giving us nothing, page-3

Sorry,

didn't realise you were trying to trade this stock.
Thought you said it was a longer term investment, based on their bauxite and iron ore projects.

I guess it does take more than 3 months to build a refinery in the Kimberley, make a financing deal with one of the biggest bauxite refiners in the world, and drill holes in the Pilbara whilst there is a tight labour market in Australia.

As its been said before, if you want excitement, go the the TAB and bet on the greyhounds.

This the time to be investigating UMCs prospects and planning ahead of their announcements.

What would you do if their results allowed you to calculate an estimated reserve of say: 20Mt? Buy, sell or hold?
What if the reserve was 10Mt? What if it was 40Mt?

Are you just going to wait and then decide what to do based on posts from a bunch of anonymous contributors saying "woohoo its flying" or "what a fizzer" in a few weeks time? Is that your investment/trading plan?


Good Luck with your approach. Maybe it needs a rethink.


Joel