Quite frankly - everyone should go through past announcements for MRO and UKL over the last few years, All you can read is promises, promises & more promises. For the last 4+ years this pair of companies have embarked on various so-called exploration efforts including one announcement by Malone (UKL) in ~2006 that they would be mining uranium inside the next 6 months. These directors are either having a lend of themselves or a lend of the shareholders (of which most have been burnt by ~95%).
Until they sell their 1st gram of uranium (or gold) I rate them as a big black-hole for the shareholder's hard earned. So far the exploration results have been a re-run of Ground-Hog Day.
Recommend waiting until they have a real sales contract before touching this one with barge pole.
MRO Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
