Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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Message: Re: Not Following the Logic
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Jul 14, 2010 06:15PM

Jul 14, 2010 08:29PM
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Jul 14, 2010 10:39PM

http://www.marketwire.com/press-release/URSA-Major-Minerals-Achieves-Full-Budgeted-Nickel-Copper-Ore-Production-Grade-Its-Shakespeare-TSX-UMJ-1289097.htm

Maybe this is where Langmuir could be "spun out"?

Ursa management seems to to have a knack for following through when it comes to exploration, mining and production of many of the base metals we are dabbling in as well. To see a mention of cash flow and what they plan to do with it does make for wonderful speculation here on the boards.

"The Company is focused on demonstrating profitable operations at the Shakespeare Mine and growing its nickel, copper and platinum group metal (PGM) deposits through exploration and development, primarily in Ontario, Canada. The cash flow from the Shakespeare Mine combined with our successful exploration record will place URSA Major in a strong position for growth"

I like the logic of combined synergies here. I don't see the connection to the short term loans either.

Yeah who knows what's cooking here? Is it simply an investment as stated in the press release. Is there more investment on the horizon? IMHO

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Jul 15, 2010 08:52AM
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Jul 15, 2010 10:10AM
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Jul 15, 2010 12:36PM
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Jul 16, 2010 12:19AM
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