Whilst i agree and welcome balanced posts i would mention the following with regards to UCL:
The top 20 holders are willing to wait and are pressing for a resolution in the Mehdiabad Zinc deposit.remembering this is the largest undeveloped Zinc deposit in the world.So UCL have very strong support and backing.
UCL have entered into a wonderful Phosphate project in Namibia.A country with very little foreign risk and of course massive potential.
Given these points alone not only will UCL survive but will move on to become a force in world mining IMO.Many have started this way and have done exactly this.
Management are of the highest level for a small cap
UCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
