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Texas Mineral Resources Corp (QB) TMRC

Metals & Mining Industrial Metals & Minerals
Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. Its flagship project is the Round Top rare earths project covering an area of 950 acres and prospecting permits covering 9,345 acres located in Hudspeth County, Texas. The company was formerly known as Texas Rare Earth Resources Corp. and changed its name to Texas Mineral Resources Corp. in March 2016. Texas Mineral Resources Corp. was incorporated in 1970 and is headquartered in Sierra Blanca, Texas.


OTCQB:TMRC - Post by User

Texas Mineral Resources Corp (QB)
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  • steamerlaneX
Comment by steamerlaneon Jan 23, 2020 2:01pm
506 Views
Post# 30589912

RE:wow this chart says it all

RE:wow this chart says it allThat is not a fair comparison,or should I say,it is a misleading one?This is not the whole story,for instance,this stake they will receive is in a JV and this.......Under the terms of the partnership, USA Rare Earth is highly incentivized to fund and complete a bankable feasibility study as quickly as possible so that it may vest its interest in the Round Top project. TMRC shareholders also have the ability to realize value from its American Mineral Reclamation subsidiary, which is not part of the USA Rare Earth partnership and is currently a recipient of a DoE grant in the area of profitable reclamation of rare earth elements from pre-combustion coal.”
https://tmrcorp.com/news/press_releases/index.php?content_id=189
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