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Old 11-12-2009, 03:02 AM
Sparty Sparty is offline
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Join Date: Mar 2009
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Default Just how big is GGG's REEs project

Greenland Energy and Minerals has already proved up a JORC of 4.7M tons of Rare Earth Elements and over 280m pounds of uranium.

But according to their annual report there is a lot more to come.

I think the image below says it all.
(Not really you should read the annual report or at least the investor's presentation)



Pleasingly to those of us that are invested in GGG they have quite a large % of Heavy REE's.... these are the ones that China is most likely to stop exporting... consequently the Heavy REEs will see prices soar.



 

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