UMC 0.00% $1.30 united minerals corporation nl

That sounds like what people said about FMG for the last 3...

  1. 1,739 Posts.
    That sounds like what people said about FMG for the last 3 years.

    What the share price is reflecting is the likelihood of production ocurring. Of course ... you're not aware of BHP's recent application to build 2 rail lines going direct to, and stopping inside UMC's tenements?

    You're not aware of BHP's intention to double-track the Mt. Newman line to Port Hedland also?

    If you know anyone who is a geologist, ask them if Microplaty iron ore is 'any good'?

    Finally a question for you, if you don't mind. Since you say you will be a fervent holder one day, then please could you put up your estimate of the profit that production of 2Million tonnes per annum (transported by road) could generate?

    I am already a fervent holder.




    UMC - WHAT A MONSTER!!!!

 
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