Anonymous ID: 977594 June 15, 2019, 11:03 a.m. No.6758005   🗄️.is 🔗kun   >>8164 >>8218 >>8272 >>8309

>>6757283 lb Prince of Whales Island, Alaska

>>6757331 lb Bokan Mountain Uranium mine

>>6757298 lb

What's a Canadian company doing with a mining contract on a valuable US rare earth site?

Sounds fishy to me.

 

https://finance.yahoo.com/quote/UCU.V

https://www.miningnewsnorth.com/story/2019/02/22/news-nuggets/ucore-purchase-of-ibc-erupts-in-legal-row/5622.html

Anonymous ID: 977594 June 15, 2019, 11:26 a.m. No.6758164   🗄️.is 🔗kun   >>8218

>>6758005

Looks like there's a dispute between Ucore (Canadian) & IBC (based in Utah). IBC claims there are significant questions over the feasibility of UCore's plans to develop Bokan.

Did the Fed Gov step in and say no go?

 

http://www.ibcmrt.com/about-us/

https://www.prnewswire.com/news-releases/ibc-terminates-agreement-with-ucore-and-seeks-relief-for-damages-300798548.html

https://www.prnewswire.com/news-releases/ibc-updates-and-corrects-the-record-on-utah-litigation-against-ucore-rare-metals-inc-300863106.html

Anonymous ID: 977594 June 15, 2019, 11:35 a.m. No.6758218   🗄️.is 🔗kun   >>8245

>>6758005

>>6758164

If IBC has technology for rare-earth processing (now only available in China) and there's only one active rare-earth mine in the US currently, both IBC and Bokan are very strategically valuable to keep in American hands, not Canadian.

 

https://www.cnbc.com/2019/05/30/if-we-cannot-challenge-china-no-one-can-warns-only-us-rare-earths-mine.html