URL universal resources limited

Talking of management incompetency.....One need not go any...

  1. 1,313 Posts.
    Talking of management incompetency.....
    One need not go any further that URL (Universal).
    Michael Hulmes and his equally hopeless underlings, are totally out of touch with reality. Totally uninspiring.
    Today they announced a good deal. XStrata agrees to go-ahead with an old agreement, and spend $15 million on Copper exploration. Huge news.
    In parallel, their own Copper project at Roseby, seems to be advancing rather well.
    Throw in some 10 Uranium tenements in the most Uraniferous region of Queensland, right next door to Summit's deposits and Mary Kathleen (they own part of it) and you have the ideal scenario for a very succesful and dynamic explorer.
    What do we have instead?
    One of the most pathetically unperforming, lamentable case of utterly incompetent Management..... The result?
    No kudos for correctly guessing it: The URL price has been chronically in the oubliettic doldrums of mining and stock market unimportance, comfortably sitting at 10 cents!!!.....
    Makes you think......Is management OR the actual prospectivity of a company's Tenements more important......Again , no kudos, and no .....URL incentive options for correctly giving an answer....

    Cheers:)))
 
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