UC is in an enviable position.  It certainly looks as though a few are catching on.  You just can't buy a silver producer for 4 cents anywhere else.  At $0.25 this would be undervalued compared to its peers.  The anonymous shares were absorbed quite easily and now most of the buying has been at the ask.  I would think UC will run to over $0.10 quite easily in the coming weeks even without the announcement of commercial production.


An announcement of commercial production would most certainly take the UC SP significantly higher.  Add to that the acquisition of more tailings, assay results and stripping out material from Xora, a higher silver price and you have a recipe for a share price that could take out multi-year highs.