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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

Comment by Rodtipupon Jan 29, 2021 9:03am
113 Views
Post# 32418648

RE:Possible reason Ucore is raising money

RE:Possible reason Ucore is raising money
Dragonsmyth7 wrote: Good evening everyone,
Wife is making dinner, so I have a little time.
Pip, yes the sky is falling. We will all be crushed.  Ground into dust and blown away with the wind.
OR?
Ucore is raising money.  They got 3 to 5 million to do the setup work on the SMC.  If I remember right they have enough to finish the CDP, at least to the first stage.  The sample is being separated in the pilot plant and we will get the results this quarter.  
So what has a price tag of 5 to 6.7 million that Ucore would be interested in buying.  The only thing that come to mind is a settlement for MRT.  Steve, finally might have seen reason once Ucore got funding for SMC.  He would know that Ucore would not go broke and he could win by default.  Maybe they are finally really talking settlement.
Just a thought.
Dragon

Dragon, if true and Ucore/IBC settled and I hope it so, this would be the game changer not just for DOD/DOE funding but it would open up Coal and Oil tailings making a fortune. I pray this is so!
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