Just yesterday the Honorable Senator from Alaska had a comment about the strategic value of REE's. Do you think she was talking about a Canadian REE deposit? She was yakking it up about China's seeming lock on this market and what the US government could do to help this small but vastly important and under-developed REE market. But the most interesting thing of all was that this was posted on Ucore Uranium's website and that's interesting because they own the Bokan Mountain REE Project on the Prince of Wales Island near Ketchikan Alaska, which is among the largest Heavy REE deposits in North America. It's on the same property as the Ross Adams uranium project, which is Alaska's high grade, ONLY past producing uranium mine as well. Multi-commodities located on the same property. They're currently waiting for assay results from their latest drill/exploration program. But if you're looking for an investable (unlike Molycorp's Mountain Pass Project, which is a private company) American REE project, that list is mighty short. Besides Ucore, RES has the Bear Lodge Project in Wyoming but I can't think of another REE project on American soil that's has as much PRIOR US government study and importance as Bokan Mountain. Check em out for yourselves.
Rare Earth Metals: Why All the Fuss? [View article]
In this case, I think it would be advantageous to invest in an American rare Earth element company such as Ucore Uranium. Besides having one of the largest heavy REE deposits in North America, located on Prince Edward Island near Ketchikan Alaska, their flagship Bokan Mountain project also contains the past producing high grade Ross Adams uranium mine, Alaska's only uranium mine with over 11 million lbs of U-308. Their September 3rd news release says that a past USBM strategic study done in the 1990's on both the property and the deposit, was done well enough to be converted over to NI43-101 standards, saving the company millions of dollars and maybe years off getting this deposit into production. The study also contains the formulas for separating the metals found in THIS deposit in particular, something very few other companies specializing in REE's currently have for their deposits. This deposit may be so important to the US Government (along with the Mountain Pass project in California owned by MolyCorp), they may provide some kind of development assistance and other such special treatment, to help bring them into production and to make sure they have a ready source for their Star Wars and other high tech weapons systems (and many other high tech and even green applications too) that couldn't exist without a ready supply of REE's. Not only do they have this outstanding REE project, they have several high quality uranium properties located all through Canada in their development pipeline that are worthy of mention also. Anyway, check em out for yourself. This truly would be an "investment in America" for whatever that's worth....
3 Mining Stocks to Hedge China's Rare Earth Policies [View article]
www.ucoreuranium.com/
Rare Earth Metals: Why All the Fuss? [View article]
www.ucoreuranium.com/b...