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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by cupricityon Dec 01, 2011 12:42am
443 Views
Post# 19281969

Dec 15th

Dec 15th
 Financial statements will answer a lot of questions about profitability at lower nickel prices, renewal of milling contract, etc.
  We have delivered a steady amount of ore to xstrata and shown that we are responsible in that manner.  As for low prices I can hope that with hedge funds having less long bets on commodities than anytime since early 2009 that we are in for a nice little rally as the fear that grips the market melts away.
   It's like a car accident, after you crash you are really scared to drive.  Over time it heals itself.
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