it would be well worth URM punters' time to do some research on CGM who have been chasing this type of gold occurence in Brazil for years & years & years. Narrow discontinuos viens of high grade material that locals have been hand mining for a long time. Spot grades can read sensationally but an economic large scale mine has proved more than elusive .... in fact, CGM make their cashflow out of contract drilling for other companies !! Trade the inevitable high number exploration results, but don't dream of an Eldorado .... the mine these sort of plays are best at is the stockmarket
URM Price at posting:
18.5¢ Sentiment: ST Sell Disclosure: Held