uranium price remains suppressed.
To really benefit from the investment you should have a long term view.
Here’s their presentation slide which will help you assess:
http://www.uraniumenergy.com/_resources/presentations/UEC_Presentation.pdf
poh sim choo
May 21, 2017Thank you very much PC for detailed explanation and information!
Appreciate that.
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