Can't make it for tea, gotta work, work, work ...............
posted on
Aug 23, 2011 10:26AM
I grabbed this info from the Agoracom ‘profile’ tab on the left of your screen. It was updated August 10th, four days after Gary Monaghan was named CEO. (Underlines are mine)
“The La Yesca mill has now achieved a mill throughput rate of 250 metric tonnes per day. It is planned to stabilize the mill feed at this rate over the next few months before slowly moving higher to test maximum throughput potential of the mill. Two independent studies suggest that the mill is capable of providing the grinding capacity required of a higher feed rate but at this time the optimum rate is unknown.” …………… Once the milling facility is stabilized at a rate of 250 tonnes per day the focus will shift to maximizing recoveries through metallurgical chemical balancing, etc., which is presently just beginning and will take time as with all mill start-ups. …... The company believes the mill is now ready for this next phase of the commissioning process with the 250 tpd rate having been achieved over an extended number of days.
So, am I to assume that I am the only one of the AG gang that considers this new news? I got caught once before thinking that.
So I took a look at the ‘management’ tab on the left of your screen and that info has not been updated since 2008 and Gusko is still noted there.
I know that Jim has been busy walkin-the-walk and has let our formal IR falter. I have stopped looking for change on the UC website, and maybe I should stop looking here as well, or maybe Gary (our new CEO) can remedy this. It is his area of expertise it seems
From the NR; Mr. Monaghan, age 51, has been active in the mining industry since 2005, as a director of UC Resources Ltd. Mr. Monaghan has over 25 years of senior management experience in the communications industry working for companies such as Shaw Communications, Rogers Communications, and MDU Communications. He was the President and founder of MDU Communications Inc. (OTCBB:MDTV) from September 1998 to May 2001. Mr. Monaghan is a Director of Encap Investments Inc., a capital pool company (TSX VENTURE:ENC.P), and Wind River Energy Corp. (TSX VENTURE:WVR), a natural gas company.
For the past decade, Mr. Monaghan has been operating his own consulting company and has provided services to various companies from initiating company start-ups and financings to union, legal or contract negotiations and determining successful administration, marketing and operations within companies.
My point is simply this: All of us here are reasonably convinced that UC will succeed. I believe that new or potential retail investors would not be impressed with the puzzle of out of date and inconsistent IR info here at AG and on our web site. Eventually I would like to sell my shares (at a buck if you insist) to someone
So, I want to hear from our new CEO. I want to hear about the mandate he has from the BoD and his marching orders for the next 30 – 60 – 90 days. I want to hear about his strategy to promote the share price of UC Resources.
How about you folks?