Good point lets not forget that it took phase 3 of drilling on copalquin a year to get underway and then there were results on 3? holes...
Lets not forget we are suppose to have 200 tonnes a day production underway! Lets not forget UC and Richard Hamelin have a perpensity to miss deadlines and to correlate news with any other play. Ask yourself why when all the other area plays at McFaulds were saying, "hey here we are" Uc was not... Ask why the Spetember 24th President address never happenned. But mostly ask your self if phase 3 on Copalquin was in 2006, 2007 why did Richard Hamelin change his, "I will reach 600 tonnes a day production as my personal goal in 2007" to “UC Resources is rapidly advancing in Mexico to acquire an asset base of high quality silver and gold production assets with significant upside on their exploration potential. It is my personal objective as well that UC will continue to mount an aggressive exploration program at McFauld’s Lake in what appears to be one of the most exciting exploration areas in Canada.”
Has UC given up on production? Hows about La Dura that was taken under a letter of intent twice and nothing in over a year, yet it is still listed as a production asset in breach of tsx regulations on their website. Don't believe for a minute that UC can meet any of its goals it sets forth at McFaulds. You want to make money on UC? Day trade it. Short it, but look at all the missed deadlines and then ponder if it is a good long term investment. It may be, but I have made major moola trading the swings I encourage you all to do so.
Cheers
