Universal Resources/Copperco Comparisons.I usually don't like...

Universal Resources/Copperco Comparisons.
I usually don't like comparing two Companies by using Charts, but there's always time for an exception.


COPPERCO LIMITED ( CUO )
Note** - Assets Now Owned By Cape Lambert Iron ( CFE )
Shares On Issue 861,149,602
3 YEAR Closing HIGH WAS $1.24




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UNIVERSAL RESOURCES ( URL )
Shares On Issue 552,799,439
3 YEAR Closing HIGH WAS 24.5Cents
Note Copperco Has/Had….. 56% more Shares outstanding than Universal





"Point To be taken Is" *** UNIVERSALS ROSEBY COPPER RESOURCE IS 6 TIMES TO SIZE OF COPPERCOS TOTAL COPPER RESOURCES & Calculated at an Identical 0.03% Cut-Off !!!!!

YET SHARE PRICE HAS NEVER REFLECTED THIS OVER THE PAST 3 Years !!!!

My Question to those that have Held URL Shares over the past 2-3 Years is " WHY "

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Current URL Stats as at May 21 2009

5-day EMA: 0.036
10-day EMA: 0.030
15-day EMA: 0.025
30-day EMA: 0.019

Avg Volume: 5 Day 60,201,496

Volume Prior To Trading Halt/Suspension
15-05-2009....87,832,920... 771 trades
14-05-2009....49,512,697... 370 trades
13-05-2009....57,088,978... 371 trades
12-05-2009....78,453,917... 398 trades
11-05-2009....28,118,971... 156 trades

Total 5 Day Volume Traded 301,007,483 Shares (2066 Trades)

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My Personal Take On The Current Happenings Are As Follow.

SO WHO IS ACTUALLY LOOKING AT URL's ROSEBY RESOURCE.
( Australia's largest undeveloped open pit copper resources )
Other than the known likely Contenders Xstrata/Cape Lambert etc.

With the long delays that are currently occurring at present, I have a distinct feeling that the offerings of Finance/Capital Raising Etc, is coming from outside Australia & I suggest it may well be from U.S.A or possibly China, but my preference would be the U.S.

I tend to think it may well be a U.S. Company that has sought out an Investment in Universal.

Like many over-seas Countries at present, they can see immense Geographical benefits in Investing in Australian Resource Companies with our close proximity with China/Asia.

One thing is for certain, whether you like or dislike the current URL Management is that Universals Roseby Copper & associated Resource's are incredibly under valued at its current share price of .04cents.

Well that's all I have to say at present, & will now await the beginning of News, to which on all accounts will begin Tomorrow, with news on capital raising, but I suspect we will go well into next week before we know the Big News on Universal future & that's the news I'm waiting for "Capital Raising is just a mere distraction"


Cheers to all URL Holders " New & Old "

I'm Personally Expecting A Big Movement In URL's Share Price Next Week :)

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