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Message: NEWS - UC Resources Plans to Drill McFaulds

Good stuff. Looks like the company's more or less on track with the date it expected to begin testing the new mill. What matters most out of the La Yesca camp is that it's much closer to becoming a producer within a relatively short time frame. As such, UC's share price should begin to accrue a built-in premum in the marketplace for increasingly picky investors that are looking to plunk down capital into the tiny field of near-term producers. This factor is becoming more influential than ever before given the tight global credit backdrop, which tends to influence investment capital to flow into the more advanced plays in the sector. Based on La Yesca alone the current SP is plain stupid assuming UC can pull off producing Gold & Silver at prices near all-time highs. In the short term I'm very excited to hear drilling will begin shortly at McFauld's high-priority targets. This latest drilling campaign will be unlike all the others in that the targets are based on a completely new set of parameters. UC will be honing in on a completely new set of geo signatures, the same ones that resulted in the spectacular discovery in the Noront Ring Of Fire. Noront found the key to discovery at McFauld's Lake, shared it with UC and now the game is on full steam ahead. All it takes is one good hole and UC moves like lightening from 20 cents to $2 in a satisfying heartbeat. That's why I stay invested in UC because as Eric King says, you have to remain invested through thick and thin in this market to come out ahead of the bunch.

ESL

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