Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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Message: NEWS - UC Receives Environmental Permit for La Yesca Mill

Goldwarehouse
ESL
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Re: NEWS - UC soon to be self-financing

posted on Nov 10, 08 05:50AM

Way to go team UC! Here's some cash flow estimates from myself and Dorinho circa a year ago, to mull over, but the final numbers should be much higher as calculations are based on rock bottom prices after a significant correction. Soon we will be paying back the 350,000 bridge loan and become financially self-sufficient at La Yesca.

------------------------------------...

This La Yesca cash flow estimate was posted by Dorinho over at another BB & is somewhat higher than my own estimate which is in the range of closer to US$5 Million per year. No doubt this will bring howls of protest from the usual suspects suggesting these numbers are too high but isn't it interesting how they refuse to provide their own detailed number crunching to support their hollow views.

For if they did - and they never will - that process would reveal which side is closer to the truth. After all with a constant flow of cash from La Yesca heading into corporate coffers shortly, this takes away yet more ammo from the clowns' tiresome ramblings about this company having to perpetually go to the PP trough to keep the wheels turning. Another positive point worth noting is the fact someone on this forum stated UC will become the 23rd producer out of a list of 500. That is a significant achievement by itself and ranks us in the top 5% of juniors in terms of such a milestone accomplishment. Not too bad for a company that according to one forum idiot is supposedly nothing except a promotional shell run out of an abandoned shack in Kalamazoo BC.

ESL

http://www.smartinvestment.ca/php/ph...

====================================...
Bueno noches Compadres!

I was very, very pleased to see the mill start-up NR.

Doing some napkin arithmatic it appears that the tailings will provide approx. $670,000 cash flow per month once they ramp up to 200 t/day. At 93 mill. shares FD that translates to approx. 8.7 cents cash per share just from the tailings.

This cash flow will really undergird UC as it goes forward ........ near term warrants or not.

The arithmatic was based on:

- per tonne worth of the tailings = $140 per tonne @ $600 AU and $13 AG.
- 80% recovery = $112 / t x 50t/day = $5600 ... = $168,000 / mo. ... @ 200 t/day = $672,000 mo.

Hey, it is just napkin stuff and it is probably too high an estimate to be sure BUT it does greatly strengthen the dompany to have this positive cash flow going forward AND to have a company 'promise' of this importance fulfilled.

Have a great night folks!

Dorinho

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