UMC 0.00% $1.30 united minerals corporation nl

sinking like a dead cow, page-9

  1. 253 Posts.
    Hi All,

    All this conjecture is stupid. Seriously.
    The share price is reflecting that our little company is worth $100m. Now how can this be when you have projects such as;

    1. Iron Ore (Camp Hill, Fork, Jocelyn) all tenenments in a great ánd 'proven'area!
    2. Bauxite JV signed! WITH A major!

    However, its still $0.95c???? Capped at $100m???
    Its stupid.
    Seriously - I've never seen a small cap company with a Major Aluminium/Bauxite producer as a JV partner and still worth a paltry $100mkt cap. I don't get it!

    For all current shareholders (I for one have held since AUboats postings circa this time last year - God bless you Sir!)

    WHY WOULD YOU SELL UMC SHARES AT $100m mkt cap, when you have two projects above. WHY?

    Enough said.

    Cheers
    D
 
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