UMC 0.00% $1.30 united minerals corporation nl

It may be frustrating but you must WAIT! The company has been...

  1. 300 Posts.
    It may be frustrating but you must WAIT! The company has been and continues to do a wonderful job for the shareholders. They do not control the assay labs and no doubt are impatient for the results as the rest of us. It would be quite irresponsible for them to try and stoke up any speculative fires at any time, let alone in a raging bear market. We want proper information, not spivy speculative statements. The shares are fundamentally absurdly cheap, along with many other companies in the major category such as Rio and BHP. The market will settle, as it always does, and then the real values will re-emerge. UMC has 100MT plus of high grade ore which, given an access to market deal which I am sure they will get in due course, is worth something like $8/tonne. That is the real world - leave short term speculating to the gamblers who usually never make any real money compared to the long term holders when their investments are in solid, well managed companies. Meanwhile, if you don't like the heat of the bear market then leave the kitchen! End of lesson today :-)
 
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Currently unlisted public company.

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