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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by sumsg200on Jun 10, 2011 12:30am
194 Views
Post# 18697236

RE: RE: Follow Up For Maroon

RE: RE: Follow Up For MaroonThroughmud, I don't question  RS as a GEO but that is not where we need horsepower going forward.   UMJ is now a fully operational mining entity where RS is trying, through third parties, to manage by remote control from King Street.  We have no operational expertise in our tent and further, no gravitas to secure a renewal on our Xstrata milling agreement  that is still not renewed as of today.  Clearly if it isn't renewed, we have
cash flow going forward;  you have to be concerned about this .  Forbes slate addresses this with the guys that actually dealt with Ursa on contract.   If you don't think they can sway Xstrata to renew in way far more compelling than RS you are nuts.  No disrespect to RS, but he is no Hayward or Trevisiol from an operational standpoint.
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