I am glad I am not overweight UXA BUT its not the only small cap...

I am glad I am not overweight UXA BUT its not the only small cap thats been hammered and required convertible notes. So many other small caps are in same boat and many of them have less assets and a MUCH larger MC IMO...

yes, UXA management sucks. Lets just hope they better at doing the GAA/pen business than organizing their own drill program. I still believe the assets we have are worth more than our MC and we do have some pretty significant JV partners.

Even crap stocks can hit the motherload so we still have hope IMO...all i can do is wait and hope the sentiment changes with some upbeat news...small caps that have been hammered are risky but they can provide quick upside if in the right place at right time...

imo this is a 50 50 bet...I normally like better odds but I have made my bed and i will lie in it.