Generating a bit of interest today, bit of support building down...

Generating a bit of interest today, bit of support building down to 20c. A few buyers taking their stake of UKD.

Check the charts and recent high's on recent iron-ore co's, IOH, AQD, CAZ, CFE, AGO, SRK. Unfortunately a few had a tumble mainly due to poor grades (IOH, AQD) and the actions of a corrupted government (CAZ), haven't done much reasearch on CFE to see why went from 60c to 30c. AGO still holding strong. SRK would be the better pick of the above even at current prices, IMO SRK will be a major iron-ore producer esp with av grades @ 63% and low impurities with 300mil tonnes identified (partially JORC) and potential up over 1bil tonnes.

Perhaps the recent iron-ore stocks falling down frightened a few away? But UKD has much more going for it than the iron-ore.

IMO UKD should trade in the $0.60 - $2.00 range in the coming months, depending on the outcome of drill results from diamonds and bauxite. I suspect the iron-ore will be very high grade 60+% FE with low impurities, but drilling may be a little while yet?

Load up now and hold.... IMHO....

UKDO - options starting to look like a real steal.