Ursa Major Minerals Incorporated T.UMJ

UMJ being taken over!

[copprbug66]

[throughmud]

copprbug66, something's on. It appears that the GMP client was willing to at least look at a price somewhat closer to fair market value.mud

[cantkillme]

First off, not a shareholder. Second, doing some DD here and this asset is worth FAR more than .20c. Third, that block was bought by whom ?....a white hatted good guy ?.......a black hatted bad guy ?.............from my perspective....its a good guy expecting a "NO" vote on Tuesday and the share price tripling........I will look at getting some at open.........opinions please....

[darcelmuchamp]

From: https://www.ursamajorminerals.com/s/NewsReleases.asp?ReportID=462442&_Type=News-Releases&_Title=URSA-Major-Minerals-Special-Committee-Calls-on-Dissident-Group-for-More-Dis... Jun 15, 2011 URSA Major Minerals Special Committee Calls on Dissident Group for More Disclosure URSA Major Minerals Incorporated ("URSA Major" or the "Company") (TSX:UMJ) - The special

[cantkillme]

..............okay so that was a black hatted cowboy then  ??.......and this could drag on for a few more weeks.............??

[throughmud]

I don't think it can be bad. The share price rise is at odds with the approach of the dissidents so far. This is not under the table or weasely. mud

[darcelmuchamp]

Can't say either way... however as of Jan 1, 2011 there were ~64 mil shares outstanding... so 5 mil would put someone into the position of either being a new majority shareholder (Holding greater than 10%) or increasing someones majority shareholder stake even further (the Dissidents) or... it could be the BOD decided to do a share buyback to maintain control of the company. All sorts of

[cantkillme]

..thanks mud !!!!!!!!!.........my concern is that the price would go up on resolution..........by the way we should use the old west code for thieves.....put a rope around their necks....thanks again...

[cantkillme]

.....thanks for the "even keel" opinioon....great to read....some huge underlying value here.....if they can save it.........appreciate your guys taking the time to tune me in !!!....thanks again...still leaning to a buy...

[throughmud]

cantkillme: Agreed!  I invested in UMJ partly because I know it to be an ethical company.mud

[cantkillme]

.............they (current management) seem to be a breed apart from the usual douche bag capitalists that run these typical "wash, rinse. repeat" share spewing machines.....i looked at that mine numbers and this thing should be waaay over a buck !!...........