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Message: Im all over UC-BUYING that is...

Re: Im all over UC-BUYING that is...

posted on Jan 10, 2008 05:45AM

In direct response to aaayr and 229890.

Your observation is correct. The short term potential for SP recovery is not going to be based on McFaulds. UC is a Mexico Gold and Silver play with McFaulds potential.

The immediate term is 100% dependant on the technological breakthrough in mineral recovery from the tailings at La Yesca and the proof of process there to produce saleable gold and silver = cash flow.

Every McFauld’s stock is suffering from hysteria and is oversold. The value stocks are UC because of La Yesca and how very, very close they are to making cash and Noront because of how close they are to tangible success at Windfall. Please appreciate that the gold and silver is there in the tailings at La Yesca! PROVEN FACT!!

The McFauld potential at this time is hype; hype that I believe and support by the way. There will be another round of hysteria when we hear news about the aerial survey anomalies on properties held by each of the McFaulds players which is now two weeks late. Maybe this could happen before the end of January, but realistically before the end of March. Please understand that Billiken Management has to do the interpretation and identify the drill targets and then UC, KWG and SPQ will prioritize the sequence of activity. Only then will UC start drilling and although they have the cash to do this right now, what will make UC a ringer will be the cash flow to support the program without further share price dilution by subsequent share offerings.

I have tried to illustrate and share this scenario several times as this is what makes UC an investment rather than a gamble.

IMHO

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