Anyone care for a bit of intelligent discussion?LidLid,
You should do some research into XRT sorting technology. It's a brand new innovation in the REE sector (thanks Ucore) and filters out about 95% of the gang material. (That would be the Uranium) The much leaner ore is then sent for further processing... So, yeah once they do that, the TREO goes to about 15-20%, and by comparison, this makes our little company quite viable considering XRT is already proven to work with Ucore’s ore.
FYI the Bokan REE project is actually not a uranium mine. (It’s next to the uranium mine a few miles away)
I am only worried about one thing at this point, the SPE technology. That’s it. Once SPE is out of the way, everything else will come together. It’s the key that will eventually unlock our shareholder value and get us over that $1.00 mark.
Another thing, anyone pay attention to Tasman? Gotta love that sh*t. While they struggle with the financing hurdle, we’ve got that one sorted, so I guess that means Ucore is back in the lead in the race for non-Chinese HREE production? Not only that, the other producers are getting hammered by short term Chinese pricing. The Chinese know these levels aren’t sustainable; they're just posturing while they can. In the meantime, Moly will become a black hole money pit and Lynas will go bankrupt. Anyone shorting Molycorp right now will look to make money on an upswing, and that will be Ucore when it releases news about the Pilot plant completion, SPE and proprietary technology rights.
Anyone who loses money on Moly, will buy Ucore when shares are over $2 and probably lose money once again.
You can’t get rich in 1 quarter people. (Unless you bet on NOIBF three months ago…that is) So, what I’m going to do is sit back and accumulate tens of thousands of shares while the getting-is-good.