From what others are saying looks like you may be right and I've never been so glad to be wrong. Going to be a happier easter with UMC sitting at $1.345.
I still feel there will be a retrace on announcement day but maybe not as severe as I thought. Again hope you are right and it actually goes up on announcement.
JB we know the holes are high grade and a continuation of railway but wat width is high grade? If it turns out 20m+ for 199, 201 and 202 then it will infer quite convincingly that the ore body continues to the east at the widest points of the tenemant.
That is a major breakthrough which is why I feel the recent spike in share price, against market conditions is due to the coming announcement or speculation on the coming announcement. It is not just '1 to 3 drill holes'. It is confirmation that the orebody is continuous to the East at a decent width that is what I think people are excited about (including myself).
Happy Easter everyone. Great thread.
UMC Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
