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