Ann: Update on the Uvs projects in Mongolia , page-17

Unfortunate with what happened, although company is now cheap

Pros- small market cap, has coal licenses, potash isnt dead and buried who knows what could come, also chance to acquire more coal projects i.e. VOR, CEO etc

Cons- has not really did much for 2 years, 2 major projects may be duds shoemaker and NOW only has $1m cash, see from latest presentation. They spent 1.9m recently (from Quarterly to October 2011).

Will take time and will need cap raising before next drilling, unless they get a signficant investor on board

However, it wasnt nice to be shouted down by some members when in the past 2 weeks I was simply pointing out some occurrences (i.e. spikes and relative volume changes that seemed out of character in my opinion). I was just warning fellow Hotcopper posters, and in the end that warning turned out true. I still think long term say 6-7 months on it can go well, but will take time.
Good luck!