what is going on with this stock., page-15

the market will be asking questions, and only the MOST viable are getting supported.

Infrastructure?

JORC?

OPEX?

CAPEX?

This is not specific to URM, but to all specs, only those that are able to make the leap to a developement status are being supported.

While it may be cheap, if at the end of the day, the OPEX and CAPEX, in a tight credit market stop it dead in its tracks, you have to ask questions.

Consider many i/o juniors with no support, why? faltering outlook for i/o, and too high opex and capex for marginal players to survive.

MAK has consistently shown interest, and support, due to its advanced nature.

POZ as well, likely due to the near JORC nature.

Others that have not been embraced who are near JORC with low opex and capex will be UCL and BON JV.

KRB aught to do well if they JORC, due to locality to IPL.

All the others, does it matter whether they are cheap?

If a 20c stock is reduced to 3c, such as in the case of URM, to buy at these levels, is only if you beleive that others will follow on the "too cheap" wagon, and run it up to 7-8c, but even so, the same reality will set in, on those critical questions, and traders will exit, and it will be left where it began.

So unless they can distinguish themselves as a viable project, with low opex and capex, and jorc in hand, expect only rallies on news from those who have not worked out how to tell a survivor stock from a dead man walking stock.

good luck all

cheers