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

TSX:UMJ - Post Discussion

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Post by cupricity on Feb 14, 2012 11:08pm

ask at 8 cents

as usual only a few million shares in the hands of the very weak is sold and we flatline before more serious investors move in. My conjectures as to what makes us climb up from 6 cents.

             1.  Getting close to renewing milling contract.

              2.  Another company with a mine that is running out of ore needs a  home for a mill and some iron.

              3. Glad I averaged down a little, still not happy with share price but up is easier than down at this juncture.

Comment by prested on Feb 16, 2012 12:53pm
I guess every time it gets to .08 someone who shall remain nameless, but who made an unsuccessful bid for the company, sell off some of the shares he acquired then. This is dead mony IMO, and likely to remain so for a long time. I'm not ready for the hit just yet as most of my shares are in an RRSp and I have no tax incentive to sell. To say I'm disappointed in management would be the ...more  
Comment by tickle1st on Feb 16, 2012 3:34pm
You guys should stop posting....you are only proving up to everyone how friggin'  stupid you guys are. But RS love stupid retailers...after all, they'rre the only ones that bought his stock. You don;'t see any real long term investors risking their hard earned cash here.   And don't forget...they do have a permit for a mill....lololololsssssssss....
Comment by cupricity on Feb 16, 2012 9:58pm
I do not think that RM is getting out this time.  It hit 8 cents and lots of shares sold yesterday at 8 cents before someone dumped in a manner that would suggest they were almost out of shares and didnät care that the last few tranches drove down the price.     Either way the facts remain that we have a permitted operational mine that is profitable hauling the ore 70 kms and ...more  
Comment by prested on Feb 17, 2012 1:18pm
I'm not averse to long term plays, in fact over the years that is where I have made the most money. Unfortunately, I have also seen some of my small caps go belly up after years of languishing. I take comfort in your comments and hope we are both around in a couple of years crowing about how smart we were to buy this low. GLTAL
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