Good evening speculator101, good post and thanks. As to your question re: UML's unsold gold, I'm sure they wouldn't be liking the current gold price at all and especially given that Mr. McIlwain was buying just recently at about 10.5 cents!! I certainly hope that more companies that are financially able to hold onto their gold do so,for a time,if only to make a point. I've seen this companie's SP collapse before from much higher levels on HUGE volume so this current fall on such ****weak turnover really irks me. The chart would seem to indicate that .065 may be where we bounce from and I sincerely hope so. Anyway, as we're now only valued at cash on hand, gold on hold and bonds I'd say it's a HUGE buying opp. Good luck should you decide to dip your toe in speculator and also to to all my fellow patient but battered holders.
Cheers, Audacious.
UML Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
