With all the talk of other companies signing agreements with Chinese etc do you honestly believe our management have been sitting on their hands doing nothing? I believe there is a deal being done or already done with just the dotting of the I's and crossing of the T's required. I've been in this stock since listing in the UKD's days and even at these prices have a reasonable paper profit so maybe my situation is a little different to some others. This resource is too good to have gone un noticed and believe all will be revealed shortly. The lack of drilling results are frustrating but I believe there could be a reason for this as they don't want a possible hostile takeover attempt whilst discussions are being finalised, hence the appointment of UBS. Patience for just a while longer will be very profitable for shareholders in the near future IMO. Hoping my observations are correct or I will feel more than a little foolish.
UMC Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
