UMC united minerals corporation nl
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Exactly Pagarsi!They have drilled one hole east of the...

  1. bungy234
    13,335 Posts.
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    21/02/08
    13:46
    Post #: 3379497
    Exactly Pagarsi!

    They have drilled one hole east of the north/south discovery line.

    We have 1.4 million sq mtrs from the discovery line to the eastern boundary.

    Imagine if we draw a 20m x 20m grid over this area. What is the probability that 40m (visual) high grade is the best intersection?

    1 in 3,500 chance!!!!

    Q. So who will be an April fool this year?

    A. Anyone who misses the fact that 100Mt will change to 165Mt at today's prices on April fools day!

    UMC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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