United Resource Holdings Group, Inc. (URHG)

[themtharhills]

Today’s Press Release from URHG is right in line with the June 10th PR. It means the previously announced Phase 1 retrofitted circuit is now set up. So we can expect that (after the tests and calibration are complete), the circuit should be operating at 50% efficiency.

Then, according to the June 10th PR, once Phase 2 takes place, this first circuit’s recovery rate should improve by 20%-50%.

Some time after that they will plan for a 2nd circuit to be added to the property, which would mean two circuits processing Dun Glen ore and thus double Dun Glen’s production. The mention of new water sources is something I don't recall seeing in any prior PRs, so that sounds like very good news.

These PRs give me the impression that a solid plan with tangible benchmarks is in place, which increases my confidence in the company and its prospects.

- TTH