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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 reeJoeyon Sep 26, 2019 3:25pm
133 Views
Post# 30167664

RE:RE:US--My rights worth .008 cents!

RE:RE:US--My rights worth .008 cents!Jackie:  Certainly, Ucore understood the implication of the RO for UURAF shareholders and proceeded with that approach to money raising in spite of that knowledge.  Given the shaft of UURAF shareholders, I have to assume they will be lucky to sell even half of the rights.  Even that would mean massive dilution and presumably still might not raise enough money for the company to keep its head above water in the short term.  I will continue to hold my virtually valueless rights--LOL, is it possible for rights to have a negative value?  On our way to US rights being worth .001 cents.
Bullboard Posts