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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 padillbron Sep 16, 2019 10:36am
108 Views
Post# 30130961

So, you are SOL

So, you are SOLBasically, if you didn't own shares as of Friday, you will not receive rights at .075 US or .10 canadian. So, double share count potentially. So, share price immediately dropped to .15 canadian or .115-.12 us, to match average price of all shares.

So basically, a new buyer can get in at the same average price of anyone who bought Friday. Long term holders benefit by getting to half their losses.

Hopefully they are able to execute, and it will be beneficial long term. Otherwise, they just tricked you into losing some more money.
Bullboard Posts