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Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s):  UURAF

Metals & Mining Industrial Metals & Minerals
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

Ucore Rare Metals Inc.
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Post by JJBronxon Mar 18, 2011 11:12am
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Post# 18305052

Ucore active on Twitter again

Ucore active on Twitter againInteresting post on twitter this morning.


Tantalum is used in electronic equipment and is trading at $510 - $580/kg. [Source: Metal-pages.com March 2011] [Byron]


The 1989 USBM study [Non 43-101 compliant] est. that Bokan contains about 2.06M lbs of Tantalum Oxide (approx: 0.77M kg of Tantalum element)


Here is a link to the 1989 U.S. Bureau of Mines study (Warner & Barker, USBM OFR 33-89) (see page 116) https://bit.ly/guYjkc
so we have .77 million Kgs of Tantelum x $ 580/kg = $ 447 Million
Is this math correct?
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