Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Mouloukon Apr 26, 2019 3:05pm
110 Views
Post# 29676368

RE:Halifax Court Update & Correspondence

RE:Halifax Court Update & Correspondence I am looking forward to see the Court documents. Nonetheless, these court cases are not what UCU needs. My understanding is that UCU-IBC legal disputes are just at the jurisdiction level. This means that the arguments on the merit of the case are not even considered by the judge. Last time I checked, legal fees are never fun to pay and not cheap.

Unless there is a quick settlement or resolution, I do not see how this can be good for UCU. I wish the same level of energy would be invested in advancing the business plan. While UCU spends time in various courts, another REE player announced that it would be in a position to separate various REE elements and sell REE oxide in Quebec by the end of the year and generate around 10 M$ per year to start. Not much money but still better than nothing. 

I know, what other choices UCU has but to pursue this battle? Probably none, but I don't like it. This Board has now become a place where everyone has a feeling and tries to read tea leaves as to the intention of the parties in various courts without the actual court documents. Very instructive...

Moulouk
Bullboard Posts