Everything looks great for the future for UC in my view.

I have questions about the short term however.

Has the most recent dilution event closed? Why does financing for such small amounts need to come through enticement with warrants, especially with rapidly rising silver prices, and our nearing production.

When will shareholders begin to see regular updates containing expected progress milestones reached, as opposed to updates containing delays and dilutions?

I am heavily invested in UC, and expected better news over the past few weeks.

I firmly believe in the future of the company, and have much respect for Jim Voisin, BUT, my confidence in the company's ability to make steady progress is flagging, and it appears that the market agrees with me.

I would very much appreciate any comments which Jim might offer on this, and those of other UC investors.

Nessus