great week, big open monday, page-3

Unfortunately UMC seems to have a history of rumors occuring when someone wants out.

Our only saving grace as you have pointed out is that it has held up well. This is a relative concept though. BRM has been powering along on no rumors. Sell depth very thin and an accumulator mopping up everything for sale. Sure there has been solid buying on UMC but there is plenty of stock of sale.

Its time for management to STAND up and deliver announcements of substance on key strategic issues such as a Chinese cornerstone investor/offtalke partner, JV with other IO plays here or MGS. But what hope do we have if they can even deliver drilling results on a timely basis eg Mt. Robinson. We all know the turnaround time for results these days given what other companies are currently reporting.

I think we are all getting tired of being the bridesmaid while other ugly ducklings out there are either doing deals/promoting their stock or securing chinese support.