Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Bullboard Posts
Comment by surething1111on Oct 20, 2010 2:10pm
437 Views
Post# 17588508

RE: RE: more UMJ buying

RE: RE: more UMJ buying

Victor,
How funny is this?
The following paragraph is taken from an Ursa Major Mineral press release that was posted at the Big IF
However, the Company is evaluating options to accelerate and expand the drilling campaign. In accordance with our strategic plan, we are also evaluating further opportunities for base metal property acquisition, particularly for copper, nickel and PGM-rich deposits."
Got to love the poster child from the Big IF response to the above:
Maybe they could take a look at our Langmuir property?


The irony : UMJ's poster child recently had this to say on the Stockhouse BB "ISM can improve operations if they buy UMJ because they can bring cash to make things operate more smoothly, bring down the cost of doing business by investing. Currently it is all contractors doing the mining. My bet is we could do it ourselves for a fraction of the cost- WTN reduced their costs 40% by cutting out the contractors. Even just buying a loader and some trucks to do the haul would be a great place to start but until we get some cash we are apt to do it anyway we can."


One poster child thinks by adding ISM's money to UMJ's coffers operations would improve. Another one seems to think that UMJ should take a look at the Langmuir property. Wonder if he meant to put such a low value on the ISM Langmuir property. Just had a thought maybe he thinks they should take a look after ISM and UMJ have combined their coffers Thing is, that wouldn't really fall into UMJ's strategic plan "we are also evaluating further opportunities for base metal property acquisition, particularly for copper, nickel and PGM-rich deposits"would it?


Looks like we could be in for an interesting battle of the wits, Nitwit and Dimwit, not sure who will win, but I feel pretty confident that Joe Blo will definitely get screwed.


S.


Wonder what happened to those trucks that ISM had photos of on their website not so long ago......... Maybe they could rent them at a reduced rate to UMJ............. might be a great place to start LOL.

Bullboard Posts