Been holding for a couple of years at a profit until the merger....

Been holding for a couple of years at a profit until the merger. Lost over 1/2 my money since then and based on the overhead and upcoming dilution, probably going to lose some more so sold out at .47 today. Sad. Also thought U308 would recover faster than it has. Too much overhang from Japanese supply I guess.

I should have listened to those that examined URI before the merger and complained about the big salaries and lack of previous progress. Also question how much they are going to save by dismantling the old plant, shipping and rebuilding in Turkey. Overhead will more than chew up any savings.

Good luck to longs.