JD, UC, JV and the 55% misinformation
posted on
Mar 09, 2008 03:30PM
Discuss the various junior resource companies within the McFaulds Lake Area
John,
I wish you would stop casting doubt on UC's rights in this regard. I know you LOVE Spider. That's fine. But no need to make people suffer needless concern about another player.
For my money, UC is hands above SPQ in value and probability of jackpot. But that is my opinion. The following is UC's response to your accusation, which they gave to me MONTHS ago after you first started this rumour. Please accept it OR tell your friends you have doubts but NO facts and that they should check with UC directly... as we did before and received the following response:
Dear Shareholder,
Thank you for your inquiry. The following response was provided by UC Resources:
We are covered in our option agreement, we can spend our required amount at any time to earn that 55%....if anyone is interested in that land package they would have to come to us as we would have 55%, our option agreement can't be violated, and covers such provisions. If we start to hit something interesting and decide to excellerate our agreement we have that option available as well.
Please see press release dated March 7, 2007
Regards,
AGORACOM