RE: RE: RE: What Do You Think About UCU?I could be wrong but I have a hard time seeing Quest anywhere near $6/sh by year end.
I can see Ucore easily being somewhere around $1. Easily, providing they come out with their 43-101 before then. As we approach that event I'm expecting to see an increase in sp as drill results come in through the summer and fall. There could be other news that will have a positive affect on the sp as well (perhaps another USGS mineral research grant like last year, ree news from the US govt, more news out of China, perhaps Dines?).
Which would be the better investment at this point?
There's alot of people frustated with Ucore at this time...confidence has been shaken. No one likes it when a company doesn't follow thru with their plans. But lets face it, this is the venture. Things could be much worse for those of us invested here. I believe mgmt is trying to move this project forward (maybe gaffed with the cre but it was a learning experience for all of us) and given time, the value here will be (more) apparent.
Good luck with your QRM investment freedom (not saying you'll need it!)...
Seven.