In 2007, the best performing stocks (on average) will be the emerging junior producers, IMO...
at this stage in the Precious Metals cycle, if your just an exploration company, the chances of finding, financing, and developing a good project is starting to get slimmer... becuase it takes so damn long to develop a project (several years or more)... so if you haven't found the basis of a feasible project by now (5 years into the Gold Bull) chances are your ground is probably 99.99999999% Moose pasture...
in 2007, I predict that investor capital will start shifting away from the more risky/speculative exploration plays into less risky emerging producers, as the emerging/junior producers will offer investors exposure to strong returns, but with far less risk than the exploration plays.
And ol' UCOI is a North American play... which is far less risky than being located in some 3rd world countries... just ask Americano how quickly "country risk" can trounce a stock.