joelbaby, page-14

sava,

could the missing link in ur research be this:
THE MARKET HAS CRAP ITSELF!!
ALL RESOURCES, NOT JUST UMC, ARE OUT OF FLAVOUR AND GETTING HAMMERED.

take a look around sav, all the rsources are down 50% from their highs.

look at AGO, not expressing an opinion on this stock just drawing a comparison, it's copped a hammering as well, and its closer to production than UMC.
even allowing for ore quality and tonnage differences to umc, one would think it would hold its value being so close to cashflow.
but has it?
NO.
in fact, from a high of $4.37 to todays close of $1.83 AGO is down a whopping 58%.

sav, i have no problem with u waiting to pick the lowest entry possible, but when u go on and on and on and on about this research and the missing link people start to question ur credibility.
the research is there.
the fundamentals are there.
the missing link is market sentiment.
if u cant see that in all ur research, maybe u shoul re-evaluate ur research methodology...

and one last thing sav...
u mention this "supposed high level marramamba ore 90 mill tonnes"
supposed??
its jorc compliant sav.
do you know what that means? it means its there. it means it exists. in fact it means they have drilled lots of holes into it. it means...alot of things sav.
but can i recommend the jorc code as a starting point for further research and a better understanding of what it means.
it may lead u to the missing link in ur research.