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Bullboard - Stock Discussion Forum Ursa Major Minerals Incorporated T.UMJ

TSX:UMJ - Post Discussion

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Post by tickle1st on Jul 08, 2011 7:33am

A reality check

Man, these  posters never give up....to funny. How long have they been talking about a phantom 4500 tonne per day mill to justify their investment...now that one is gone. Dashed by the one and only KerBer...who seems to be growing some real balls. Grow Kerber...Grow.

the reality is that out side of Inspiration and Wesley H, it seems no investor wants this stock.

It is low grade, will become expensive to mine when the surface ore is gone,  there never will be a mill, the ore is blended when it is milled, the deal with Xstrata is running out and real institutional investors don't see a ROI...not in the short term or long term.

The market is telling you all that if you want to listen. And it looks like Kerber is seeing the same thing.
Comment by tickle1st on Jul 12, 2011 7:40am
Has the wind been taken out of your sails?? Has Kerber brought a glimmer of reality to this investment after all these years of sucking up to RS....Has  the overwhelming victory pulled off by RS inspired (yuk yuk) real investors to buy this stock???Nope...the market has kicked this one to the side of the road  a long long time ago while it races to make real investment choices.
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