Ursa Major Minerals Incorporated T.UMJ

Double Digits

[cupricity]

I guess it did get over double digits again Tickle.  As for the rest of the sour grapes selling 12 cents for 13.5 cents keep in mind that NKL was 4.20 earlier this week which puts our value at 16.8 cents, so you are throwing away a 45% gain.  NKL is a great company that I have a large stake in through PCY.   Hang on until we get the PEA and NKL could quite easily be a 6 dollar stock as it was in July briefly. 30 times bigger than UMjs deposit and double the grade.  6 dollars is (wait for it)  24 cents for UMJ.

   NKL paid 3.1 million shares or 12 million for Ursa less 2 million cash. 10 million bucks is a great deal for this deposit and we still make a good profit. John Lee gets stuff done and is a phenomenal CEO.

 

  So my suggestion is to wait for the PEA on Wellgreen at least before selling. We had a tremendous turn of shares today and NKL will return very rapidly to it's 4.20 level at least which gives is 17 cents a share.

  Good luck to all and if you like NKL the best way to play it is PCY which has 42 percent of NKL and gives you 1.4 billion tonnes of coal, a mine and a power plant project for free.  Mr. Market is so silly right now. That will change.