When the price of silver corrected to $32.XX I jumped on bullion and also a stink bid on UC. I tried to buy for $0.055 with no result over a week and a half.
I did buy just under 100K @ $0.06 on Thurs or Fri of last week.
So, these shares are pretty tightly held in my opinion.
1,400 shares at $0.055 is not a trend.
We should start seeing SP results later this year with $0.125 target if Xora &/or Pinto proves up feedstock > than tailings grade. Even 1 or 2 years of extended mill life at present yield is huge when considering UC as a going concern vs exploration company.
I suggest that a company with proven sustainable gross margins of $2.4 KK a year is worth more that 5 X earnings.
FWIW
Aafab