Blue Horseshoe Stocks: UURAF Update & More

Ucore Rare Metals, Inc. UURAF – Update

We wanted to return to UURAF today, a company we covered last month, which is in the process of designing and building a rare earth material extraction facility near Ketchikan, Alaska which it believes could help the US end its dependency on China for rare earths.

UURAF’s Bokan – Dotson Ridge rare earth property is considered as having some of the richest deposits of rare earth materials in North America, and is so promising that the Alaskan government pledged a $145M funding package to assist in development of the property, including $30M for the new processing facility.

A few weeks ago, the company announced it would be executing a private placement to help cover general expenses as it continues to develop the Bokan property, and just yesterday, we saw that the company has completed the first portion of that deal, quickly making good on its earlier statement:

HALIFAX, Nova Scotia, June 11, 2018 (GLOBE NEWSWIRE) — Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) is pleased to announce that further to its news release dated May 23, 2018, the Company has successfully closed the first tranche of its non-brokered private placement by issuing 6,344,074 units at a subscription price of $0.18 per Unit for gross proceeds of approximately $1,142,000. (>>View Full PR)


We have also prepared a video presentation of the current UURAF chart.

We are going to be reviving our YouTube channel so after you’re finished viewing the following chart, be sure that you get subscribed with alerts activated, for more great content coming soon!

Tesla, Inc. TSLA – Options Idea

TSLA stock is getting a jolt after KeyBanc analysts predicted as much as a 50% rise in Tesla Model 3 deliveries, and as is the case whenever something causes a stir on the chart, we are going to be looking to take advantage of the situation using some weekly options ideas.

For TSLA, which just recently cracked through its 200DMA, we are going to be looking to the TSLA Weekly 337.50-347.50 Calls for potential quick-strike trades.

Extended Watchlist:

Blue Horseshoe Stocks: BLNK, Bottom-Play & More

Blink Charging Co. BLNK

We signaled our interest in BLNK in yesterday morning’s premarket report via the Extended Watchlist, and we’re happy to report on what was a very productive first day of observation.

From a low of 4.34, BLNK made a highly respectable intraday run to 6.34, marking an intraday push of 46% Prior to Monday’s session, wherein the stock picked up in a big way, it had been trading sideways for quite some time. We will be interested in monitoring this play for the possibility of a more sustained uptrend in the days ahead.

Gogo. Inc. GOGO

We want to also bring some attention to the massive selloff which has occurred over the past three trading days. After trading for nearly $10/share, a disappointing earnings release and subsequent Moody’s downgrade has precipitated close to a 50% drop, leaving GOGO trading at just above $5.

We’re going to want to put this one on intensive bottom-watch, as we prepare for possible course correction leading to a bounce play opportunity.

Fresh Options Idea:
Trip Advisor, Inc. TRIP Weekly $45.50 & $46 Calls

Extended Watchlist:

Blue Horseshoe Stocks: HEAR Recap, Bottom Play & More

Turtle Beach Corp. HEAR

We do our best to keep up with all of the stocks we mention in our daily premarket reports, and this morning, we want to swing back to HEAR, which we were signaling for observation back on April 9-10th. Shortly thereafter, the stock traded for as little as 2.76, before beginning a steady month-long bull run.

Yesterday, HEAR attained a new high of 7.48, marking an excellent move up of 171% inside of the past month! Cheers go out to anyone who might’ve been able to take advantage of this very fine call.

Vista Outdoor, Inc. VSTO

We ran across VTO on our routine morning scan today, and want to include it as a high-potential bottom watch play. Whenever we see a stock this beaten back, and so egregiously oversold, we immediately go into rebound watch mode.

To help us take advantage of a possible recovery, which is overdue at this point, we’re going to want to signal an options idea to keep watch over in the days and/or weeks ahead- the VSTO 08/17 $15 Calls.

Extended Watchlist:

Blue Horseshoe Stocks: UURAF Special Report

Ucore Rare Metals, Inc. (OTCMKTS:UURAF) (TSX-V:UCU) (FSE:U9U)

We are very excited to bring you a special report this morning on UURAF, a well-funded Canadian company focused on Rare Earth Elements (“REE’s”, or simply, “rare earths”). One of the primary reasons we are so interested in this company stems from the Trump Administration’s recent tough talk on China, vis a vis what some are calling an impending Trade War. While that could have multitudinous repercussions, one of those is a heightened sense of purpose for REE miners like UURAF.

The US is currently dependent upon China for rare earths for, among other things, integral military applications and other high technology, which require an abundance of REE’s. That brings us to UURAF‘s primary project, the 100% owned, Bokan – Dotson Ridge REE property in Alaska, located 60 km southwest of Ketchikan. Though the company holds multiple assets across North America, Bokan – Dotson is the one with the largest potential.

In the Bokan property, UURAF believes it may hold the key to America’s Rare Earth Independence from China, a proposition whose importance cannot be overstated. Bokan Mountain currently boasts the highest-grade deposits of heavy REE’s on US soil.

The promise is so high, in fact, that the Alaskan government pledged a $145M funding package to UURAF to develop the property, including $30M for a brand new REE facility in Ketchican. The company has fast tracked development, with a 2-year plan to reach a capacity of 1000 TPY(tonnes per year) of REE Concentrate, effectively becoming the only facility in the US producing vital elements such as Dysprosium, Terbium and Europium.

The company has successfully utilized Molecular Recognition Technology (MRT) to produce a separation of heavy rare earth concentrates (99+% REE’s) from a PLS (“pregnant leach solution”). MRT is a remarkable improvement over the costlier, slower and environmentally unfriendly methods traditionally used in REE concentration and separation. Ucore is also the very first company to bring MRT into the rare earth space.

In addition to the new facility in Alaska, UURAF also recently announced the acquisition of an REE facility here in the lower 48, by way of its most recent press releases: 

HALIFAX, Nova Scotia, April 09, 2018 (GLOBE NEWSWIRE) — Ucore Rare Metals, Inc. (TSXV:UCU) (OTCQX:UURAF) is pleased to announce that its pending joint venture (“JV” or “Joint Venture”) partner, Kentucky River Properties LLC of Hazard, Kentucky, (“KRP”), has purchased an industrial facility in Eastern Kentucky for the purposes of accessing and processing rare earth elements (“REE”) and strategic metals from the Appalachian Coal Basin (“ACB”) (>>View Full PR)

HALIFAX, Nova Scotia, May 07, 2018 (GLOBE NEWSWIRE) — Ucore Rare Metals Inc. (TSXV:UCU) (OTCQX:UURAF) is pleased to announce it has engaged IBC Advanced Technologies, Inc. (IBC) of American Fork, Utah, to commence advanced engineering and design procedures for the U.S. Specialty Metals Complex (SMC) to be constructed in Ketchikan, Alaska (>>View Full PR)


In addition to the exciting happening at the company which we briefly highlighted above, we also want to draw attention to the current setup of the UURAF chart. The RSI and the MACD, two indicators we commonly rely upon when assessing stocks from a technical standpoint, are presently signaling a potentially bullish scenario.

Since coming off of its lows earlier this year, the stock has maintained higher levels of support. With the 50DMA rising toward the 200DMA, a Golden Cross appears imminent.

For More Information on UURAF, visit: