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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by cupricityon Mar 07, 2011 10:17pm
212 Views
Post# 18248532

RE: One would have to be..

RE: One would have to be..Very jaded to think that someone would go to all the trouble of acquiring all those shares just to pee in their own bed.  But I don't think that the trading behaviour is any different that it has been for a very long time now (maybe a year).
  There are a couple of scenarios that could play out.  My guess is once people start wading into the 17 cents ask the volume will increase and we will see some big volume days as ISM gets cleaned out. 
    Another possibility is the continued stand off.  
    One thing is for certain- no one other than ISM is selling because ISM wants out which means that once they are out the supply of shares will be much reduced which should bode well.
   On another note quite the slide in base metal prices today!  good thing it is accompanied by a surge in precious metals.
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