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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by cupricityon Oct 20, 2010 10:42am
260 Views
Post# 17587124

my apologies

my apologies
  OK sorry to PDogg and Machlarty.   My 1 year old is teething so sleep is getting hard to come by.    As for rally driver I am not a pumper per se as I have posted real reasons to be here many times.  They include cash flow, low stock price, and good management.   Management is good in my view as RS made deals with Xstrata, hedged nickel @ 9 dollars for some of the production, got a low interest rate loan for delivered metal that locks in delivered prices and limits risk, and is actively building share holder value.
   The main downside to this stock imo is the large amount of holders who want out as demostrated by selling into the 10-12 cent buy offers.  That is why I am here partially because when you have a solid company "for a junior" that is trading too cheap it presents an oppurtunity.  Time will tell who is right and who is wrong.   Good luck to all and thanks for making this board a place where thoughts and ideas can articulated in a nice manner.
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