United Resource Holdings Group, Inc. (URHG)

[themtharhills]

shazaam,

I asked Strack what the gold price had to be for Dun Glen to break even if it were running 50 hours a week. He said, "$600."

As far as a gold report goes, at the shareholders meeting we were told by Dana Low that everything was finally in place to begin running the ore and that those on the tour would be able to see the plant for themselves. They would run the plant for 50 hours a week and if there was no gold in a month Dana would step down and recommend they stop mining Dun Glen.

They were supposed to have a gold report ready the day after the shareholders meeting. It was to show the value of the gold the tour saw on the wash plant. All they had to do was pull the mats, clean them off, and then figure out how much gold was in that one run.

They had actually done the run the day before the shareholders meeting, but said they wanted the tour to see the visible gold in the riffles, and that was the reason the gold had not already been pulled and assayed. I have no idea why Low and Strack did not release that report the day after the meeting as promised.

In any case, by now there should be about 150 hours worth of production at Dun Glen. So I am hopeful that by Thanksgiving we'll have a positive gold report report and something to celebrate.