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Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized business corporations, limited liability companies, partnerships, and sole proprietorships, and nonprofit organizations, local municipalities and school districts within its market area. Its products and services include commercial loans for business purposes to business owners and investors for plant and equipment, working capital, real estate renovation and other sound business purposes; commercial real estate loans on income producing properties, including commercial construction loans; online mortgage applications; business checking accounts; online consumer deposit account opening, and others.


NDAQ:UNB - Post by User

Bullboard Posts
Comment by Tibberon Nov 11, 2005 9:31am
122 Views
Post# 9852121

RE: Because of all the spamming...

RE: Because of all the spamming...Actually XDMMDX makes a good point ... IF UNB decided to clean out the Balde butt property and then unwind the company wede be looking (as shareholders) to receive about $.25 to $.30 cents per share for all the profits earned from the mine plus the values of any other properties sold at the time. However if XDMMDX took his blinders off, he'd realise that this price represents a FLOOR. These share of UNB actually have a value, which is more than can be said for 99% of juniors which are miles in debt and years away from their first penny of revenue. Add into this the potential of the Chong property, the potential revenue from the oil property ( which is likely closer then anyone thinks) and the future of all the montana properties for future revenue, this baby is way undervalued right now. I would say with all this, the stock should be trading over $.40 cents RIGHT NOW!! JMHO of course.
Bullboard Posts