UMC united minerals corporation nl
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questions for matt hogan, page-19

  1. dnbuck
    286 Posts.
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    24/09/08
    15:28
    Post #: 4307257
    Part of some correspondence I received a few days ago in regards to releasing announcements related to railway....

    nothing has changed with the orebody, if anything it gets better but diamond drilling is slow, 15m per day instead of 150 m RC. You can work it out that progress is slow.

    We have a great discovery, the Company is well financed and the current market is we believe a distortion.

    UMC Price at posting: $1.28 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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