This is the part I liked.

"The Company continues to evaluate its Commercial Production status. The Company believes it has adequate financial resources at this time, to not dilute shareholders and to reach its objectives."

I reckon that UC produced about $.015 a share last year.Just a guess of course.It now has probable reserves in the wings to keep the mill running.

To be trading at $.02 just doesn't make sense to me. What am I missing? Is it that UC hasn't announced production yet?