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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 xdmmdx3on Oct 16, 2009 11:12am
432 Views
Post# 16393918

I'm in today! @ 60 cents.

I'm in today! @ 60 cents.Jim McKenzie, the CEO in that email posted by that other guy stated drilling is going well and now they extended drilling by extra weeks.  Drilling costs $$$, and you don't do it unless you see potential.

I don't know if you guys are familiar with rees, but in discussion with a geologist, he told me they are easy to spot due to coloration of the rocks.  So I'd think the geologists SAW a lot of mineralization, forwarded that info onto Jim, and he authorized more drilling.  This is just common sense.  You look at the cores, see the pinkish mineralization, and you get an idea whether the stuff is good or not.  Sounds like they may do as much as an additional 50% more drilling than expected.  You don't spend the dough unless you know its going to be worthwhile.

I'm optimistic on this one.  No one can speed up the lab processing times.  No matter how good the results may be.  Stock looks very cheap compared to where it was days ago!  I'm in now, but will buy more if the price goes any lower.

Good luck to all,

x
Bullboard Posts