DESCRIPTION: Rare Element Resources Ltd. is focused on exploration and development of rare earth elements (REEs) and gold on its 100%-owned Bear Lodge property. Gold exploration has been conducted there for decades with several companies significantly contributing to the database and understanding. Newmont's recent exploration efforts as Rare Element's venture partner were the most comprehensive and extensive of these programs. Bear Lodge encompasses one of the largest disseminated REE occurrences in North America (M H Staatz, 1983, USGS Professional Paper 1049D). In parallel with the gold-focused exploration JV, the company has completed an NI 43-101 resource estimate and a technical report on Bear Lodge REE mineralization; is continuing with drilling and a metallurgical testing program; and is working on a Scoping Study.
Listen to CFO Mark Brown CFO discuss the company's recent NYSE Amex listing with Al Korelin (8/21/10)
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
"For the heavy rare earths, America's needs can be meet and exceeded by Rare Element Resources."
The Gold Report Interview with Brien Lundin (09/08/10)
"We recommend three rare earth plays [including] Rare Element Resources. . .These stocks have all more than doubled from their mid-summer lows. Part of this is in reaction to China's dramatic increase in rare earth export quotas recently. China had previously cut those quotas back by as much as 70%. Prices for the underlying commodities have soared in reaction. It's also a result of progress at these individual companies. Rare Element [is] poised to deliver preliminary economic assessments on [its] deposits."
View Entire Article: Brien Lundin: Gold Revival
The Gold Report Interview with Tony Mariano (08/02/10)
"We know of a number of deposits in North America where we can acquire the light lanthanides. We can do well going from lanthanum into the mid-atomic number lanthanides. That would include deposits Rare Element's Bear Lodge carbonatite in Wyoming, and Wicheeda Lake in British Columbia. . .Based on work that I have done in Wicheeda Lake, that mineralogy is amenable to physical concentration and there should be no problems in chemical processing. Although we have sources in North America for LREEs in addition to those I just mentioned, to me they may have the best potential."
Phillip Arnheim, Asian Metals (07/20/10)
"For the short-term outlook, rare earth mining ventures outside of China saw an immediate boost in terms of investor interest following the announcement of the export cuts. On July 9th, the day the export quotas were released from China's Ministry of Commerce, major rare earth miners outside China saw substantial growth. The largest movers in that one day following the release were Avalon Rare Metals, which gained 17%, Lynas Corporation, which moved up 8%, and Rare Element Resources, which saw a 21% increase."
The Gold Report Interview with Mickey Fulp (07/16/10)
"I particularly like Rare Element Resources, with their Bear Lodge Light REE Project. Their new resource estimate is 50% larger than the previous one, and they are drilling now. They're also drilling on the adjacent Sundance Gold Project and will follow that with a resource estimate. I can speculate that eventually this will be a two-for-one; there will be a gold company spinout."
View Entire Article: Mickey Fulp: Summer Slump Good for Gold
Listen to CFO Mark Brown CFO discuss the company's recent NYSE Amex listing with Al Korelin (8/21/10)
PRINT THIS PAGE
EMAIL THIS PAGE
