Ucore Rare Metals Inc. V.UCU

This Bullboard is funny

[MuttleyKnows]

As I read the comments, I have to find humour in it.  We have two extreme views on this company.  Dragon say CAD 75 and others like Pip say pretty much zero.  What I don't understand is why all the people who don't think UCU has good prospects still stay around bashing the stock.  Personally, I would have ditched my shares, booked my loss and be done with it.

My own personal view is that good things are coming for the REE / ESG sector especially based on the changes required for more domestic North American sourcing that will be definitely play out in the coming years.

I bought into this stock because if the tech is for real then this is stock is going to the moon in the given macro environment and what the OEMs need to do.  Personally, I think that a off take deal is close.  If the tech is the real deal then this is environment for striking a deal because companies like GM, Ford, Stellantis, etc. need to secure their supply chains now for their future production needs.

[Dragonsmyth7]

Dear Muttley, I am glad you find us so funny.  This has been going on for a good many years.  An to be fair Ucore has looked like it was going to the moon a few times.  First with mine tailing using MRT, then oil sands, and then coal.  The legal battle with IBC was heartbreaking when they just walked away and nobody knew why.  Then we bought RSX outright instead of

[MuttleyKnows]

I work for a bank.   Just to let you know I have a few other investments in this sector so I can understand how people are frustrated.  Let me tell you that people will shoot first and ask questions later.  Being patient can be really frustrating particularly with the overall market tanking. Hopefully, I timed this one correctly.  I do think that an offtake agreement is

[PipinoCuevas]

This post has been removed in accordance with Community Policy

[MuttleyKnows]

No argument with what you have said Pip.  However, I have bet on RSX being a better process and on something happening soon with an end user partner or partners.  To be honest, if RSX is superior then it will be more than one partner.  Large Fortune 500 companies are going to lining up around the block to pre-buy UCU's production volume.  One plant will become two plants

[PipinoCuevas]

This post has been removed in accordance with Community Policy

[MuttleyKnows]

We will see in 2023.  I think the timeframe will not be be measure in years but in months.  I have placed my bet so good luck to all of us longs.