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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

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  • MuttleyKnowsX
Comment by MuttleyKnowson Dec 05, 2024 1:51am
60 Views
Post# 36346472

RE:News today is lame

RE:News today is lameExtending the warrants is a positive sign for me.  I don't think this is pump and dump activity as suggested on other posts.  You need to put real money in at CAD 0.85 per warrant to get a share and then sell shares above the strike price to make money.  Forget about the fact that current stock price being south of the strike price, there clearly isn't trading volume allow the insiders to execute this imagined pump and dump of the insider warrants and shares sitting out there.

Thus, I am leaning towards positive news coming out before the Trump takes office so extending the warrants becomes a worthwhile exercise for everyone.  Still betting on offtake agreements but I have now been waiting for 2 years now so what do I know.
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