XAbi,
I am not the most knowledgeable person in UMC thread to develop around that topic saying so:
1. it seems like they applied for the tenements back in October November at least (see Monday thread w MAgix ela 1870-1875 and check post No #3967567 then check Nov Posts No 3967140 by AUboat )
2. IF they dont have the tenemts it is not mandatory to announce them from my experience w other stocks.
BUT - knowing UMC management why would they disclose now??
...T/o JV in the air???....Who knows...Funny how much research UMC management has already achieved on tenements when u read Ann...at same time they ask us not to take for granted all their info(if tht makes sense!)
3. A funny thing: go to page 5 and check the "GROUND TRUTH EVALUATION OF IRON MINERALISATION WIHTIN ELA 47/2029"
look at b) point - end of the para it says: "...Etarak, Dog leg where Goldsworhty Mining Limited reported the inferred minerlisation resources outlined on Table A3 above>"...so they are already drill results or how could they provide an inferred resource!!! + where the hell is that tableA3 Above anyway!!!!!!????????
Funny... ; )
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