UBR MD&A hilightsSince today is a very bland and boring day I decided to read the MD&A from UBR that was released last month, here is their current positon
As Of March 31, 2009
$1.4 million cash from tax credit and loan
$9 million in assets
82 million common shares(100 mil with warrants and options)
news that should be coming out shortly
- 43-101 resource estimate
- financing
I think things look ok for this play and since people are dumping at 3 cents its a good price to get in at. I averaged down today.