Thanks Crobar.

A reasonable concern is the continuance of using up tailings whilst the SP is at an all time low. Sustaining cash flow at this time seems not to impact the SP. There needs to be a balance of milling and finding new feed sources. A few years of tailings with an SP of 2.5 cents is not forward thinking but just short term survival. Without commerical production or stellar drill results the SP is unlikely to change even if gold and silver bounce up. This increases risk and given the cruelty of the global commodities markets, JVs are becoming extinct. UC needs to pull out all the stops to get the SP up and attract interest.

JMHO.

B.