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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by PDoggon Oct 20, 2010 2:41am
190 Views
Post# 17586054

RE: PDogg and Mchlarty

RE: PDogg and MchlartyHi cupricity,
Yes I'm a new poster but a long time Ursa shareholder. I was just interested in thoughts on the Shareholder rights plan approved at the share holders meeting in 2009. There was a press release on it earlier that year maybe in '08. I'll look for it.
This share is about the prices of the underlying resources and the Canada/US exchange rate. As there is still a lot of uncertainty in the market and Ursa does not have deep cash reserves the market is likely afraid of base metals hitting rock bottom again and Ursa going belly up. As we accumulate more cash the share price should go up.
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