Good to know that there are individuals around who can and do do indepth analysis of available information. I have a limited number of shares in UC and hope to add to the position when the time is right. When I looked over the information I found on UC I put down most concerns to distractions by management but didnot think the underlying matters were too far off base. The slowdown was courious but put it down to market conditions, conservation of cash and attempt to spread out the eggs kind of thing. SPQ did seem a little on the depressed minded side of things heading into the summer. Put that down to low cash levels and a lot of work over the years then looking to be diluted massively in order to raise new working cash.
Thanks for the fresh eyes view. Guess the new CEO will have to get out the Sanitation Unit but I would like them to get on with exploration first.
Old Joe