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We deliver leading advanced technology that provides separation of rare earth elements needed for the supply chain to produce electric vehicles in North America





 

Bullboard - Investor Discussion Forum 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 Discussion

Ucore Rare Metals Inc. > Vital's Saskatoon plant could be the next Ucore Brownfield
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Post by Rapidsx1 on Jan 20, 2024 5:27pm

Vital's Saskatoon plant could be the next Ucore Brownfield

So it's all been liquidated now. The equipment, the facility, even the sharp white helmet and neon vest which Trudeau wore when he toured last year-- they have all been auctioned off. 


"All assets, including brand-new mining and processing equipment, went on the auction block on Dec. 24, 2023, and sold to a host of international buyers."

"...most of the equipment for auction was brand new and sold for pennies on the dollar. Successful bidders have until the end of January to claim their purchases."

(Source: https://www.cjme.com/2024/01/18/exclusive-saskatoons-vital-metals-liquidates-assets-amid-bankruptcy/?utm_source=pocket_mylist)


I wonder if Ucore bought anything. But most importantly, I wonder if they bought the Saskatoon facility, itself. It would be a boss move on Pat's part if he did it: a Brownfield building like that purchased for "pennies on the dollar".


I guess we will find out by the end of this month who the new owner/occupant will be. I am keeping my fingers crossed.


:)


P.S.




;)

Comment by PipinoCuevas on Jan 20, 2024 6:38pm
Vital metals   Didn't dragon talk about them?? ucore has no money to buy anything  lets them focus on LA SMC and rsx trials   Enough on their plate
Comment by Rapidsx1 on Jan 20, 2024 7:52pm
Pip: "Vital metals? Didn't Dragon talk about them?" Smart Investor: "Vital Metals? Oh yeah, Ucore has an offtake agreement with them; and Ucore's Vice President used to be Vital's CEO." ;) P.S. Remember: half @ 100, then half @ 300. Things can pick up very quickly before you even know it-- or have time to think wisely and soberly. One day you may see $5 or  ...more  
Comment by PipinoCuevas on Jan 20, 2024 9:52pm
Rapid   Ucore isn't sniffing $100 if ( big if) they hit milestones, maybe $10 in 3-4 yrs this Isnt nvidia or apple
Comment by Rodtipup on Jan 20, 2024 10:11pm
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