UMC 0.00% $1.30 united minerals corporation nl

guys people are either selling umc for:1- have waited too long...

  1. 762 Posts.
    guys people are either selling umc for:

    1- have waited too long for this company to realise even half its potential;
    2- are making a statement to the company, re: unhappy with management;
    3- iron ore is not the flavour of the month but will always be a long term commodity in my eyes;
    4- some1 is selling regardless but for there are no substantial changes to the registry list because they are doing in in small amounts, but once they stop, an increase is likely imo;
    5- awaiting for drill results, which should of come by now and thats why i refer to point 2, which i feel is evident.

    Excellent resource, proximity to the majors, infrastructure should fall in to place, above 60% DSO of 100 MT which is substantial for a junior, Plus more upgrade potential. This deals well for the future because in the long term, companies with over 60% iron in countries of less political risk-australia excellent!, then umc should be a lot higher, thats why i am dumbfounded at the moment, but as long as i keep them for the VERY long term, and seek other opportunities, umc will come into its own.

    :)
 
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