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Just how big is GGG's REEs project

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11-12-2009, 03:02 AM

Sparty

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Join Date: Mar 2009

Posts: 1,805

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.

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

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ggg, ggg ree, ggg uranium, jorc ggg

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