Hi All,You may need to register for a thirty day free trial to...

Hi All,

You may need to register for a thirty day free trial to read the following article; however, basically it is just a glowing report on the Henty Read Zone.

http://www.miningnews.net/storyview.asp?storyid=795156661§ionsource=s88&highlight=unity

I hope now that work has commenced in NSW that the company will make this their main expenditure for expanding the reserves. I would hope to see them continue to mine the excellent grades of the Read Zone and continue to bank the profits for the time being. Hopefully good progress can be made in NSW and once we get into production there will be sufficient funds to continue to drill out the balance of the Henty resources and extend the current mine life. IMHO five years is sufficient for the moment.

If UML can be transformed (upgraded) to a 100,000 ounce PA producer without increasing the current shares on issue: 505,250,000 it would be a wonderful result for shareholders and management alike! Hopefully the next quarter results will see an improvement in the cost of production, I can’t help feeling that we are coming to the end of the long sideways movement in the Gold price and are overdue for a price break out imminently.

Europe remains a mess and is sinking fast, Japan has given up on all pretence that their central bank is anything other than an arm of government with no separation at all and Uncle Ben will print and buy valueless paper to the tune of $85 Billion per month. In the face of all this I feel Gold and proficient producers mindful of costs are the place to be.

For what it’s worth I believe the current gold price kicking will turn around this coming week as our Asian New Year revellers return to their desks!

Congratulations to management for a job well done so far to date and the best of luck to all concerned for a prosperous future.

Cheers and very best regards: Andy