UMC 0.00% $1.30 united minerals corporation nl

broker and media reports , page-65

  1. 58 Posts.
    Just being cautious Tim as in the past when the price spikes for no apparent reason there is usually an announcement soon after. When the announcement actually comes, even if it is very favourable, the price seems to fall.

    I didn't take note of the order sizes in the past, but wouldn't be surprised if people were trading 100k 200k parcels for a quick profit.

    Hope you're right though Tim. Also I would hope if these assays come back around 20m + of high grade that there would be a permanent re-rating despite the traders. UMC can't keep falling back to $1 as the picture keeps on getting better.
 
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