xstrata / cape lambert iron / tulla resources

I posted this on another forum ! Here we Go

It seems apparent that the trigger, in URL's Huge 300MILL+ Volume & 230%+ price movement during the week, revolves around the Top 3 Universal Resources Shareholders.

#1 Holder Is Tulla Resources with a 11.28% stake.

#2 Holder Is Xstrata(MIM) with a 8.72% stake.

# Holder was Copperco(Ownership now Cape Lambert Iron) with a 7.23% stake.


Seems evident over the past weeks huge Volumes that a major stouch has developed between the 3 Major Holders of URL.

URL Holders " Keep In Mind " XStrata's Copper Slurry Pipeline that runs from XStrata's Mt Isa Mines Smelter to Its Townsville's Refinery Is Located in close proximity to Universal's Roseby Resource Tenements.



Xstrata Ernest Henry Mine Site "Boy was I glad to get out of there" :)



I'm almost 99.9% sure its XStrata moving in on URL, where as previously posted, I was Inclined to think it may have been Cape Lambert Iron. Either way it's all Good.


Cheers & Good Luck to all URL Holders "New or Old " :)


Here's URL's (2004) Annual Report "Well Worth A Read"



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