thx and umc the next play, page-18

Smuck
Copernicus is an example of why they need to have control.
PAN wasn't in a hurry to get that on the market because it had other resources which they could get a better return on. Not have to share the profits 60/40.
Uranium is the No.1 project this year from what I can gather plus they're going to drill a few holes in Frank Hill Project to see whether there anything as good as they've found while doing their ground work. I understand there's someone doing work up there at the moment.
As westaussie said recently there's been interest from outside parties relating to what they've found to date at the Frank Hill project.
They have enough money to keep them going for the next 12 months and hopefully buy then UMC will be valued upwards significantly by then to move it on.
Another resource update should hopefully move that project higher.
I imagine there would be interested parties keeping a close eye on UMC and THX's 13%+ holding.
Regards Dabru