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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by tickle1ston Aug 10, 2011 4:07pm
248 Views
Post# 18928041

RE: To every season there is a time...

RE: To every season there is a time...Well Prested...the season is coming to an end.

Soon they'll have to remove 4 to 5 million tonnes of overburden to keep mining low grade  ore and the deal with Xstrata comes due early in the new year. There was only 4 to 450 thousand tonnes of ore bearing rock that was easily mined. That has to be running out over the next couple of months.

I thought the addition of the new board members to compliment the largest shareholder of URSA on the BofD would carry a bit of weight with more than retail investors. Sort of give us a little bit of a confidence boost that changes were on the horizon....

For the first time...I guess I'm wrong. Nothing has changed at all.

So...what excuses is RS using for the low share price these days??
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