Bullboard - Investor Discussion Forum Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s): UURAF

Metals & Mining Industrial Metals & Minerals

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.

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Ucore Rare Metals Inc. > Can Ucore make it?

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Post by Dragonsmyth7 on Dec 27, 2021 3:31am

Can Ucore make it?

Hello all,
It is late Sunday night, wife is off to be bed. We are snowed in curently. In a day or two the plow will get to our street. We got at least six inched of snow, the first of the year. We are fine. Still got power and the gas is still working. I have coffee and cat food to last. After I finish this post I have a Jack Reacher novel on the nook to get back to.

Ausheds is right there are six big REE companies in China, as you can see they are being moved into one control group to better control REE prices. IMHO China is will be making the squeeze on prices next year and there is little or no hope of anybody being able to counter it. If China cuts it's exports REE to drive up prices, can Lynas increase production to meet the demands of the world? Maybe Lynas can, maybe they can't. Either way there will be increase pressure for national leaders to do something about it. That is something that I think will help Ucore. The long term reader/posters of this board know that having is deposit is only the begining of the supply chain. You have to dig it up, seperation of ore from rock, crush the ore, make it into a concertrate, then do seperation into each of the REE elements. Which is the stumbling block for most of the world. Enter Ucore with RSX. Is it better than regular SX. All we have read here says it is. Same chenicals, just different plumping. Which makes is cheaper, faster, and better.
Why no results? I don't know. Maybe they are asking the wrong questions. A long time ago I tried to write a report with the help of a lady friend. I was trying to explain why we could not finish a job. We had done the job but we a had a new QA inspector that was so new he shined like a new penny. To get him to sign off on the job. We had to go over what we did three to four times before he got it. We found out that it boiled down to words used and how we asked questions. Maybe the QA people they have doing the results understand the chemicls but not the mechanical end of it. Remember China has tried to limit the knowledge on SX as a way to control it.
Should Ucore put out a PR giving a progress report on RSX, problems encountered. Like Covid lock down or one of the inspectors got sick. The whole place has to be cleaned. The QA people want a better breakdown of this section because it is not explained well enough to pass. So they have to go back and redo it. Yes, I think a progress report before the new year would help a lot.
Ringtail has showed up for midrats and headed off into the night. Hopefully to a nice warm place or at least a dry one.
Good night all,
Dragon
PS Hey, hope you all had a good Xmas.

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