Ucore Rare Metals Inc. V.UCU

Should've, Could've, & Would've

[Dragonsmyth7]

Good Afternoon All,
It is one of those gray days that Seattle is known for.  Just the right mix of temp and mosture to make every once broken bone on my right side to just ache.  Wife is having IT fights with the office.  Don't know if the IT guy can figure it from the office.  I get my second shot next week.  So I am happy.  I get to see the grandkids at the end of the month.  They have not seen me or the wife for a year.

Should've: They say that hindsight is 20 20.  If Ucore had to do it over again, they should have made that 60/40 deal with IBC but have included the option to buy as part of the deal.  You want the deal you live with the option to buy.

Could've: Got MRT up and running first with the oil sands and then with coal at commerial scale.  

Would've:  Got MRT as the standard for REE separation.  But everybody got too greedy and as the old saying goes.  Part of nothing is still nothing.

Now, we all have read the court papers on IBC and Ucore court fight.  Maybe Ucore would have never got Steve to agree to any type of option to sell in the 40/60 deal.  But they did get him to agree to a option to sell twice, but as we know he had no intentions of honoring the option deal.

So going forward what can we expect?  Will the state of Alaska fund the SMC in Ketchikan?  There is a lot of political will to get this done.  From the governor to the federal senators to state congress to get this done.  You guys every hear about the bridge to nowhere up in Alaska?  The state is angling for federal money to make this happen.

So open question, what happen to the stock price if they announance that AIDEA is funding Ucore's SMC?  Will they announance the test results before the funding PR or after?  Which would make the most pop on the stock price?  Could it pop to as high as ten dollars a share?  If it is at ten what do you do?   Sell out, buy more or ride it out?
Salmon for dinner, so you all have a great weekend.
Dragon

[PipinoCuevas]

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[Rodtipup]

Dragon I venture they would have to announce test results first so AIDEA could use the results as a reason for the funding. Subsequent to that AIDEA will announce the funding and Ucore will be the first North American REE metals separation business. Following that Id have to say we are pretty much off to the races and SP will more than likely explode. As shareholders this is what we are all

[PipinoCuevas]

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[ausheds]

SO naive, separation is but one stage of a complex process, and only 20/25% of total cost base, it is a very, very long way from being a "business". In over a decade Ucore never looked likely, AIDEA is NOT a charity, they will still require a valid business plan in a formal document, BFS or similar, Ucore not remotely close.

[PipinoCuevas]

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[ausheds]

Obviously a spec but one that should have a fairly steady news flow, and the mkt's treating it as a newbie, fairly strong SP reaction to news, should be an ideal trader if you're patient enough to wait for the spikes. Couple of mates are doing really well with it so far. MDL looking to produce some solid financial metrics to substaniate a business to concentrate, at the same time develop

[Kruithof]

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