UMC
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0.00% $1.30 united minerals corporation nl

new quarterly, page-9

  1. ohyeah76
    3,479 Posts.
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    30/10/08
    11:15
    Post #: 4447396
    why is the sentiment of JJ so down?
    was everyone really expecting another Railway??

    "The Fe and Si02 assay results with low Al203 + P values at Jumbo Junction present the opportunity to upgrade the material to produce a “Brazilian style” itabrite fines product of 63%+ Fe by simple beneficiation."

    now i only know of one "brazilian style" and barry doesnt strike me as the type to have one of those, so can anyone shed some light on what they mean.

    63%+ Fe by simple beneficiation - that doesnt sound like bad news to me. but then i dont know wat barzilian style itabrite fines are either...
    UMC Price at posting: 60.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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