Investing is all about assessing the risks. IMO this stock has more chance of moving up than down.
How can the price go down (unless some major international event happened ... in which case the US and we would be stuffed anyway) with the size of the resource it has?
This company has been quietly working behind the scenes for years ... diligently crossing the t's and dotting the i's, with no major increase in the share price ... and although no-one can pick timing ... the next move must be up.
Finance is critical ... although mind you if I was a financier in this competitive finance market ... I would take a risk with this one.
I'm very impressed by how the stock has held up and buyers absorbing the recent large sales.
The top 20 shareholders and the percentage of this copmany that they hold should say it all.
I'm quietly accumulating (what I can) ... knowing that any interest from non top 20 shareholders will send the share price into orbit (too closely held and not enough shares for sale).
Good luck to all holders ... time should tell!
Regards,
Zippy
UCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
