Ursa Major Minerals Incorporated T.UMJ

Nickel Rissing.....

[pepper57]

The LME contracts are starting to rise. Are they assuming the shut down next year of many mines including Vale-Inco and XStrata for a four month period?????
Or worse a strike over the Nickel bonus????

LME Official Prices (US$/tonne) for 22 Sep 2008

LME Official Opening Stock (in tonnes)

			NICKEL
	CASH BUYER		17,100.00
	CASH SELLER &  SETTLEMENT		17,105.00
	3-MONTHS BUYER		17,395.00
	3-MONTHS SELLER		17,400.00
	15-MONTHS BUYER		17,700.00
	15-MONTHS SELLER		17,800.00
	27-MONTHS BUYER		17,850.00
	27-MONTHS SELLER		17,950.00

	DATE		NICKEL
	22 Sep 2008		52050

Does the contract we have with Xstrata say any thing regarding work stoppage at both Stratcona and Falconbridge mine sites?

Just try getting our ore milled and or smelted when the CAW are on strike they don't know who's ore is going past the gate!!!!!!!!