T4P,
Plenty of joy over on UMC thread & has been throughout the last 12 months. Anyone interested in last Monday's ASX announcement can see why UMC shareholders are happy after the company announced a high grade iron ore deposit of 110 million tons. Would recommend this thread as probably the best on HC for a junior explorer, because it has attracted many knowledgeable posters who are prepared to share their knowledge. Any rock chip type posters are severely dealt with & soon realize they are dearing with the real thing & their debate is pure rubbish.
Currently UMC shareholders are just sitting back waiting the overseas buying to come & drive this stock higher in the short term.
I might say the last 12 months has not been easy for UMC shareholders with several wild price swings last year, so most long term UMC holders understand where the company is heading lon term.
Cheers
Buffett
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