Looks to me like they are making this a shell company. IRM purchased their buildings last week and now their tenements, so what is left? Seems that IRM are buying up a lot from the other companies in the DZ group. UOG, ENL and ACW probably only have money for a year at their current rate of spending. IRM just received $6 million so will they be proping up the others? Maybe shareholders should be asking questions of this group if they want to see any return for their money.
Seems that everything IRM, RVR, UOG, ENL have done the past 18 months has been all inter-related. Nothing New! Directors are all the same, no independent ones looking out for shareholders interests. Plus giving out monies to DZ for his unlisted companies - Black Gold, Century Gold, Gold Mountain etc etc and some I haven't as yet received in the mail asking me to invest, and the answer is definately no!
UOG Price at posting:
3.0¢ Sentiment: Sell Disclosure: Not Held
