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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

Post by Dragonsmyth7on Mar 10, 2024 10:07pm
119 Views
Post# 35925627

Ucore's two birds, one stone trick.

Ucore's two birds, one stone trick. Good Afternoon People,
After going over the PR again.  It hit me what Ucore was up to.  All the clues were there and I am sure some of you are ahead of me in figuring it out.  I am getting slow in my old age.  A heads up to the rest of us would have been nice, is all that I am saying.


Clue one: Ucore gets 4 million from DOD to do Heavy REEs testing.

Clue two: Ucore gets 4 million plus from Canada to do Light REES testing.

Clue three: Ucore has three two ton samples, heavy, light and mixed.  

After the PR we get,

Clue four: Ucore is separating the Mixed sample.

Clue five: Ucore has removed all other elements from the mix leaving only the REEs, AKA Milestone one.

Clue six: Ucore divided the REEs mix into lights and heavies, AKA Milestone two.

PR data ends.  So we get to play detective.  Ucore only needs to product enough of each heavy REE for DOD to do lab testing.  Starting with the highest priority  Then move on to the next REE on DOD's list.

Once all of DOD list is done.  They can switch to the light REE mix and start producting light REE test samples for Canada.  By separating the mixed sample Ucore is in a position to product test samples for both DOD and canadain government without having to do the first two steps over again.

The Unknown.  
How much is a test sample?  One or two kilos? Less? More?
Will Ucore be able to produce all of the DOD test samples by the end of June?
How long will it take for DOD to test the samples?
How long to get the 10 million start up money?
Can Ucore be able to produce all of the light REE samples for Canada by end of Dec?

Dragon 



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