markets seem to be acting as if the world has a future,

UCORE URANIUM

The markets seem to be acting as if the world has a fu-
ture, particularly in the commodities sector and some of the
mining stories that looked like they were dead as a doornail
a while ago, are coming back to life.
Today Ucore Uranium has a huge spurt, mainly because of
moves made by the Chinese government. In an announce-
ment today Ucore Uranium commented on yesterday’s an-
nouncement by the Chinese Ministry of Information Technol-
ogy as the Chinese intend to tighten the production of rare
earth over the next six years.

Beijing is also expected to
restrict the export of its rare earth over this period with the
annual export quota to be below 35,000 tons per year.
This involves commodities I am sure you’ve never heard
of such as dysprosium, terbium, thulium, lutetium and yt-
trium. Got that? Yes, I’m sure you’ve never heard those
names before, but all of a sudden you are hearing names
like lithium everywhere, so get used to this name.
Ucore, according to their announcement is one of only
two companies in North America

with a perspective deposit
that hosts a comprehensive suite of HREE. Further, they
point out in the announcement, that it’s the only such com-
pany located within the United States.
Another near-dead mining story, regains life. One could
take a look at some reports about this Vulcan deposit and be
impressed...as a non-compliant report suggested an esti-
mated 374 million pounds of rare earth oxides at Bokan.
More than a few shares out on UCU due to recent private
placements.