Lundin says buy Underworld, "one of the best"

Underworld Resources Inc (C:UW)
Shares Issued 27,834,945
Last Close 5/27/2009 $1.41
Thursday May 28 2009 - In the News

Brien Lundin, in the May, 2009, edition of the Gold Newsletter, says buy Underworld Resources Inc., recently 53 cents. This is the first time Mr. Lundin has recommended Underworld. The newsletter editor says every analyst he knows who has taken a look at this company loves it. It has two gold properties in the Yukon: White Gold and Black Fox, but its priority is White Gold. Drilling results at White Gold in 2008 include 18.1 metres of 4.4 grams per tonne gold and 50.7 metres of 3.1 g/t gold at the Golden Saddle zone. The company will test other zones this summer but the main objective will be to extend the Golden Saddle zone. The goldbug especially likes the company's management, which include Michael Williams and Rob McLeod, who have a lot of experience in the Yukon. He also likes that Kinross Gold Corp. owns 9.8 per cent of Underworld's shares. With the company's discovery at an early stage, the stock market guru says the value of the company is likely to grow. He refers to Underworld as "one of the best out there."