UMC 0.00% $1.30 united minerals corporation nl

Yes blokes, initially, I was a tad disappointed when that big...

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    Yes blokes, initially, I was a tad disappointed when that big seller came in after preopen. Not so now, as I'm pleased to see others capitalise on that small window of opportunity to get on board.

    Some, unfortunately will never see the forest through the trees.

    I'm more than happy with today's announcement as I consider that the discovery of Jocelyn has added a new dimension to UMC's Pilbara tenements.

    Indeed, it confirms what I mentioned many, many months ago, that the Goldsworthy report appeared to be more of a "hit and miss style of drilling and sampling".

    One must consider that at the time Goldsworthy was actively in search of Fe in the Pilbara, the steel industry was in a global recession. Additionally, geologists back in those days did not have access to agile aircraft, such as small helicopters but rather fixed winged aeroplanes. Nor did they have access to sophisticated equipment like the Aster satellite imagery.
 
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