Mate it just didnt look kosher, thats all.I remember this...

Mate it just didnt look kosher, thats all.

I remember this happening to AGS around .30 cents mark

Then saw the same with BRL around 6-8 cent mark

If the holder has enough shares they can dribble sales into the bidders creating uncertainty, then captitulation. They can drive the SP down fairly easily & accumulate much more than they sold at much lower prices.

Is it happening here? Could very well be. In my opinion, UKL should be trading at a much higher market cap. Definately an equal, if not a superior share to BLR (not knocking BLR - I hold) yet trading at under HALF the MC of BLR. If they are doing roadshows in the US & have caught the eye of someone, then expect fireworks.

Their projects are JORC & near term production
New exciting additional tenemants
Additonal aquisitions?
Amazing management with GREAT U experience
And more....

Patience = rewards IMO

cheers