Tip Details

02/02/2011 at 04:02PM
UMining Resources Inc.
Initial > Target price

$0.005 > $0.007
Price when coverage ended

$0.0027  -46%
Best up to date ROI

$0.0038  0%
4 votes
Coverage ended

Initial price $0.005 Start coverage 02/02/2011
Target price $0.007 End coverage 09/02/2011
Highest price $0.0038 Experience 7.45 pts
Description Throughout the ages, Gold has been widely used as a vehicle for monetary exchange, and unfortunately gold production has not grown in relation to the world’s economy. Today, gold mining output has decreased dramatically and the world’s gold reserves are slowly diminishing, hence the reason the price of gold has gone up so rapidly. On average, gold has risen approximately 17.40% per year, while having years rise as much as 30.90% in a single year. (Based on the last 6 years including present) UMining Resources, Inc. (UMNG) is a gold mining company whose main focus is on developing joint ventures and royalty agreements with various companies on gold properties. For more information please visit, http://www.uminingresources.com

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mybestpicksever initiated a coverage PLAY OF THE WEEK on on 02/02/2011 at 04:02PM. UMining Resources Inc. is listed in the sector. The stock was priced $0.005 when mybestpicksever posted the tip. After analyzing the company activities and performance, mybestpicksever believes UMining Resources Inc. has the potential to reach $0.007. As of 02/02/2011, the highest price UMining Resources Inc. has traded at is $0.0038.

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