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Ucore Rare Metals Inc. Message Board

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  • brettmb2003 brettmb2003 May 24, 2012 9:15 PM Flag

    Example of impact of NI 43-101 release

    Commerce's resources are 4,686,113 inferred tons vs. Uwhore's 27,518 inferred tons, yet the market caps are equal. Don't go thinking that a PFS will send Ucrap to the moon...

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    • CRC has only 700 ton of heavy (DY , TB , EU and Y) , which are more rare , critical and costly. Remaining elements are light , which will be in surplus supply once MCP and Lynas becomes online.

      Lets see home much HREE Ucore has.
      -Ucore has total 5.7 M tone rare deposite as per new cut-off grade.
      - Assuming 1% TREO gives 57000 Tones of TREO.
      - Ucore has around 40% HREE/TREE ratio which gives around = 22800 Tone of HREE (DY , EU , TB , Y).

      Which is almost 29 times of HREE as compared to CRC HREE deposit.

      On top of that CRC need 700M initial capital to develop project. I am sure this number will be around 200M for Ucore due to its excellent infrastructure.

      With these number any educated person should be able to guess Ucore PPS post PEA announcement.

      $2 is written on the wall.

    • If size mattered, dinosaurs would rule the world. They haven't got any transportation or power anywhere near that site do they?

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