Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Dragonsmyth7on May 04, 2021 2:26pm
255 Views
Post# 33124688

I wonder, Hey Ausheds, Help Please

I wonder, Hey Ausheds, Help PleaseVery interesting news, now taking past timelines out of Ucore.  I would add three to six months to reach the goal they have set.  They do move, but at a very slow rate.  The glaciers are melting faster.

Dear Ausheds,
A while back you made a statement that had me wondering how DOD would play it.  You said that if the US really wanted to hurt China all we had to do was stop sell light REE concentrate to China.  Do you stand by that statement?  Because if you do, then I think that the REE producer that Ucore is testing for, is Mountain Pass.

Here is my reasoning.  If you are Mountain Pass and you are selling your Light REE concentrate to China to finsh the last 10% of separation.  You know that DOD does not like this or the 10% ownership by a Chinese state run REE company.  DOD may not like this but more importantly they can ban the sell outright by putting in place an embargo.  If this happens you have lost your only way to make money off REE.  With ternsions raising between China and the US.  The smart move would be to find a way to complete the separation of the REE here in the US and stop selling to China.  Here is Ucore offering to test a new way of separation that is faster and cheaper.  Why would they not have they're concentrate tested.  It would be the smart move.  Plus they would have the money for testing and building a Rapid SX plant on site.
This is one of the chess moves that DOD would likely use.  To put pressure on China and then the REE coin would flip. 
What do you think Ausheds?  Possible?
Yours, 
 Dragon
<< Previous
Bullboard Posts
Next >>