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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Ursa Major Minerals Incorporated > News!
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Comment by capicheon Feb 11, 2011 12:07pm
233 Views
Post# 18116953

RE: RE: News!

RE: RE: News!Average Nickel price in Q3 was about $10.25, in Q4 it was $10.99 and also copper prices were significantly higher in Q4. That should get us more revenue than Q3.

Interesting is that in Q1 the price of Nickel hasn't been lower than $12.50 so far
Remember the statement in the presentation that every $1 increase in Nickel price increases revenue 70%

Crazy valuation at
.15. Great time to accumulate, Q4 numbers will wake the market up IMO
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