Thanks for contacting management and updating us W.C. Guy!

In April of 2011 there was a news release advising that production was producing a positive cash flow position for UC for the first time ever. There have been subsequent releases in regard to production, cash flow and mill updates. And, with the sale of the McFaulds property, we are in a good cash position. So, like you said, not dilution necessary.

On Aug. 20, 2012 there were these parts taken from the news release.

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=53652974&topic=UC:CA&symbology=null&cp=null&webmasterId=92583

"The Company would like to announce the completion of its upgrade at the La Yesca Mill operations with one final piece of equipment left for completion. This equipment, a specific type of diaphragm pump, has been difficult to source, but has now been sourced and ordered."

"The intention of the completed upgrade is to move the mill into commercial production. Although the Company does not anticipate this happening until the conclusion of the rainy season, end of September, early October, the upgrades completed at the mill site will put the company in a position to do so."

To me it sounds like the mill upgrade was almost complete and that commercial production could be announced any time now. I am always positive on UC so my thoughts are biased. But, if I try, I can interpret the above wordings quite differently. The fact that you were told that there is an increase in personnel on site, that are in training, leads me to believe that commercial production just may be able to be announced soon. I think that is what will get the share price moving for us.

Thanks for keeping us informed,

Brent