With initial drilling grinding to a halt and Fe results "eagerly anticipated", we should be in for some exciting months ahead.
I suppose the market will do its thing and judge UMC on results, however anyone who chooses to remain on the sideline for the moment should ask one question.
What are the chances of UMC ever mining a product for which there exists a global demand for the inferior type?
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held