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We deliver leading advanced technology that provides separation of rare earth elements needed for the supply chain to produce electric vehicles in North America





 

Bullboard - Investor Discussion Forum 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 Discussion

Ucore Rare Metals Inc. > Rod's statement
View:
Post by Dragonsmyth7 on Oct 23, 2023 12:37am

Rod's statement

Dear Rod, 
You have stated that you believe that RSX has not been proven to work.  
I would like to point out that it has worked at lab scale.
It worked at pilot scale.
It is running at commercial scale.  Fine tuning each stage for the commercila plant in LA.
So when you say it has not been proven, just what are you basing that statement on?  Can you post a link to your proof Or is this just your opinion that it does not work?
Dragon
Comment by PipinoCuevas on Oct 23, 2023 2:08am
Dragon  Rsx is not at the point where those 6 oems are prefunding it   Dod either    Offtakes are nice but are dependent on a 75 million smc being built from a company with half thatmarket cap    A 5 -10 million offtake offtake would be a nice start   Per pdf, dod max funding 10 million     Company needsalot of cash in a tough environment 
Comment by Dragonsmyth7 on Oct 23, 2023 3:43am
Dear Pip,  You are doing it again.  Yes, it is 75 million for the whole SMC, but first stage costs are lower.  The cost of building the first 2000 ton stage is 35 to 45 million.  If they get that built the rest of it should get funded because they will be producing REE oxides. Do I think that DOD will fund the whole thing, YES.  The less REEs coming out of China will worry ...more  
Comment by PipinoCuevas on Oct 23, 2023 11:27am
Dragon pat says 55 million for first stage on pdfs also says 10 million from DOD is possible. Never said anything about potential full funding why do you think he is greasing you up for more dilution.  Saying investors should worry about it and we will make it up I. " multiples and multiples".  your memory isn't serving u well
Comment by PipinoCuevas on Oct 23, 2023 11:30am
Dragon u should be buying now. All time low pps for a company about to put a stranglehold on China and get full DOD funding.  Gee whiz, that sure lines up how it supposed to your grandkids are gonna be a annoyed you bought them this stock.
Comment by PipinoCuevas on Oct 23, 2023 3:26pm
Dragon might be an all time low today    Just a fyi
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106-210 Waterfront Drive
Halifax, Nova Scotia, Canada
B4A 0H3
902-482-5214
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