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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 Jun 07, 2020 1:11pm
149 Views
Post# 31121781

RE:Devil's Advocate Job Opening, help wanted

RE:Devil's Advocate Job Opening, help wantedDo just a little basic research Dragon, no one is going to lend on that nonsense PEA done 6/7 yrs ago, note I stated full FS, or "bankable" a document of credibility engaging numerous external consultants that someone might be prepared to lend on.

The reason AIDEA have not delivered any funds to date is simply because Ucore have never delivered a credible FS. Why do you think they just went searching for traces of other paydirt?

Go and research some RE Bankable Feasibility Studies and take a look at the work involved to provide some surety over financial viability. Peak & Arafura probably most recent.

Resource definition, incl economic cut off grades, flowsheets, engineering, products/price to mkt, generally at least 2/3 years in preparation & verification. 

READ Ucore's own glossy M3 plan, from memory they were talking 30 months, what do you think that was for, and what do you think it would cost?

RapidSX is totally unproven commercially, it's been on the shelf ~6yrs, Hexagon fell over it at a conference, first time they'd heard of RE, you are completely delusional if you think they add anything here, simply more of the same.

Get off the pot and wake up a little.
Bullboard Posts