3 Reasons To Buy Ucore Rare Metals Now, Not Later

Conclusion

There are comparable companies much, more advanced than Ucore, that have steady, recurring revenues, one is Franco-Nevada, (FNY) and another is Silver Wheaton (SLW). These two royalty / streaming companies trade at 14x-16x trailing 12 month revenues. By no means do I forecast or expect MRT to command that type of valuation, I mention this simply because investors love steady and recurring revenues. The quicker Ucore / IBC can move through the pilot plant stage and construction of their first commercial scale rare earths separation facility, (not a sure thing) the more self-funding of Bokan-Dotson and an increasing understanding of how to value MRT on its own. I submit that shareholders and prospective investors are getting a free option on MRT, an option with several years until expiry, a valuable option.

 

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Bob Kennedy 3 years ago Member's comment

I have come across those Ucore folks before, right Hackenzac/Derm! Ucore relies on Alaskan subsidies to survive. And like all those Cos that depend on taxpayers' funding, it only distorts the market. Ucore will soon follow Great Western on the way to Hades.