UMC 0.00% $1.30 united minerals corporation nl

junior io stocks, page-3

  1. 2,238 Posts.
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    Thats exactly my point....i think it is wrong to announce a target of this amount with no holes drilled or no hole drilled indicating an economic deposit......Olympic dam has a trillion dollars worth of ore in the ground...I brought tasman resources because they have significant ground near bhps mine...within 20 km. They have found a number of massive iocgu systems close buy...but as yet have not found economic grade...has been all low grade....whats to stop them announcing they are targeting a billion ton deposit just because bhp has it across the fence
    The compliance to code needs to be tightened...Another example recently is sau....they announced they are on the verge of an imminent discovery...gold is sticking visably out of the ground
    I hold all of the mentioned stocks

    dror

    pete
 
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