1. Limited portfolio - Ultra Resources Inc has a limited portfolio of assets compared to its peers, which may limit its growth potential.

2. High debt levels - The company has a high debt-to-equity ratio, which may make it difficult for the company to secure financing for future projects.

3. Lack of diversification - Ultra Resources Inc is heavily focused on the exploration and development of gold and silver properties, which may leave the company vulnerable to fluctuations in commodity prices.

4. Limited production - The company has limited production capabilities compared to its peers, which may limit its ability to generate revenue.

5. Limited geographical presence - Ultra Resources Inc has a limited geographical presence, which may limit its ability to access new markets and customers.

6. Lack of established partnerships - The company has limited partnerships with other companies in the industry, which may limit its ability to access new resources and technologies.

7. Limited marketing and branding - Ultra Resources Inc has limited marketing and branding efforts compared to its peers, which may limit its ability to attract new investors and customers.