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Message: Re: Sent a message to Gary ... Hmmmmm
16
Feb 26, 2014 09:34PM
5
Feb 27, 2014 01:03PM

what do you mean by the Sprott investment and the $6mill ?

the Sprott investment was $1.5 mill and it's showing up on the accounts as at about 500k, that being down to the falling value of siliver in the sprott fund.

http://www.ucresources.net/mobile/news/index.php?&content_id=246

The cost of production will vary a lot if there isn't continual power, you're still paying for people even if they're doing nothing, so you can't attach a mineable value to the tailings under that kind of regime. It sounds as though they need to re-think their energy source as well as the quality of tailings issue.

AP

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