MFE magnetite mines limited

crabbs umc mark2 at bargain basement levels...

  1. 9,188 Posts.
    [woops, typo on the thread title; lol; HC NEEDS an edit function; just accidently posted on UMC thread; see - HC REALLY NEEDS AN EDIT FUNCTION]


    Got to the point of insain cheapness today.

    ROY and UMC should team up.

    I have been VERY VERY VERY impressed with UMC over the past 2 months. Crabb should organise a merger bw UMC and ROY at $0.50 ROY share price - cash or script; could care less bw the two -> UMC script is quality.


    Irrespective, ROY have excellent Ironore assets and as screaming value.

    Their hits (in depth and grade) are in FMG/RIO/BHP/Hancock (Rhineheart) league...ok, maybe a little exagerate...but they are absolutely excellent.


    And they have cash backing at 10 cents!


    Will bounce back to 24/25cents by monday/tuesday.


    Cheap!..........
 
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