"In fact if gold was to shot up this would be a good buying opportunity maybe one we will never see again"
If only I had a dollar for every time I've heard about a buying opportunity that will never be seen again I'd be a very rich man.
Cutting costs and improving production/grade is all very well, but how much improvement have you calculated they'll need to stop burning cash? I've done the calculations and that's the reason I'm not holding anymore. (except for a tiny parcel on one account)
UML Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held