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Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

Ucore is focused on rare and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.


TSXV:UCU - Post by User

Post by MuttleyKnowson Mar 05, 2023 5:06am
643 Views
Post# 35319763

Trading last week ...

Trading last week ...It looks like whoever is accumulating shares tried to push the price down during the week to get people to panic sell them at lower prices.  It didn't seem to work as the price recovered at the end of the week on relatively modest volume.  

It shows that there are not many shares available to buy at these price levels.  If people still want to accumulate in any volume then they are going to drive the prices much higher.

This is beautiful setup for the coming news folks.  I am picking GM as my favourite to be first offtake partner as they have been the major OEM that has been the most active in securing their EV supply chain (e.g. Thacker Pass).

On the government grant front, it is toss up who will pony up money first between the US and Canadian government.  Ultimately, I expect both to step up with dollars to help the company.

Good luck to the longs but watch the share price action and trading volumes.  The faster we move from lower left to upper right then the closer the news is.
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