I dont understand why UMC has been absolutely smashed, the annoucement had found a fair amount of iron ore and showed the obvious huge upside in exploration, being a YML shareholder/iron fan that wasnt holding UMC gives me a chance to buy at a cheap level, didnt think they would come under $1..
The market always over reacts and UMC has clearly been oversold, i just shake my head and hope that this dosnt happen to YML....
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held