It depends on where you purchased UC. At a 4 cent close I'm up slightly in my PF holdings. At 3.5 cents I'm down slightly. So the perspective is different for each shareholder. There is plenty of upside for UC at 4 cents. A comercial production announcement and a higher price for silver will likely also be catalysts to send the UC share price up.

UC has been trading pretty much flat since I jumped in but many other silver and gold stocks have gone down over the same time period. A few have gone up but very few.

UC has many advantages over other stocks that trade under 25 cents in that they can generate cash. Personally I'd rather see managment build value for shareholders in the long term, than see them sit on 6 million in cash and do nothing. JMHO