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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by tickle1ston Jul 08, 2011 7:33am
306 Views
Post# 18809665

A reality check

A reality checkMan, these  posters never give up....to funny. How long have they been talking about a phantom 4500 tonne per day mill to justify their investment...now that one is gone. Dashed by the one and only KerBer...who seems to be growing some real balls. Grow Kerber...Grow.

the reality is that out side of Inspiration and Wesley H, it seems no investor wants this stock.

It is low grade, will become expensive to mine when the surface ore is gone,  there never will be a mill, the ore is blended when it is milled, the deal with Xstrata is running out and real institutional investors don't see a ROI...not in the short term or long term.

The market is telling you all that if you want to listen. And it looks like Kerber is seeing the same thing.
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