UCL ucl resources limited
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takeover possibilities?

  1. Raasta
    32 Posts.
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    25/03/10
    02:23
    Post #: 6494281
    I am a shareholder of Minemakers and am considering buying shares in UCL bearing in mind the potential of UCL being taken over at some point by MAK or another company.

    The UCL share price is dirt cheap, however the only drawback with such takeover is the lack of outcome for UCL of its Iranian operation issues. Nonetheless, UCL are now concentrating entirely on the Sandpiper/Meob project which may imply intrinsic value left in the company's only surviving project.

    Will appreciate anyone's views on this....
    UCL Price at posting: 0.6¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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