You may not hear from me for awhile, but will post when ever possible.
My parting advice.
Do not be disheartened by todays drop in price, this has been influenced by the whole down turn in the market. If you have conviction and steel balls, hang in. IMO you will be rewarded. Just how far is the big question. I feel watching the stock trades that a bid around the $1.50 is just around the corner. If thats OK with you take the offer.
Todays ann has me rethinking my bet with Col. The intersections are getting very big right on BHP boundary and with BHP people close and obviously walking over the area, would be very interested. The only thing in my favour is BHP being such a mighty player would probably wait to top any bid, BUT they maybe too late if someone sneaks in and gets an option over .. say THX shares.
The confirmed resources, share turnover and interest can only mean ONE decision you can make as a shareholder. HANG IN.
Will post again when possible.
Sorry that HC pulled my post a couple days ago, I thought it was very important for shareholders. But they are the breaks.
UMC Price at posting:
$1.15 Sentiment: Hold Disclosure: Held