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.
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Shareholder pleads; "No wiggle room this time please"

Aafabventures
Rank: [?]
President
Points: [?]
3104
Rating: [?]
Votes: 177 Score: 3.4
  • Currently 3.5/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Shareholder pleads; "No wiggle room this time please"

posted on Feb 03, 10 02:32PM

While I accept that unusual things happen in uncharted waters, we have been trying to get silver out of this ore since I became a granddad. Surely Jim and the UC BoD acquired experience, prudence and wisdom as a result.

This is ‘proof in the pudding’ time in the eyes of every potential investor that has the ability to read our history.

This 2010 time line has to be a hard commitment based on confidence earned from many years of false starts and unexpected outcomes. I will not lure new potential investors into doubt or complacency, I will do everything I can to endorse Jim’s objective and hold faith and trust that he can deliver.

However, I am concerned about this aspect of the 2010-01-25 NR:

“(Jan. 25, 2010) - UC Resources Ltd. (TSX VENTURE:UC) ("UC") announces that … the company intends to run the mill at a through-put rate of 220 tonnes per day with between 4-5 years of production tailings available. In conjunction with the mill being placed into production, an exploration plan is being developed for the Xora claim … Logistics and geophysical programs are presently being planned for the impending drill program on the Xora claim.”

We have 4 - 5 years of ore to work our way through so I hope this secondary activity is not going to be a distraction for the primary objective (silver & gold) a/p the above.

Kindest Regards

Aafab

New Message

Please login to post a reply

AGORACOM Quick Tips

Bullish On China? AGORACOM Launches ChinaSecurities.com ... Check It Out
Watch
Today's Show
in 00:00:000

President's D.D.

Hub Leaders