When I started accumulating UMC it was on the strength of reading and also noting the confidence shown here by many well informed posters and as time has passed I have noted the strengthening of the resource within UMCs tenements. At no stage did it appear to be an overnight viable venture as regardless of how good our resource it was still stranded (ironically between two rail lines). So the best route for us was to increase the resource hopefully to the point where a major player would take interest or we build our own infrastructure,if this takes longer than many would like ,that's life. The absence of frequent reports does not bother me as drilling and analysis take time and the promise of some new drilling in the near future is all I need currently to maintain my interest.
UMC Price at posting:
90.5¢ Sentiment: LT Buy Disclosure: Held
