I'm only focussing on Railway and Jumbo Junction for the moment. The magnetic lows resulted under very specific conditions and one such condition is their unique location with respect to the anticlines.
Now we all know how ultra conservative UMC directors are and I think yesterday's announcement is no exception, but I feel that we do not have sufficient knowledge in the reading of magnetic data to come to any conclusions other than accepting what Barry pointed out.
Point I'm making is that if the cool colours at Southern Flank covers a larger area than Jumbo Junction, why is Barry not targeting this area as well?
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
