UCL 0.00% 30.0¢ ucl resources limited

this is closely watched..., page-3

  1. 2,995 Posts.
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    A couple of points:

    From Andrew's report of Eureka,
    " think that unless Australian Mining Investments' Rocklands discovery is quickly exposed as a fraud or a mistake, as the sceptics expect, then not only will AMI go to more than $20, it will have a profound effect on the entire mining sector".

    What happens if AMU is disclosed as a fraud? Weall remember the hard times after Bre-X was fraudulent antics were discovered.

    Next regards trading in UCL. Apart the OAs menioned what I noticed on the fpos was also of interest.

    At one stage there were 135k on offer at .073. Someone bid for 200k leaving 65k outstanding on the buy at .073. Testing the waters, I figured, to see if any further were being offered. No takers so bid was pulled 5 mins later. One hour later some put59k odd at .073. Someone bid up to 150k at that price. Took the 59k, left the remainder for a few mins then pulled bid again.
    Similar thing was done later with .074, but instead of pulling rest of bid, dropped back to .073.

    All in all, loking at trading made me think someone wants afair few more.
 
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