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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 VeritasBobon Mar 28, 2023 5:56pm
82 Views
Post# 35365625

RE:RE:Benzinga write up.

RE:RE:Benzinga write up. Just a regurgitation by Ucore of its March 16 PR, refashioned to look like a (pseudo-) news article. Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Completes Successful First Stage of Proprietary REE Process at Canadian Demo Plant

That PR, https://ucore.com/ucore-hosts-rapidsx-demo-plant-tours-and-updates-on-successful-ree-separation-commissioning-trials/ was not universally well-received on this board when issued on March 16.

As for the "completion of successful first stage" referred to in the title, the PR masquerading as a news article says "Ucore recently completed the first stage of demonstrating its proprietary RapidSX(TM) solvent extraction process for improving REE production, inviting dozens of industry and government visitors to witness its effectiveness at a Demo Plant in Canada"

In other words, Ucore ain't completed jack on the actual commissioning or testing, at least that it has revealed. Intentionally misleading double-speak is not the kind of thing which makes me confident in the validity of Ucore's bold claims on RSX speed and cost savings.

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