Post by
investmentitos on Jan 31, 2011 12:27pm
Big dump
I don't know jack about ISM.
I do know that in light of the cash flow from their mine, this PP is a huge betrayal of shareholders, and should tell everyone what they need to know about UMJ management.
It is likely a sweetheart deal for friends of UMJ management. Anyone try to get allocation to the PP?
I am totally disgusted.
Comment by
throughmud on Jan 31, 2011 1:18pm
investmentito, this is a wonderful opportunity to increase your investment in a viable, producing mining company that is greatly undervalued at current metal prices and throughput. I'm increasing my ownership as we speak.mud
Comment by
throughmud on Jan 31, 2011 2:36pm
investmentitos, I have asked myself the same questions, evaluated the situation, and agree with management's decision to do the PP now. The decline in price makes for one heck of an investment opportunity in a solid mining company.mud