Some sense on this non-sensical thread. Frankly there is more nonsense spoken here that in a stock market sweat shop. It seems that most of you have not realised that a) no-one actually knows who is doing what in the Pilbara and will not until the BHP/Rio proposals pass, are amended or get canned - and b) there is a small crisis with China on the table. Given those mega situations a mere $5 billion of some micro(100 MT) deposit does not get onto the radar at the moment - so we will have to wait. BHP/Rio have a lopt on the4ir plate. Probably UMC's best hope for the time being is that Barnett will beat the drum for the small IO hopefuls on the issue of railway access. If you do not like this uncertaintty then head for the exit door -and stop moaning. One4 day the price under $1.00 will seem a gift. Meanwhile I am riding horses in the Kimberley so will not see any response to this.
UMC Price at posting:
84.5¢ Sentiment: Buy Disclosure: Held
