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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by tickle1ston Oct 02, 2008 8:52am
193 Views
Post# 15499151

RE: I wonder??

RE: I wonder??Pepper

I don't know if Xstrata is so interested in buying mining properties from URSA.

but it seems to me that the price of nickel means that URSA cannot continue to ship if we reach a point where there is no profit in it for us. Xstrata needs mill feed to keep things moving on their end.

Some how these two need to get together and work something out that'll meet the needs of both sides while that train is coming down the tracks.

IMHO, we can't continue to ship on marginally profitable ore and Xstrata can't afford not to have mill feed.

time to work something out.
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