UMC 0.00% $1.30 united minerals corporation nl

Hi All,All this conjecture is stupid. Seriously.The share price...

  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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