one to watch, page-2

The pending assay results at UTO's Olary Creek Iron ore project could very well be the catalyst to turn UTO into a real power house and on the radar of the big boys just like Carpantaria was transformed into a company of considerable size when it struck a JV deal with BMG for $81 million, for its Hawsons Iron ore projects which is about 40km away from Olary creek.

Very interesting times ahead. We are soon to have the money from the sale of one of our projects in the bank, so we will be cashed up and if we can get some good results from olary creek then we will defenatly see the sp increase considerably. Not to mention what BMG may be thinking if our results are as good or even better then CAP's!! BMG could have 2 iron projects within 40km of eachother to produce from, good cost cuuting exercise for them!!

Interesting times ahead!