Ucore Rare Metals Inc. V.UCU

anyone know the price of Uranium per Lb

[farml1234]

we have that number then we have a close idea what our claim is worth .


jmho

[PipinoCuevas]

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[asdomke]

Billions according to the government 

[PipinoCuevas]

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[Dragonsmyth7]

Dear Pip,  A check not big, maybe.  You sell the rights to mine the ore and get so much per ton when they are mining the ore.  You do not sell the deposit, but rent or lease it.  A little bit like sharecropping. Dragon 

[PipinoCuevas]

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[Dragonsmyth7]

Dear Pip,  The only short term way to money that I see would be to sell a option to mine the Uranium.  That they could do in the next two months.  Nobody is looking to mine that ore until the price is higher but they might buy an option on the mining rights.  That could be worth up to one to three million.  Good for the short term.  As for the shoulder, still hurts

[asdomke]

Sorry to hear all that Dragon. Glad you are getting better!

[PipinoCuevas]

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[Rodtipup]

Pip keep testing if your sick. I was also sick and testing negative, then, boom tested positive. Was very sick for 3 days and full recovery. Agree with you statement re SMC/AIDEA/Inflation....something has to break soon or yes the entire company could be a pipe dream. Ucore needs capital in the worst way.

[HeresJony]

i don't know Ucores asset but Uranium is about $50 pound. Mining and valuation of depostis  vary. But speaking  of proven and probably resource is different from just having a indicated deposit. You would have to check all history and technical reports and drilling etc. For comparison worlds best or richest deposit is in Saskachewan Canada at McArthur River. You might get good idea