Ucore Rare Metals Inc. V.UCU

Ucore's main problem

[Dragonsmyth7]

Hello All,
About 2 AM late night I get up to go the bathroom and when I come back the black cat has taken my warm spot.  I slide him over and get into bed.  Then I have four very cold paws in the middle of my back.  While I was waiting for the cat to get warm and snug in.  I was thinking about my last post and had a thought on PDAC and that is the last I remember.  Next morning I was on my second cup of Folgers before the thought kicked back in again. 
Ucore main problem is not funding.  Yes Pip, funding is a problem and a big one but, not the main one.  Ucore main problem is proving RSX is better than SX, as in faster, cheaper and greener at conmerial scale.  They do that, then funding will not be a problem.  The best time to do that would be at PDAC.  So I am include to think that the big announcement will be on commissioning and testing of the two ton sample of concertrate and the results of that testing.
In other words, Ucore's RSX needs creditbility at commerial scale with miners and finance guys.  So they need the Demo plant commissioned and testing result that they can show the world and what better place than PDAC.
Dragon

[PipinoCuevas]

Not sure they can get results that quickly  might need a few more months  be a nice surprise but I doubt they run two tons either way, probably sink or swim in 2023 i am all for swimming      The timing is perfect, now we need deals

[Dragonsmyth7]

Dear Pip, We don't know how fast RSX is.  They said that to start the SMC will do 2000 tons of concertrate.  I would say that there is a outside chance that the sample has been run through the Demo plant and we will see results at PDAC Dragon

[PipinoCuevas]

Dragon  I wouldn't totally discount it i just know they said they would be running trials for all of 2023, thats why I thought they may not have them yet

[Rodtipup]

Dragon, I believe its just too soon. They have only tested for at best 2 months. Perhaps the results are done i dont know, however, the verification process someone or some entity has to sign off on will be very time consuming. Then the verification would need to be fully vetted and verified.  No doubt I like where Ucore is trending but Im not confident on the SP rise on no information. Is

[PipinoCuevas]

Rod tmrc is around $1.30 US and ucore is around $1.00 yeah, I doubt it's test results. I really don't think in this market anyone would care enough. I hop it isn't SMC site because that's meaningless without funding. OEM pre offtake or seed money may make some sense.   It seems to be trading like there is something behind it but being a nano cap stock, a handful of MMS could

[Rodtipup]

I stand corrected USD to USD I was comparing CAD to USD