Unity mining (UML)

Discussion in 'Stocks & Derivatives' started by Stick Framer, Apr 28, 2013.

  1. Stick Framer

    Stick Framer New Member

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    Does any one have any thoughts on unity mining?

    I remember going to the mine opening when I was young, my stepfather worked on the construction of the offices and lunch room then Henty Gold Mine

    I purchased in December and not long after they announced their Bonanza Results 906 g/t, price didn't take off and since the paper drop so too did their shares

    I'm looking to top up my holdings for future growth but not sure if it will be another bad decision like SXG?


    3:15 3:15
    www.youtube.com/watch?v=1N4WbMG2sk8
    Sep 27, 2011 - Uploaded by UnityMiningLimited
    Unity Mining Limited - Henty Gold Mine Exploration Targets (September 2011 ...

    New discovery not in this video
     
  2. Stick Framer

    Stick Framer New Member

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    No thoughts?

    Maybe it's a coincident that they started going up this morning?
     
  3. Stick Framer

    Stick Framer New Member

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    Today's announcement

    Highlights:
    April monthly production of 4831 oz gold
    Head grade of 6.3 g/t gold
    Cash cost including royalties of $904/oz
    Operating cash flow for the month of $0.9M (equates to nearly
    $11M on an annualised basis)
    Ore grade intercepts encountered 200 m south of existing Read
    Zone ore body
    Exploration drive to provide drill platforms to explore the southern
    extension of the Read Zone and Darwin South ore bodies now 50% complete
     

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