RE: unravelling??Yes cash flow is good!!
Joe, who knows and as far as I am concerned it’s irrelevant...I highly doubt the plan is unraveling there are some pretty smart/seasoned dudes and at the helm here, and have you looked at Parker's CV?:
"Bruce Parker P. Eng. (Montana) has been appointed to Head of Operations of United Bolero’s Montana projects. Mr. Parker has over eighteen years experience at open pit mining operations with positions ranging from Mine Engineer to Mine Superintendent. More recently, Mr. Parker worked 13 years for the Beal Mountain Mine (Pegasus Gold) in Montana where for the last seven years he was the General Manager. While there, his responsibilities included production, mine planning, engineering, budget management, human resources, safety and training and regulatory compliance. Mr. Parker also designed, prioritized and supervised reclamation activities at the site including directing subcontractors and consultants, and was the point person for multiple regulatory agencies."
And the latest drill results from the quarry (100' @ avg. 0.37%)? Logic would suggest they should be drilling the heck out of the quarry floor like a piece of Swiss cheese...= increase resource @ quarry = more cash flow.
AND BIGGER is better (43-101) al'a BB & CG all day long; if UNB is ever to be trading on a comp level to the other big guys...I would rather have a $3 in front of the $.40 UNB is currently trading at.
Long and patient...