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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by fullhouse101on Feb 24, 2010 3:05pm
256 Views
Post# 16816189

RE: RE: $130,000/day sorry got Cobalt wrong

RE: RE: $130,000/day sorry got Cobalt wrong

Having spoke with their IR person, we were not impressed. They need to promote and provide guidance as it become available. It will happen now that the PP is closed. Just need some patience. It will come. The past Micon data was done at lower metal prices than we currently have, so it should make a respectable profit. Once the revenue begins they will do further work on Nickel off set property. We think that has great potential and nice grades. And when you consider its location, this play looks to be terribly undervalued. Also, we have a producer with only 53 million free trading shares or 63 million once the 4 month hold expires on the PP. Volitility might scare some but they provide buy oppportunities.

Good luck to all longs

FH

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