take yor money and move on...

Sorry guys...

It is rare that I feel the need to can a stock...but I really fear there may be those who think they can "invest" in UCL as if they may one day make money.

UCL for what ever reason was actually one of my very first investments as a "professional trader"...in fact in spite of years of "investing", my two forst buys as a pro were EQR (9c) and UCL (5.4c)...lol...

"...a crockodile grabbed me...my head went one way and my legs went the other".

So...as each stock went their separate ways (EQR to 50c)...and UCL up a little, then down...and down...and dooooown...so they were collectivelt to become my very first lessons in the market.

The lesson of course was that some stocks will never go up enough for all holders to make money...period!

Look at the recent reaction to Iran's release of the UK soldiers...geez...if this is the sort of thing you want your investment to be rated on, then I reckon you need your head read.

lol...tell me this is not a project living on the edge?

Some might want to draw comparisons here to AGY...perhaps an even bigger project sitting equakky idol under a declared "force majeure" classification...perhaps something euqally appropriate to Mehdiabad?

Difference I guess is Burundi wants peace...wants to devlope their resources...and more importantly, wants foreign investment.

As for the current legal action...lol...read between the lines folks...this is never going to be just handded back to UCL now, the intentions are...sadly...perfectly clear!

In fact, the similarities to AGY is perhaps an unfair reflection on AGY, as they really do stand a decent chance of developing their equally impressive resource in the face of a change in circumstance...something I can neve see happening in Iran.

I think holders...and indeed potential holders...need to face the hard reality that UCL is in real trouble here...in spite of a proven resource with significant upside, potentially the biggest undeveloped zinc deposit on the planet and in one of the biggest resource booms in history, UCL has managed to fall from a grand high of 13.5c all the way down to sub 3c.

What is the message here?

This is a regime that kidnaps westerners from international waters, hates the west with a passion, refuses to adhere to internation nuclear procedures, declares Israle should be wiped off the map, readily declares "gihad" on all who oppose their views...and has next to no international investment guidelines to speak of.

And you think this regime will honor "agreements" with a western country? I have heard of optimism, but this is "rediculous".

If I were to think of the worst possible scenario for my money in any stock...the riskiest way to NOT make money...I would point to UCL.

This may not stop the price from rising however, or falling, or whatever, at the hands of those with considerable exposure to this dead-man-walking, but it will not prevent the ultimate demise of shareholder value...eventually.

I think anyone pushing the merits of this stock on unsuspecting "newbies" aught to take a long hard look at themselves!

Anyway...I guess you could say I see UCL as a most extremely dangerous hold, with a real chance of losing 100% of your capital.

Cheers!