My GOD you poor naive things…or pro pumpers…
I also own this stock, bought at 2.4 cents but I bought it with some cash left over from a profitable sale knowing that this company was more like a lottery ticket than anything else. In other words it was money I could loose without loosing too much sleep.
Its hard to believe that you folks don’t see a problem in this. I can only conclude you are pumpers or inexperienced investors.
Unwarranted hope is not a reason to hold this, or any stock.
Did any of you actually read the article ?
I’ll post the bits that should give you reason for consideration again…..
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The rest of the results are nothing that would excite the market. In fact they rain humiliation down on UDI’s revenue extrapolation which was intended to infer that the 5opt number represented sufficient continuity so that thousands of tons might be mined for staggering profits.
We passed the results on to independent investment geologist Brent Cook for an expert opinion. He responded: “Reviewing the English Bay “data” here’s my guess. 3 holes in 97, 1 hit. 13 holes in 99 #16 his anomalous values; most likely very tight “twin” to first hit. 10 holes in 2000 w/ one hit of 0.1oz/4’ again most likely aiming at the same pod as previous hits. 8 holes in 2001 again one hit of 0.5oz/4’ and my bet same pod. There are no drill hole locations but given 3 hits out of 34 holes and the stated lack of continuity …well you got the picture. Further, this geologic setting is not conductive to large deposits but small shears associated with minor tensional zones.”
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Anyway I was hoping to find unbiased and objective opinions here regarding UDI. Its obvious that’s not be found. I won’t be posting again….
Good luck to you and try to learn from your experience with this company.
nonrev
