Audacious, no problem I have read the threads a way back and get...

Audacious, no problem

I have read the threads a way back and get a sence of "frustration".

Company is producing (40,000ish oz) a year, $40 mil in the bank, mining for 5+ years with drilling to extand that.

Buyback.....why bother, OZL a miner with proof it does not work in this sector.

I note in brokers recommendations "high risk", that could ease that slightly by fwd selling 30% (or so) for a few years out.

If the price of gold goes through $2,000 (by xmas, if not sooner) there could be a real push for gold stocks which have been mainly ignored in recent years, although the number of takeovers mean the standout performers will rocket, if not swollowed before then.

UML appears to be a real target given SP is at least 10c south of where it should be (ie MC $100m++)

Given local gold stocks are still low would think an ideal time for UML to at least take a good stake in one,two or three, or buy one outright.

When the $2000+ rocket arrives UML will be a prize for all.

Whats with the bots? Someone is playing some game, will get in this week if the bots keep doing their job.

Chances anyone ?