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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by victor2009on Jun 27, 2011 3:49pm
233 Views
Post# 18770381

RE: That's right Mud.

RE: That's right Mud.throughmud,

Thanks for the history on tickle1st, he does seem to have an agenda, and I'm always suspicious about somone that claims to be a shareholder, but bashes and seems so pleased with what he perceives as setbacks.

As prested says, it will be disappointing to shareholders to see a decline in share price, after putting this ISM/Forbes & Manhattan business behind them.  However, many shareholders will be in this for the long term, and I'd suggest they over look any initial pressure on the share price. As well as those openly involved in the dissident effort, there will be "friends" of the dissidents and a few traders that were playing the short term action. The short term pain will be worth the long term gain, if the dissidents unload their positions - unfortunately it would likely take a while as they won't want to shoot themseves in the foot by dumping large quantities. But getiing rid of this dissident group now will lessen the chance of a later battle initiated by the same dissidents. There may be some good buying opportunities down the road if ISM starts reducing its holdings, which could result in downward pressure, just as it put the price up when ISM was accumulating. ISM is in the position where they are invested in a company they claim is poorly managed, and their effort to change management has failed miserably. So how do they justify remaining invested in a company they claim to be poorly managed? However, the one thing I've learned about ISM is don't predict their activities assuming that their strategy will be sensible.

Good Luck with your investment, glad that you found my comments of some interest. This has been interesting, but I feel that it was unecessary, costly and disruptive interference resulting from a power trip planned by someone that was buying influence he didn't deserve using other people's money. That's a very dangerous situation that is best left out of public companies - it does enough damage in government.
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