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Bullboard - Stock Discussion Forum Ursa Major Minerals Incorporated T.UMJ

TSX:UMJ - Post Discussion

Ursa Major Minerals Incorporated > That's right Mud.
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Post by cupricity on Jun 25, 2011 2:32pm

That's right Mud.

RS got his butt kicked by the recession. His dreams were falling apart in his hands.  His shareholders and friends became bitter and short sighted.  But he persevered  and kept on grinding.  His work ethic and drive kept his company going, and his ability to get it done shone through.  Now we have a very strong position going forward.  A depressed share price aside, if you really want to buy some UMJ beyond,  the piddly amounts traded everyday the answer is clearly demonstrated last week.  
    We have a tight share structure, ongoing cash flow, a great new exploration target and some heavy hitting institutional types on board. In fact if you take the know big guys- ISM @ 20% Mr. Hall at 15% and Kores at 5% I think that the float should be much reduced.  After a failed attempt to get volume on the cheap F&M may just take a position now as well which would be great too.  I know where a few more percent is as well and it is tightly held too.
   I think that 50 to 60 cents is in the cards in the not so distant future.   
   I will leave you with a little tid bit I like.  Greece is 2% of Euro GDP.  The S&P 500 is cheaper now on earnings basis than it is 96% of the time.  There are 3 billion people clamouring to join the middle class.  There is a shortage of copper and PGM and gold.    
  When you leave the rice paddy and the hut you want a job, an apartment, then a car and a fridge and an a/c.  Without metals, there is none of that.  There is no replacing metals, they are elements, indivisible.  There is no making more metals than the ones that are in the ground.  UMJ has relatively high grade ore (2% copper equivalent) and it is REALLY close to everything a miner needs.  IMHO Shakespeare has an NPV at todays metal prices in excess of 200 million.  If we conservatively give 25% of that value to our humble little company we would have a share price of 60 cents.
  That is my two bits.  Good luck to all, and to Tickle too.  May his hurting heart realize that he is on a bridge to nowhere with his angry diatribe.
Comment by tickle1st on Jun 25, 2011 11:32pm
All I can add to this is...lapdogs. You guys are lapdogs.Grab some back bone or balls and stop making excuses for the RS, Why not demand some shareholder value like he's promised.As far as i can see the only value added to URSA stock is because Inspiration wanted to buy it. If they didn't, this POSD would be siting at sub 10 cents...which is where itrs headed with Inspiration loading up ...more  
Comment by victor2009 on Jun 27, 2011 2:23pm
throughmud,It looks like we've got another sore loser. tickle suggests that people should read his posts to get familiar with what's going on with UMJ. I looked back at some of his posts and one of tickle's bits of wisdom was that RS and friends didn't have enough shares to carry the day.Looks to me like tickle is another one that under estimated the abilities of Sutcliffe and ...more  
Comment by throughmud on Jun 27, 2011 3:04pm
Victor, that tickle1st is manifesting as a sore loser is right on! Tickle1st came over from another company's bulletin board that no longer exists.His/her pal, relative, or whatever was let go from that other company, by RS, in October 2006.Prior to this event (let's call it a firing), tickle1sts posts about the other company were invariably positive. Following the firing, tickle1sts posts ...more  
Comment by victor2009 on Jun 27, 2011 3:49pm
throughmud,Thanks for the history on tickle1st, he does seem to have an agenda, and I'm always suspicious about somone that claims to be a shareholder, but bashes and seems so pleased with what he perceives as setbacks.As prested says, it will be disappointing to shareholders to see a decline in share price, after putting this ISM/Forbes & Manhattan business behind them.  However ...more  
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