Guys,
Give these guys a chance. Raw assay data needs interpretation and there is no reason to declare anything to the market until they are sure of what they have, and where to from there.
You all believed in the company at $2+ why would you have any doubts now? If results were bad would directors be buying? I am not suggesting they are buying while holding sensitive data, I am suggesting they presently have nothing to say, and that's fine by me. I don't want to read half cocked announcements, I can go to other companies to do that.
Giving information to the market prematurely may give short term gains, but does not help holders in the long term.
patience is required IMHO.
I still believe UMC is one of the better juniors in the Pilbara. Well run, but like a lot of iron ore hopefuls are suffering from current market conditions.
Cheers, long time no speak, Tony.
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