some FACTS about the company and the mexican mining property....
uspr of mexico acquired the property in 2003 (twelve years ago)
the company became public as uspr in 2006 (9 years ago)
the first drilling campaign by uspr was done in 2008 (7 years ago) - second drilling campaign and resultant technical report in 2010 (about five years ago)
current bod (minus pane et al.) occurred less than two years ago ... and the current head management (ie ceo) took over about a year ago ...
all ties to plasma, pane et al. (including mesa, etc.) have been severed earlier this year ....
the completion of the current drilling program (following the recommendations of the first technical report - and the independent geologists who wrote the report) occurred within the last month ....
a new technical report is expected within a month or two giving probable resources ....
the amount of gold, silver, and copper will then be public knowledge - at least for the 113 acres (.3% (or .003) of the property) ...
CONJECTURE (based on previous statements by company, and logical conclusions - if you don't like my conclusions, draw your own)
institutional financing and/or a jv deal based on the amoount of gold, silver, and copper will be entered into by uspr
with additional financing, more pieces of the property will be drilled ... resulting in additional technical reports ... additional amounts of gold, silver, and copper ... etc.
end game - sell property (all or part of - based on amounts of gold, silver, and copper)
one additional fact ... a local university in mexico was doing an environmental impact study on the property - mining it .... etc. (this was in a previous filing) this will make a feasibility study easier to do .... and hopefully future reports can give reserve numbers instead of probable resources ...
