Ucore's price????Good Evening,
Been reading the posts on the board. Question, do all of you agree that Ucore's share price will be driven by events in the coming year? Okay, let's run with that. What is the most logical event to happen next that is going to move the share price? 3rd party post it's results is the most likely to me. Okay, how much is this going to move the share price? My guess is not much, maybe 1.00 to 1.25. Why? We follow Ucore, we know what that means in the long run but only a few outsiders know. The 3rd party results are the gateway to the SMC and deals that will move the share price. With the results Ucore gets grants to build the SMC from the commerance dept not DOD. That I expect will move the price to 3 to 5 bucks a share with maybe a spike to 7 or 8. but it will not hold at that level. How fast Alaska builds the building? Remember 22 hours of sunlight on june 21st. They work very long hours while the sun shines and play in the winter. All they have to do is get the building weather tight and Ucore can start building the SMC inside.
Now at some point the DOD and the market are going to start paying attention to Ucore. But I do not expect that until fall next year. After that will it be wait and see or wide speculation? When the SMC comes on line share will be 10 to 25. The point that hype will kick in like it did on MP is when Ucore sells it's first batch of REE to the market and 75 a share is a point that the hype will push it to or higher if Ucore is the only producer.
Good evening,
Dragon