UMC united minerals corporation nl

lower entry, page-12

  1. 300 Posts.
    Timing is always an issue but the present factors could all fall into place quite quickly:
    Resolution of the Rio/Chinalco deal. Once done then Rio will be in a position to deal again which might trigger BHP/FMG
    China being moved towards a reasonable IO price settlement imo
    IO sector is underperforming resources relatively - buy low/sell high (never know how to attach charts to HotCopper)
    JORC upgrade
    New drilling results
    All above will be positive imo - buy below $1.00 to at least double your money - timing - crysrtal ball does not reveal - yet

 
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