Ursa as an investmentWell, so far, it doesn't seem like management hasn't done too badly getting through the huge commodity crash but the concern for me investing here is that compared to other miners, there is a very low profit margin. But to be fair, that is the case with many base metal miners compared to precious metal miners these days, so I am mostly staying with the precious metal miners. I like the prospects of Auriga Gold and just hope the new drilling results will prove up a robust shallow pit mine. - I do have a bid in for Ursa Major and if it does get filled, I feel confident that the downside from here is fairly low and am willing to hold the stock for a long time.
Thanks for everyone's input. It is appreciated.