UCL 0.00% 30.0¢ ucl resources limited

Ann: Road Show Presentation , page-6

  1. joe
    536 Posts.
    Hi Graeme,
    I read Scanno,s post to me that he has bought a reasonable number of shares in the company & now considers the risk versus the rewards is worthwhile with the company, considering company information on progress & the committment to keep shareholders fully informed.There is also a time scale for project develop that looks very positive. Seals, has been in the company for much longer than me and has a much larger shareholding than myself.I may buy more if the share price continues to languish with current market sentiment as things are looking very positive for UCL and P & food supplies look to be commodities in short supply.
    I understand you have studied the P situation & may be more qualified in this area than most of us??
    It comes back to your risk profile! Nothing is certain in the world of commodities & mining but you could consider a small investment in UCL at current prices.It will give you some skin in the game as the saying goes.If the company goes well you could increase your shareholding or conversely sell out if not confortable.
    I would certainly keep the wife happy with a new kitchen but I think you could risk a small flutter on UCL on the side.
    Again it all comes down to your Risk vs Reward profile.
    You have to be prepared to loose your money.
    No body can give you gold plated assurances with speculative companies like UCL though it does look as though things are turning in shareholders favour with current activities.
 
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