It's like anything though their main focus was not in what could be deemed the "product of the moment" To their credit they realised the potential of what they appear to have laying in the ground namely phosphate and hey presto. A similiar story is with MNM. No one gave a rats about firstly their gold projects. They announced their coal venture and the share price escalated for a few days before dramatically falling off. (Opes Prime also played a part) Then they mention the phosphate prospect and again hey presto.
Took a holding in URM on Friday. Couldn't believe that million or so shares being gobbled up like that on Friday. Someone wanted them. With results due soon, one would anticipate a nice rise in the share price over the coming months.
Add to My Watchlist
What is My Watchlist?