Guys I am a casual reader of the UMC thread. UMC is though my major share investment so I am really hoping for it to fire. All the more as I am still in the red as regards my entry price.
Is it a given about the take over. We have been down this road before and there was great excitement but it was all then self stimulation. Is this different and are we confusing hopes with realistic expectations.
I had always assumed that UMC would continue proving up its resource and perhaps seek a JV situation or some similar arrangement to get the ore to port.
Ultimately developing the resource and looking to mine it will give shareholders the best return. I think it will anyway.
Add to My Watchlist
What is My Watchlist?