re: Ann: UTO Combined Quarterly Report to 31s...
Hmmm having been away from the market and just looking at the quarterly now I'm quite suprised at the pullback, that being said I thought the MC looked a bit stretched in the 20's without any additional drilling results... fortunately I had taken half off the table at .23 so I'm not complaining.
However if they are able to backdoor some project in SA in say Peru, Argentina or Chile that could be a potential gamechanger IMHO. One only has to look at some of the runs that GMD & ELT have put on. Elephant country indeed.
I'd like to say a nice support around 16c would be nice but with the lead we've got going into Monday who knows, definitely close to good buying levels again
UTO Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held