UMC
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0.00% $1.30 united minerals corporation nl

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  1. ohyeah76
    3,479 Posts.
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    28/07/08
    16:38
    Post #: 4043405
    hey all,

    I don't know too much about AGO, so please excuse my ignorance/stupity, but they have a resource of 1.3bt, of which 468mt is inferred. They closed at $2.63 today. We only just released the 110mt resource and we've been in the $2 range for some time.

    Can anyone explain how that can be?

    Not trying to start and AGO/UMC war, just trying to understand it a little better.

    thanks
    UMC Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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