If you want to compare UMC to GIR, you really need to look at GIR's investor presentations.
GIR target DSO over $1.2 billion tonne. Cash - $80 million plus. Listed investments all over the place.
Into just about every mineral I can think of except Diamonds.
I own both UMC and GIR. GIR very undervalued in my honest opinion if you want to compare with iron ore alone.
Not looking for a cyber fight. Just please take the time to look at GIR before you compare the little resource annoucement of 30million tonne at Western Ck DSO just announceed.
This is but a drop in the ocean for what is to come with GIR.
Earaheedy deposit target more than 1 billion tonne of DSO alone.
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
