UMC 0.00% $1.30 united minerals corporation nl

miningio, it wasn't so much what was reported today, it was what...

  1. 224 Posts.
    miningio, it wasn't so much what was reported today, it was what was not reported today. UMC would not have announced the two bonanza holes if the others were disappointing. That would be a little misleading and UMC have shown that they are not going to do that.

    My read is that we have some bonanza grades (as good as marra mamba gets by the way) included in the 58%-61%, low impurity DSO.

    Today was a good announcement mate, the tonnes are there. I have no idea whether there is 100mt or 200mt, I do know that if they can now crack the logistic issue we have a viable project.

    I am banking on Matt Hogan having the comercial nouse to make this deposit commercial.
 
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