Okay, thanks for your opinion. My opinion is that UC has bottomed, or is very close. Since they are now cash flow positive, the dilution is over. For the record, I HATE DILUTION!!! Dilution is a stock killer and UC has been diluted in the past, no question. However, I believe it's done and so a new chapter begins.
Many PM stocks are way down over the last few years. Some deserve to be down, some don't, and some are ready for a turnaround. Given UC is not strapped for cash, has cash flow, and has virtually bottomed makes it an attractive speculation for a basket of juniors. That's why I'm in. If UC was busted, looking for cash, and did not have a producing mine I would not be so ready to buy it.