Ucore Rare Metals Inc. V.UCU

Aliens have landed, Food for thought.

[Dragonsmyth7]

Good afternoon all,
I have had the displeasure to change TV services.  Wife wanted all the local channels back.  Anyway It is quite apparent that the Feringy from Star Trek has taken over the customer service department of the service that I was trying to cancel.  I think that is one of the Feringy rules, "Once you have there money, never give it back."

Food for thought, the Vital metal deal makes perfect sense from the Chinese point of view.  Put yourself in the mind of a Chinese business man running a ree company in China.  The people running the REE companies in China would know if a shut down of REE exports was coming and would be making deals to take advantage of the shut down.  What happens if China shut down REE exports?  Panic buying like last time in 2010.  Prices through the roof in short order.  Any company that is producing REEs or separating ore.  There stock is through the roof also.
WE don't know if China is going to do a shut down but China's REE companies are doing deals to take advantage if it comes.

Yes, Pip this is outside of the balance sheet you look at.  But it gives one food for thought.
Dragon

[PipinoCuevas]

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[Dragonsmyth7]

Dear Pip,  I agree will you on Ucore needing cash.  But that is not the question we need answers to at this time.  Does Ucore have enough cash at this time to get the Demo plant to the point it can start testing the mixed concertrate sample the DOD shipped in.  Because then Ucore can draw on that 4 million from DOD while testing that sample.  Plus the 4 million 

[PipinoCuevas]

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[PipinoCuevas]

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[Dragonsmyth7]

No pip, Not original Star Trek, but Deep Space Nine.