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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 my69zon Nov 13, 2019 12:18am
151 Views
Post# 30343241

Did he deposition himself for Ucore ? Can't make this up

Did he deposition himself for Ucore ? Can't make this upOct. 21st Defence, he filed Exhibit F from April 18th, 2019 affidavit. April affidavit, Number 13: " Shortly after the Plantiff approached IBC, IBC located information concerning the Plaintiff, including: (a) a document entitled "PEA" on the Bokan Mountian Rare Earth Element Project, Near Ketchikan, Alaska, which described a prospective REE project ( the "Bokan Project"); (b) financial information concerning the Plantiff; and (c) information about the Plaintiff's efforts to secure financing for the Bokan project from AIDEA". Now go to 21 & 22. #21 -- " REE are bought and sold around the world and their prices rise and fall with market and other forces. At the time Ucore's PEA was prepared in 2013, the world prices for REE were as shown in the table at p.22-2 of the PEA extracts at Exhibit "5" hereto. I have consulted with the Asian Metal website which, in my experience, is the most reliable source of REE prices". ----- (This is him talking, not the lawyer, to add "professional weight" to his "consulting" image if knowing his subject matter)....... #22 defence, 10/21/19, #14 --- " The Bokan Project is the Plaintiff's only material asset. In early discussions with the Plaintiff, the Plaintiff indicated that it EXPECTED the Bokan Project would prove to be economically viable AND IF the Bokan Project proved to be economically viable, the Plaintiff further HOPED it would have sufficient resources to undertake the Bokan Project AT SOME POINT in the future". Now look at every Bokan attack. He says he discovered in late 2018 to being mislead on developing Bokan via pricing and schedule intentions. Is it me, or does he: 1) contradict his own self. 2) make the case for Ucore that he has always known the "Bokan plan". 3) he has spoken into showing himself capable of having checked Bokan valuation at any day and time, over the past. Basically just gave himself a deposition.
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