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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 Dec 23, 2019 12:45pm
94 Views
Post# 30484288

Ucore Summary

Ucore Summary1. Has control of uneconomical without government subsidies mine
2. has option to purchase separation tech which has been and will continue to be held up in court for months if not years.
3. Sells nothing
4. Has no experience with SX but is attempting to bid for an SX plant against people who have been in the business forever.
5. has continuously dissapointed shareholders for years
6. pitched a rights offering as a great deal, then shares dropped to .07 on their own, so any shareholder had access to shares at that price
7. Burning cash and will use all raised funds by the end of 2020 or sooner.

Fairy tail: Will win Sx plant contract, and eventually use MRT to build a successful business. 
Bullboard Posts