Investment Research report

United States Antimony Corp.

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Research Overview

INDEX:
S&P 500
Sector:
Materials
Position:
Short
Date:
Aug 20, 2012

After conducting a forensic financial and accounting review, Spruce Point believes United States Antimony Corp. (Amex: UAMY), a corporation that processes and sells antimony, zeolite, silver, and gold products, has numerous holes and risks in the Mexico growth story, and is being promoted as a play on a scarce commodity while experiencing a weak capital structure. Based on our investigation, we estimate an 80% downside risk.

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