UMC 0.00% $1.30 united minerals corporation nl

fmg v umc chart update

  1. 13,187 Posts.
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    I have been plotting the following chart for the past two months and have been observing how UMC's daily closing price has just about mirrored FMG at the current sp levels. As of yesterday UMC has commenced to break away from FMG.

    Not suggesting that UMC will ever reach the dizzy heights of FMG, however it is a fair comment to make that @ 69 cents on 7/1/2004, FMG closed a 57 bagger today.

 
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