Is it something to do with Mexico, or is it something to do with UC Resources, or is it something to do with the broader Banking/Global Credit MESS.

Seems that with the change in CEO some long time ago UC was relatively quick to get it's self reorganized and moving smartly forward once again only to run up against the:

1. not so unknown thread of reality too often confirmed respecting Mexico - work at a steady but noticeably slow pace - the "Don't sweat it Amego, it will get done when it is done", attitude .

2. management is Cash Conscious and willing to forgo Income Generation by tight Cost Control with respect to Development Spending. Cash in the Bank is better now than Income Generation from Production. I only hope and expect Production will be as good as it has always supposed to have been - sufficient to cover Operating Costs, Capital Costs, and Sufficient ROI so as to Fund other Prospect Exploration, both in Mexico as well as in the RoF.

3. markets are in very poor shape and the credit crisis is distracting many potential Investors from investing in new production while the Banking MESS persists as well as the Commodity Markets are less than stellar and delayed Production can only but benefit the Company by conserving the Mineral Ore Resource awaiting improvement in the Commodity Markets - though Silver is doing just fine lately with respect to Price, and could it not also be better to move to production and retsain the Silver produced if management is expecting the Price to improve significantly ,ore from where it is currently?

Thus, What are the Costs of continued Delays? What are the Benefits of continued Delays?

Costs: has to be obvious that one Company non financial cost is Investor Confidence which could all too easily become a Financial Cost if new Cash needs to be raised. Plus the TIME COST of Money!

Benefits: Help Please! I can only offer - Getting it RIGHT, finally! Which is very important.

Old Joe