The current financial crisis and economic downturn has depressed...

The current financial crisis and economic downturn has depressed copper price futures to such a low level that there is now a HIGH PROBABILITY that a takeover of URL is IMMINENT or will occur in the very near term.

The ONLY single share holding that has 10% or more of URL stock is Tulla Resources who would support a takeover or merger (latter less likely) for the following reasons:

* Predicted 'double plus' return on their recent buy-in at 6.5c for circa 44M shares.

* NO POINT in supporting an anticipated 'deja vu' recommendation by the URL Board to reject the 'opportunistic offer'. Otherwise the stock price will languish well below their substantial capital investment (which is hurting them "big time" right now).

* The associated deal they have pertaining to mining facilities and services with URL is worth NOTHING if the status quo is allowed to continue viz. its a "dead deal" unless their votes are used to make a similar deal with the takeover party which is a viable 'go forward' for Tulla.

However, the identities and respective holding in the Convertible Notes "noose" over URL stock [dilution] is still a "dark horse" and must be made known ASAP!

URL Board: GET READY TO GO!