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Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized... see more

NDAQ:UNB - Post Discussion

Union Bankshares Inc > Fill the Treasury
View:
Post by perthx on Feb 16, 2006 8:16pm

Fill the Treasury

Something to think about: ALL the options/warrants granted to insiders or to placees in a PP are well in the money now. That's almost a guarantee that they get taken up and the treasury fills with that extra money: that's like $2.8mil+ at least!! One drawback is they have plenty of time to act. That ought to keep them from needlessly diluting prematurely. That and the Bald Butte $$ should allow them to drill anywhere they want!! Maybe find an old mill to buy to put up at Cannivan? Ohhhh, the possibilities!!! GO UNB!!!
Comment by palladn on Feb 16, 2006 11:35pm
Now you've got it perthx! This is a 3.50+ stock... just watch BLE's price for a target. UNB's got MORE than they do, in spades! With productin and profit$ NOW!!! Mmmm... the 'Champagne' is good! Enjoying this Thursday night! Just hold tight and we'll be at BLE's level very quickly! And add in Chong open pit at really high grades...!!! WOW!!! Its THE MOLY ...more  
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