The reason why the article puts more emphasis on the bauxite is because Jim Richards was the official company spokesperson for the article.
I explained in a previous post that Jim was very excited about the prospects of their Bauxite reserves, however the directors are more than excited about the iron ore.
Either way, the editor explained it to a tee:
"Western Australia-based explorer United Minerals Corporation has two potential world-class, company-making assets that could both transform the company into a major mining house.
Cheers
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held