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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 Dmajormineron Aug 09, 2018 9:31am
116 Views
Post# 28432507

RE:RE:RE:Trumps Signature

RE:RE:RE:Trumps Signature
PipinoCuevas wrote: dmajorminor   seems like you missed this
trump signing on monday
You just lost alot  of credibility (if u had any)
Care to respond or you in hiding?


Not really . I said NDAA when I was actually suppossed to be referring to the Approppriaions bill . I beleive its H.R. 6157 which has passed the house but will take quite some time to pass the Seante.

Here is its up to date actual status. Its not even on the Senate calendar yet and may not be for some time.

Bill HR 6157 status

The Senate as per usual will do a lot of cuts to many areas before appoving this.  Some of the appropriations have taken years. Lots of politics etc here. If it is at all on schedule the President may sign it in December ( which is what I thought I was referring too).  Even if it gets approved by Senate and signed in September it will be at least June of next year before anyone really sees a dime of it. It also gets doled out in many tranches. In Ucores case with all the FEED studies etc still to be done your looking at 2021 to 2022 before you can even dream of possible revenues. 

Ucore market cap is close to $100MM which is massively overvalued..  I will bet anyone that once you are realize the timelines , the costs, and the minimal profitablilty if any , plus the heavy dilution, this market cap will be 1/3 of where it is now.  Happens to every company.  This will be no different.  It is why I and my freinds have sold or are selling into this .  Sell on news ! 

FYI....I've had some very smart people look at this before I sold. Also My69z was also paid by at least one of those other companies he promoted. I know the CEO of one of them and he confirmed.

Bullboard Posts