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.

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Actually

UC Resources Ltd.

almost 11 years ago

In June 30, 2012 md&a management stated that the company invested $1.5 million for 100,000 Sprott units. Notes to June 30, 2013 financial statements mentions that the company has 70,000 units of Sprott wth cost of $14.57 per unit or $1,019,900 (fmv $580k) So 30,000 units sold with proceeds of $311,527. So in total, we have lost almost half our investment in Sprott. $1.5 million invested vs fmv $565k + proceeds of sale $311k.....Yikes! Sorry for the confusion....cheers ( or maybe jeers in this case)