UMC 0.00% $1.30 united minerals corporation nl

a sellers market, page-10

  1. 13,186 Posts.
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    IMO the 'plan' is to drive off existing shareholders who are not:

    • directors
    • directors friends
    • instos

    .....and vend the balance of UMC assets, which include cash + all tenements less Railway, into VNS.

    Existing shareholders which will be dominated by the above 3 will then receive an in-specie distribution of 1 VNS for 'x' UMC.

    This is where the big ripoff of shareholders not in the loop ends.

    That is the reason why Wolfie has changed his sentiment to 'sell'. It's a ploy orchestrated by Matt and executed by Wolfie.
 
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