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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 jrhjr1127on Oct 18, 2018 2:56pm
81 Views
Post# 28829619

RE:RE:Update from Mark.

RE:RE:Update from Mark. How can you expand a joint venture that does not yet exist?  Remember, in the 2nd quarter Management's Discussion and Analysis, there is this excerpt:

"The Company has not yet completed the required payments and finalized the related agreement that will result in the creation of a joint venture between the Company and IBC (60%/40% respectively) holding the exclusive rights to MRT as outlined previously. As of the date of this report, the Company does not have sufficient cash to make the payments required. Assuming completion of the payments and the creation of the joint venture corporation, ..."

Bullboard Posts