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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
Post by padillbron Sep 13, 2019 10:28am
86 Views
Post# 30123523

Effective price

Effective priceSo, basically the company if rights are fully executed is worth whatever 50% of the difference between the current share price at the time and .10 canadian (Rights price).

So, as it stands, the shares average out at .14 canadian for current shareholders. 

If it drops to 12, then its .11. So on and so forth. 

So basically, take a guess at what the price will be on 9/17/19 and split the difference. If current price is lower than that, buy. If not, sell.
Bullboard Posts