Ursa Major Minerals Incorporated T.UMJ

Back in production

[wardonrules]

Producing Ni, Cu, Co, Pt, Pd, Au, Ag in Sudbury                      Open pit, 80+ million lbs Ni and 85 million lbs Cu                     Processing agreements with Xstrata Nickel       

Private placement financings for up to 7,300,000 units at
.10 per unit and

1,700,000 flow through common shares at
.10 per share for total proceeds of up to $900,000.

  

the Company has arranged a credit facility with Auramet Trading, LLC (“Auramet”) to assist finance the Company’s metal inventory and receivables associated with ore produced from the Shakespeare Mine

US$2.5 million and advances under the facility are expected to commence next month and will

match the production of ore from the Shakespeare Mine

drilling and borehole EM identifies shallow massive sulphide targets at Nickel

Offsets property, Sudbury area


Trading at 12 cents? Good buy but need production numbers now.


wr

[fullhouse101]

Keep filling me. Last weeks chasing on volume daytraders selling at a loss now??? Have patience folks. It will happen when it is ready.  The 50+ thousand lbs of COBALT to come out of this years extraction is worth close to $1 million. And the 3000 oz of precious metals including GOLD is worth another $1 million.Based on previous ore grades and metallurgical resultsit is expected that the