so for all the intentional purpose is to make the stock go up not down,when gold was trading 1800 us , they thought it was undervalued , possibly around .20 and up fair value , now gold down 20% from peak, stock is also down 20% from recent highs, which i would of thought they would try and accumulate around .15 to try and hold fair value,clearly this is not the case, so i ask this question considering market turmoil conditions , what is fair value and do they beleive gold would drop further and are they going to adopt the wait and see approach before buying in large numbers again.
UML Price at posting:
11.5¢ Sentiment: LT Buy Disclosure: Held