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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
Comment by SevenMon May 24, 2010 11:43am
330 Views
Post# 17126248

RE: Chux, Zimtu Sucks!

RE: Chux, Zimtu Sucks!Ooops, it's not 'managed' by Zimtu BUT:

This all from the May 4 nr on Zimtu's website:

"Quantum has agreed to purchase all of the issued and outstanding common shares of 859404 BC Ltd. ("859404") a private British Columbia Company. In consideration for the common shares of 859404, Quantum will pay a total of $500,000 to 859404 and issue one common share of Quantum for each common share of 859404 issued and outstanding, subject to the acceptance of the TSX Venture Exchange."

"Following the completion of the Elk Creek property transaction and the Australian Rare Earth transaction announced March 12, 2010, Zimtu will hold a total of approximately 4.7 million shares of Quantum."

"Zimtu was instrumental in the organization and management of 859404 from its inception in August, 2009 to the successful completion of the acquisition of the Elk Creek Carbonatite Project."

"Zimtu has aided and supported the development of Quantum and will be a significant shareholder of the company," stated David Hodge, President of Zimtu."

I like this one:  "The Elk Creek Carbonatite Project was highly sought after and took significant focus and effort from our team to acquire. The project has the potential to become a significant global resource of niobium and rare earth elements."  Just like Blue River, hey David??  LOL...

My suspicion is that Peter Dickie is the Quantum tie to 'Zimtu management' but that is pure speculation...

Anyway, maybe there's something there but in my opinion there are too many other companies without questionable ties to be bothered looking at this one...

Seven .
Bullboard Posts