>>> Ucore hebt ab <<< (Seite 263)

[Mikrokosmos]

Antwort auf Beitrag Nr.: 40.530.875 von MONSIEURCB am 16.11.10 15:48:07

das sind really GREAT News...jeder kennt TCM.
Der wird sich ncht den Ruf versauen wollen. Eine tolle Auszeichnung und ein starker Vertrauensbeweis in Ucores Projekt! Bin gespannt, was die bezahlten Shorter die nächsten Tage in kanada machen...

Ucore Retains Collison for Mine Design

HALIFAX, NOVA SCOTIA, Nov 16, 2010 (MARKETWIRE via COMTEX News Network) --

Ucore Rare Metals Inc. (TSX VENTURE: UCU) ("Ucore" or the "Company") is pleased to announce that it has retained Ken Collison of Collison Minecon Inc. ("Minecon") for the purpose of initial mine scoping, engineering and design work on a prospective Heavy Rare Earth mine and processing facility at the Company's Bokan - Dotson Ridge project in South East Alaska.

Mr. Collison is President of Collison Minecon Inc., and holds a B.Sc. in Mining Engineering from the University of Saskatchewan and a Masters of Engineering in Mining from the University of Saskatchewan. He was the Chief Operating Officer of Blue Pearl Mining/Thompson Creek Metals from 2005 to 2009, and was part of the team that purchased Thompson Creek Metals and built it into one of North America's premier molybdenum producers. He has previously held the positions of Vice President at Crandon Mining Corporation and Coeur Alaska, the Alaskan subsidiary of Coeur d'Alene Mines. He has extensive experience in mining operations, permitting and preparation of mining feasibility studies.

"Ucore is honoured to be associated with such an accomplished mine engineer as Ken Collison," said Jim McKenzie, President and CEO of Ucore. "He has a track record of successfully bringing prospective mines from initial scoping into profitable production, both efficiently and on a minimal allocation of time, financial and human resources. We believe that the fact that Mr. Collison has elected to be associated with the project speaks volumes as to the prospectiveness of near term mining operations at Bokan."

"The Bokan rare earth deposit is characterized by narrow vein hosted mineralization which can be readily extracted using classic narrow vein mining techniques," said Ken Collison, President of Minecon. "The vein stock works at Bokan are like the branches of an immense tree, with mineable widths and substantial HREE mineralization across the entire system. The mineralization in the Dotson Zone is highly consistent and continuous along strike. Further, the mineralization is visually demarcated from the surrounding country rock, with the opportunity to systematically remove the ore while leaving much of the waste rock in place. The methodology is well proven, and will have a small footprint relative to larger or open pit operations. The potential effect is a highly efficient prospective mining and milling operation, with minimal environmental impact, and a much faster track to design and permitting."

The Bokan rare earth deposit has an anomalously high content of dysprosium relative to other metals in the lanthanide suite and by comparison to other rare earth deposits. At the 6th International Rare Earth Conference in Hong Kong last week, industry expert Dudley Kingsnorth of IMCOA commented on dysprosium as being one of few rare earth metals to exhibit a pronounced supply shortfall in the near and intermediate term, with very few alternative sources of supply globally. Dysprosium is one of the most valuable, scarce and sought after metals outside of the precious metals group, and is in substantial demand for hybrid electric vehicles, nuclear power, lasers, and data storage applications. Bokan drill results have similarly exhibited anomalously high content of other highly valuable heavy rare earths including terbium, which is utilized in fuel cells and solid state devices.

Background

Ucore Rare Metals Inc. is a well-funded junior exploration company focused on establishing REE, uranium and other rare metal resources through exploration and property acquisition. With multiple projects across North America, Ucore's primary focus is the 100% owned Bokan - Dotson Ridge REE property in Alaska.

The Bokan - Dotson Ridge project is located 60 km southwest of Ketchikan, Alaska and 140 km northwest of Prince Rupert, British Columbia. The project area is served by barge and float plane from Ketchikan, with a pre-existing road network providing access to the main target areas. REE mineralization at the Bokan-Dotson Ridge project is structurally controlled in multiple dikes radial to a Mesozoic peralkaline intrusive complex.

In 1989, a U.S. Bureau of Mines study (Barker & Warner, USBM OFR 33-89) estimated that the greater Bokan area contains 37.8 million tons grading 0.50% TREO. This historical non NI 43-101 compliant estimate equates to 374 million lbs of contained TREO and ranks as one of the most prospective and accessible heavy rare earth prospects in North America.

[MONSIEURCB]

http://finance.yahoo.com/news/Ucore-Retains-Collison-for-ccn…

[Mikrokosmos]

Somit hat Ucore jetzt genug Geld um weiter zu explorieren und die NI-Study fertig zu stellen...

[Mikrokosmos]

Antwort auf Beitrag Nr.: 40.483.851 von Colophonius am 09.11.10 15:11:46

Vielen Dank für diese wertvolle Info...
Jetzt wissen wir, warum der kurs runter auf 0,4x gegangen ist...

[Colophonius]

Ucore Rare arranges $10-million private placement

2010-11-09 09:06 ET - News Release

UCORE RARE METALS ANNOUNCES $10 MILLION PRIVATE PLACEMENT

November 9, 2010 - Ucore Rare Metals Inc. (TSX-V: UCU), ("Ucore" or the "Company") is pleased to announce that it has arranged a brokered private placement of units for gross proceeds of up to $10,000,000 at $0.40 per unit. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant gives the holder the right to purchase one common share at an exercise price of $0.55 for a period of 24 months. The Offering will be led by Byron Securities Ltd. (the "Agent").

The net proceeds of the financing will be used to advance exploration on the Company's properties, focusing on the Company's Bokan Mountain property, and for general working capital.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aUCU-17771…
Gruß C.

[Mikrokosmos]

Antwort auf Beitrag Nr.: 40.470.439 von MONSIEURCB am 07.11.10 14:07:34

McKenzie sagte mir, dass er Ucore auch in Zukunft eigenständig sehen wolle.
Eine Zusammenarbeit mit Boeng z.B....

[Langstrumpf2]

Antwort auf Beitrag Nr.: 40.470.439 von MONSIEURCB am 07.11.10 14:07:34

Nun, ob es gleich ein buyout sein muss ? Maybe. Ich könnte mir auch eine strategische Zusammenarbeit, Beteiligung vorstellen. Und da würden sich in der Tat Molycorp mit Ucore ideal ergänzen. Siehe Lynas mit Northern Uranium. Great Western kommt da eher nicht in Frage, da die Ihre eigenen HRRES haben.

[MONSIEURCB]

Lesen lohnt sich - vor allem die zweite Hälfte:

http://seekingalpha.com/article/234090-the-post-china-price-…


Zitat z.B.:

A US-blessed buyout of Ucore by Molycorp is not out of the question....

[Langstrumpf2]

Ich möchte hier mal eine Frage reinstellen, die mich etwas beschäftigt. Ucore hat eine ertragreiche Mine. OK, aber wie wird das Erz, das aus der Erde gebuddelt wird, weiter verarbeitet. Ich meine die Seperationsanlagen. Es ist das eine, Erz zu haben oder eben die eigentliche HREES, wie z.B. Terbium oder Dysprosium. Nämlich nur die machen eine Mine ertragreich. Weiß zu diesem Thema jemand im Forum etwas zu sagen ?

[Mikrokosmos]

Antwort auf Beitrag Nr.: 40.439.615 von Mikrokosmos am 02.11.10 19:51:49

http://www.mineweb.com/mineweb/view/mineweb/en/page96985?oid…

GEOFF CANDY: In terms of the companies themselves, what should you be looking for if you're looking to go into the sector.

JACK LIFTON: Today you should be looking for the company that has the least start up costs to ore concentration - the least - and you should be looking for companies the ore bodies of which have significant commercial quantities of the so-called heavy rare earths. Rather than give you a chemistry lesson I will name them for you. If a mine today - a small mine does not have the metal dysprosium - then you should not invest in it because it will never be able to compete ever with the Chinese, Lynas or Molycorp. Dysprosium is the key heavy rare earth, which is critical for manufacturing rare earth permanent magnets that can operate at high temperatures, such as under the hood of a car or in aircraft or in a spacecraft. This is the real problem in the world - lets say of the estimated 120,000 tonnes of rare earths produced last year, 1% was dysprosium and 100% of that was produced in China. The Chinese, however, are saying they think they're running out of that critical material and they're looking for new sources. So far they tell us they haven't found any new resources in China - you can identify in the world several deposits in Canada, one in Alaska and a couple in South Africa and one or two in Australia that have significant commercially recoverable amounts of this metal dysprosium. But like all rare earth mines, they have all the rare earths and no matter which rare earth mine it is, the principle product will be lanthanum, cerium and neodymium - the light rare earths. Some of them have insignificant heavy rare earths - unfortunately this seems to include Molycorp and Lynas. So each one of them needs to have additional access to deposits so they can add these heavy rare earths - dysprosium is the most important, but there is another one where dysprosium is 1% of all the rare earths produced in the world, terbium which is critical for modern non-incandescent lighting is produced at one-fifth of 1% of the total of rare earths, today and only ever produced in China. So what the industrial end users are looking for in fact is dysprosium and terbium to marry with their neodymium so they can produce magnets and lighting, which is the principle uses for rare earths. This is the big problem and you really have to study the published information of all of these ventures to see if anybody has 1) got dysprosium and terbium in any significant quantity, and 2) whether that venture is small enough to be developed, because there is no way possible, in my opinion, that Molycorp and Lynas - each of which may ultimately need $1billion to come to market and now we have let's say there's a potential in Canada for the worlds largest heavy rare earth producer - that would be Avalon Rare Metals - the problem is Avalon needs more than a billion and they say this themselves, to develop their resource. You have other Canadian companies that have significant heavy rare earths - the one that's farthest along towards the Gulf in the Great Western Minerals Group of Saskatchewan - it's most likely mine to produce rare earths which would have significant heavy rare earths, is in South Africa - a previously operated mine that belonged to Anglo American and went out of production in 1962 for lack of financial interests in those days, it was revived in the late 1990s and went out of business again when the Chinese dropped the price to the point where they went away. I handicap all the stuff and I say that the Great Western deposit in South Africa will probably be the first heavy rare earth producer in the world outside of China within about 24 months. It's a relatively small deposit and although it can supply Great Western internally, which is vertically integrated to making magnet elements, it cannot supply the world with sufficient dysprosium. For that you're going to need Avalon or you're going to need the Canadian company with the American deposit called Ucore Rare Metals, or you're going to need Quest Rare Metals in Canada or Northern Uranium which has nice heavy rare earth deposit in Australia - there are just a few of these companies that I am following. I'm not following the large ones - Molycorp now has a market cap of several billion dollars. I'm going to leave you with one thought - tell me why the market has poured billions of dollars of newly created market capitalisation into rare earth - the last 30 days will not put money into the actual development of any rare earth companies, or bringing them into production. This is share trading - this sis the bubble. What we now need is long-term strategic investment in rare earths and I don't see how all this market trading makes any difference at all.