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.

TSXV:UCU - Post by User

Ucore Rare Metals Inc.

Bullboard Posts

Comment by Charlie_Chanon Jul 17, 2019 11:56am

91 Views

Post# 29929866

RE:RE:RE:RE:price movment

It is important to look at Ucore's trading in context with other Junior Rare Earth exploration Companies-----------especially over the past month.

The basket of Junior RE's that I track are all below 50% of the monthly highs. Actually, it was on May 30 when UCU traded at a high of $.335.

UCU is trading at a premium to it's peers which is still not a reason to break open the champagne.

The Boyz who "create" this market have basically the same Algo's artificially "trading" the stocks, and unless there is a higher degree of retail speculation in a particular sector than normal, normally these Market Makers are predisposed to making sure that the share price drifts lower, usually in light volume.

The newbie investors and the faint hearted are spooked at this constant drip-drip of lower prices and will usually succum to ridding themselves of this agony.

This is what the scammers are hoping for!

Some perspective of who is Net Buying or Net Selling can be ascertained looking at the 30 day brokerage positions. As you can see there is one large Net Buyer (Latimer) and 1 large Net Seller (Anonymous, of course). All in all, very tepid trading for a 30 day period.

House Positions for C:UCU from June 19 to July 17, 2019

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
36 Latimer	443,980	94,122	0.212	2,210	447	0.202	441,770	-93,675
7 TD Sec	454,816	102,358	0.225	243,259	54,702	0.225	211,557	-47,656
80 National Bank	133,905	26,720	0.20	40,930	9,125	0.223	92,975	-17,595
85 Scotia	582,141	125,526	0.216	512,190	107,402	0.21	69,951	-18,124
57 Interactive	63,300	12,702	0.201	8,250	1,783	0.216	55,050	-10,919
33 Canaccord	21,126	3,787	0.179	0			21,126	-3,787
99 Jitney	63,500	15,256	0.24	56,000	14,035	0.251	7,500	-1,221
2 RBC	402,924	87,360	0.217	399,136	85,207	0.213	3,788	-2,153
88 Credential	4,800	1,129	0.235	2,615	626	0.239	2,185	-503
14 ITG	1,500	405	0.27	0			1,500	-405
68 Leede	77,377	14,767	0.191	77,188	14,887	0.193	189	120
53 Morgan Stanley	0			1,000	240	0.24	-1,000	240
28 BBS	7,500	1,950	0.26	10,000	1,750	0.175	-2,500	-200
13 Instinet	32,000	6,952	0.217	43,500	9,375	0.216	-11,500	2,423
19 Desjardins	64,000	15,504	0.242	82,500	19,850	0.241	-18,500	4,346
59 PI	0			20,000	4,950	0.248	-20,000	4,950
9 BMO Nesbitt	137,040	27,949	0.204	159,645	30,506	0.191	-22,605	2,557
39 Merrill Lynch	4,150	925	0.223	28,000	4,730	0.169	-23,850	3,805
124 Questrade	7,260	1,478	0.204	32,800	7,216	0.22	-25,540	5,738
79 CIBC	210,324	45,509	0.216	258,700	53,283	0.206	-48,376	7,774
89 Raymond James	51,296	11,012	0.215	114,277	22,783	0.199	-62,981	11,771
143 Pershing	54,235	10,547	0.194	150,063	32,389	0.216	-95,828	21,842
62 Haywood	12,000	2,880	0.24	108,500	27,795	0.256	-96,500	24,915
1 Anonymous	832,944	182,336	0.219	1,311,355	288,103	0.22	-478,411	105,767
TOTAL	3,662,118	791,174	0.216	3,662,118	791,184	0.216	0	10