Ucore Rare Metals Inc. V.UCU

Have been adding 5th REE Miner/Processor

[reeman]

Energy Fuels Inc. (NYSE American: UUUU | TSX: EFR)

Similarly a big picture thinker, CEO Mark Chalmers was a key participant in the drive for the establishment of a critical materials reserve of up to 35 strategic metals to be created in the US. Part and parcel of this is the company’s 100% owned While Mesa Mill, which is licensed for 8 million pounds U3O8 per year and can process 2,000 tons of ore per day and is the only conventional uranium plus vanadium processing facility in the US. More importantly, in just nine months, the company pivoted to the rare earths sector and will be producing a rare earths concentrate from monazite ore sourced in the US. This will require only minor processing adjustments within the White Mesa Mill with relatively minimal capital costs, with first product expected to be produced in Q1/21.

Going forward, Energy Fuels is engaged with a number of leading rare earths industry experts across a broad spectrum to advise the company on the rare earths segments including a technical agreement with Neo Performance Materials, a US Department of Energy contract (along with Penn State University) for the recovery of rare earths from coal. The company is also working with noted rare earths industry expert Jack Lifton.

[PipinoCuevas]

Reeman bought it at 1.90.  Got out with 50% gain but way too early.   Never went broke taking profits though tmrc has seen no follow thru.  Bought a small amount at 1.5, its up but lagging big time

[PipinoCuevas]

Tmrc still commissioning pilot plant, not cdp they seem to be falling behind ucore should be commissioning commercial demo mid yr, hopefully commissioned within a yr from now

[reeman]

Nothing wrong with a 50% profit!  I think UUUU hasn't yet gotten all the credit it should have given how close it is to the prize.  And then there always is the uranium to keep the glow on.