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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 aushedson Feb 07, 2020 1:57pm
96 Views
Post# 30659412

RE:RE:RE:WHY ANOTHER FEASIBILITY STUDY?

RE:RE:RE:WHY ANOTHER FEASIBILITY STUDY?Why another FS?

Hammond, a highly respected professional, gave you the straight answer, Bokan is light years from ever being a viable resource, but everyone here got sucked in by the pumpers and their BS spin. 

No one even stopped to question why Ucore never said one word to defend Bokan, in reality they had to AGREE with Hammond's assessment by racing down the rabbit hole again and dig up a BS co-products storyline. 

Every resource has trace elements, rarely are they viable due to additional CapEx required, low recovery rates from minute traces, and additional processing complexities/costs, but none here even bothered to research any of that, totally sucked in by Chris's garbled spin.

Why no AIDEA funds?

Simply because Ucore cannot deliver a FS to qualify for those funds, that have been sitting on the shelf for years now!

By the same token Ucore has absolutely nothing of substance to qualify for DOD funds, no possibility to meet ANY of the base criteria clearly spelt out in the tender doc's, and once again everyone here was totally mesmerised by the "consortium" BS, again pumped & spun with copious amounts of BS C&P by the Pied Pumper Chris, who has conveniently done a Houdini. 

Ucore is nothing but smoke & mirrors, burning SH cash. 
Bullboard Posts