RE: New quarter begins today.As of July 2010, mid-way through the calendar year, UMJ had delivered 58,000 tonnes of ore to the mill. That included a standard slow period when road weight restrictions were in place. If the mining/haulage rate continued, at least 116,000 tonnes will have been delivered over the 2010 calendar year. Furthermore, during the past 12 months, Ni price has increased from ~$8 to well over ~$12 per lb. Cu has increased from below $3.00 to greater than $4.50 per lb.
No way UMJ should be trading as low as it is.
mud