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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

Bullboard Posts
Post by Irish123on Jun 14, 2012 9:27pm
363 Views
Post# 20016346

Concern?

Concern?

"The forthcoming production scale research will supplement prior bulk testing conducted by Ucore (see Ucore press release dated March 6, 2012). It will additionally advance the preliminary metallurgical flow sheet which will be included in the Company's forthcoming Preliminary Economic Assessment, expected to be released within the next 30 days."

I am no expert, so hopefully someone can help clarify the situation.  But, why would they need to conduct more bulk testing when they already have done so as per their March 6th press release?  Is there something wrong with the PEA on the current form?  The fact that it should have been out by now and that they said its release was imminent, and then they do more bulk testing seems kind of odd.  Maybe it's just me.  Thoughts?

Bullboard Posts