A poster asks how is it possible for the sp to be back at the level it is at,
i think the answer is in the different time frames individuals have.
There is no doubt that it has been a frustrating few months, but you have to understand that the companies time frames do not always gel with the same timeframes as individual shareholders. To wit , they have already explained that the Berenice results have been delayed due to third party issues, they will be out shortly so just chill.If you take the time to talk to the company, you would know that they are going to firm up a resource at Berenice before looking at any deals, this is the only prudent course of action to maximise the resource.The resource is there, lets get the most for it.
It actually gives me great comfort, that when we raise money we do at a premium, ie , investors far better equipped than us recognise the value, again its just a matter of timing.
In this space a major part of sp movement takes place very quickly, witness the move from mid nines to 15 a couple of weeks ago, thats what can happen when people stop selling and people start buying, what is the point of selling now if you are in at 20 cents. People need to get their head around small cap investing, it can provide some bloody awful moments, but when a small cap is on fire , boy its exciting,its these moments of darkness that make the good times even better. I have done my due diligence, researched the company, met senior management , talked to others, had my views backed up by debt funders and significant other investors, this company is the real deal, its just taking a little longer.
UNV Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
