Look at the chart of this stock. UMC announced JORC on 28/7/2008. The SP of this stock has fell significantly since. Buy when the resource indicated and sell when inferred. That's the way the market does. Given that most-sought-after IO juniors like BRM and MGX couldn't be exempted from 40-50% down, $1.3-$1.5 for UMC would not be surprising if no further good news in near future IMO.
- Forums
- ASX - By Stock
- UMC
- buy indicated sell inferred
buy indicated sell inferred
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online