Re: UC Resources Ltd.: Shares for Debt
in response to
by
AGORACOM
posted on
Feb 13, 2011 10:32PM
Good Bone Fragment Jim, Old Buddy Boy!
Can't read too much into this one though. Other than it's arriving, coincidently quickly, following some persistent whining (by butt a few - we all know the type!) about not seeing much in the way of meaningful Progress Reporting.
Rhetorically typing though:
Why are so many doing piece work, of one kind or other, for UC Resources, so willing to accept, if not perhaps merely demanding, payment in Shares, when knowing full well the company is running such a fiscally 'Tight Ship'?
I wonder if we will get that truly meaningful 'Progress Report' respecting the Mexican Operations - Mill/Processing and maybe detailed Drilling Results from the Mexico properties exploration - before March 31th, 2011?
Such would be a very good 'sign of things to follow' respecting the other important company focus. That, of course, being the 'Ring of Fire' South Central area 55% 'Earn In' on KWG/SPQ's non-Freewest JV Claims.
Though not necessary for eventually working out and subsequently Reporting the basic framework of the 'Follow Up Agreement' on that 55% successful Earn In, having completed the required Exploration Work up there in the Ring of Fire, it would certainly be a decent gesture to Long Time, however patient, Share Holders though.
Time now to 'keep on keeping on'.
Old Joe