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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by presto10on Jun 02, 2005 3:22am
91 Views
Post# 9107347

RE: PDL relationship

RE: PDL relationshipthroughmud, I'm thinking you must have deep pockets. Tens of millions to buy, say 120 million shares at .45 might get us a mill and provide some w/capital. Why not option out 60% of your 86%, still leaves ya with about 34% of the total and NO DILUTION and you don't even have to bet the company. PDL wins too....or they won't go ahead. As kirk tells it, and I trust him, PDL is very excited about this project. I don't see much to not like! Sit back and in a few years you may be able to divide 22 million shares (current diluted) into our cash flow and income nos....and you get beautiful music.
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