Universal Energy Corp (UVSE)

[mikeyk]

I know all that already, the question I answered was "will UVSE share price rise if oil goes back up" and the answer is no, not at this time. The company needs to remove unnecessary uncertainties first, and is mostlt a NG company at this stage of its life, very little oil is being produced right now, so they have very little product to sell if the price of oil rises. If NG rises, that will help increase current revenue, but more production is needed and the O/S needs to start shrinking before we see any serious price movements.