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Re: farml1234 post# 468

Friday, 12/20/2019 5:18:28 PM

Friday, December 20, 2019 5:18:28 PM

Post# of 1330
Good points I think. UCORE is certainly worth paying attention. They are a Canadian company so I’m not sure how that plays into federal funding. I’m still not 100% clear on wether USA Rare Earth and TRMC are partners, separate entities or something in between. There is an estimated $8 billion in rare earth minerals in Round Top as I understand. There is a good chance there is significantly more rare earth elements in the Sierra Blanca area of Texas. Even at a 20% or $1.6 billion claim valuation on Round Top TRMC has room to grow significantly. It also depends on how the contract was drawn up between the two companies.
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