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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by Joseph_Kon Mar 21, 2012 10:51am
560 Views
Post# 19699616

NKL PEA

NKL PEA

Thanks for the shares.  If the NKL PEA comes out (expected this month) and has a NPV of over a billion dollars this stock is going to be much, much higher. 

The two most recent analyst reports call for NPV's of well over a billion, and share price targets well over double NKL's current price.   So with UMJ already trading at a discount to the NKL takeover conversion rate, they are going to get a better bang for your buck than buying NKL itself.  Long, and extra happy with these new extra cheap shares today.

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