UC Resources Ltd.

UC is an emerging producer of Gold and Silver. The Company's goal is to combine cash flow from production, along with a significant exploration upside from its mining assets. The Company is working on its long term objectives to build a mid-tier Production company with a specific focus on silver and gold development in Mexico.

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: PP and reaction

UC Resources Ltd.

about 14 years ago

in response to Brewmac's message

Jim stated last spring that he would not expect to issue more shares to finance exploration, being confident that La Yesca would provide sufficient cash-flow for any needs. This 'sudden' PP may be seen as a sign that things may not go as expected. Winter is not so far ahead, and RoF SPQ-KWG JV's operatorship in 2011 will soon pump a few millions from the now unfilled UC's coffers... All expected a Mill-turning $$$ NR, and we got a PP, OS-diluting one instead... Market, you know, is a very sensible machine!

GLTA.

BaBe.