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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 Dragonsmyth7on Jul 23, 2022 2:21pm
138 Views
Post# 34845590

RE:RE:Because Pip asked, The same old 2010 story. Short version

RE:RE:Because Pip asked, The same old 2010 story. Short version

Dear Pip, 
You every been planning a bathroom remodel and have the wife go "Oh, that is pretty" and have to restart the plans from scratch?  Welcome to my morning.  But for now the wife is happy wayward cat is home with no injuries this time.  Black cat decided that he needed to go play outside all night.  Found him on the front porch this morning in a tight ball against the front door.

If we knew that RSX is better and cheaper?  Well we know for sure that it looked that way at lab scale and pilot plant scale.  We know that it looked so good in independent testing that they upgrade the Demo plant to do a larger variety of test samples.  So we have a petty good clue that RSX is better and cheaper.  Does market think so?  I think you are right in that the market is waiting and watching to see if it is also true a commerial scale before we get a reaction from the market.  This is not 2010 where greed chased anything that looked like it could break china grip on REE.

As for your worry that RJ is going to buy the company and go private just when things start to look up.  Is there anything that you do about it?  Are you mult-millonare that can buy enough shares to stop him?  Then there is nothing you can do and you are only borrowing worry.  You will give yourself a ulcer and a early grave.  Stressd kills, lost a friend that way.  If you are going worry about something worry about China or the US government not RJ.  They are more of a threat than RJ.  China considers REEs a strategic asset and US Government can step in at any time and take over.

As for the cost of the SMC, Grants from the commerce department and AIDEA pay for SMC not Ucore's marked cap.
Breakfast is servied
Dragon

 

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