Comments on: The Bloomberg Rare Earth Mineral Resources Index

By: prescient11

prescient11 — Mon, 17 Jan 2011 01:32:28 +0000

Thanks Gareth.

By: fran

fran — Fri, 14 Jan 2011 19:57:53 +0000

JOSE–

the lack of liquidity in this junior mining area presents a problem of supplying “creation units” necessary to the ETF formation. search/learn ETF CREATION UNITS

By: Gareth Hatch

Gareth Hatch — Thu, 13 Jan 2011 22:47:45 +0000

By the way, the Bloomberg Index has now been updated and Hudson Resources has been added. We’ll have the updated weightings etc. shortly.

By: Gareth Hatch

Gareth Hatch — Thu, 13 Jan 2011 22:46:49 +0000

@Prescient11: Jack will be speaking at that event – we’ll see if we can get some info as requested.

By: prescient11

prescient11 — Thu, 13 Jan 2011 19:15:02 +0000

Gareth,

Since you are in contact with Dr. Chen every now and again, it is my understanding that he will be presenting, at a symposium hosted by Cambridge House, a paper/presentation entitled “China to Join Buy Side.”

Any chance on getting a look at that or receiving an abstract that could be posted on RMB or here? Many thanks.

By: chris

chris — Tue, 11 Jan 2011 21:50:24 +0000

Molycorp’s HREE counterpart: Alaska’s Bokan Mt. former operating mine, UCORE (Jack Lifton)
Company: UCORE
Vancouver Exchange: UCU.V
NYSE: UURAF.PK

Industrial College of the Armed Forces, http://www.ndu.edu/icaf/programs/academic/industry/reports/2010/pdf/icaf-is-report-strategic-mat-2010.pdf

State of Alaska House of Representatives: House Resolution #16 http://treo.typepad.com/raremetalblog/2010/04/news-state-of-alaska-announces-support-for-expedited-permitting-and-production-at-ucores-bokan-heavy.html

DOE_CriticalMaterialsStrategy
http://www.energy.gov/news/documents/criticalmaterialsstrategy.pdf

News:H.R. 6160, the Rare Earths and Critical Materials Revitalization Act of 2010 (“the Act”), by the U.S. House of Representatives: “While these Acts together promise to give U.S.-based rare earth producers a remarkable edge in the race to replace specialty metals now dominated by China, very few domestic projects have the qualifications of Bokan as a strategic military and technological asset,” said Jack Lifton, a leading REE expert and a party to the initial drafting of proposed RESTART legislation. “As the largest historically documented Heavy rare earth deposit in the U.S., Bokan is a counterpoint to Molycorp’s primarily Light rare earth deposit at Mountain Pass in California. Together, these two deposits, located in relative proximity to each other and on U.S. soil, have the potential of liberating the U.S. from non domestic rare earth dependencies in the near term.”

Ucore Investor Presentation Aug 2010.ppt
http://treo.typepad.com/UCU%20Inst%20Presentation%20%20Aug%202010.pdf

By: grimaci

grimaci — Tue, 11 Jan 2011 20:46:24 +0000

We should all recall the moly crisis of a score or more years ago.
The world went looking for it to capitalize on the shortage induced price, and a large number found some. does anyone recall what happened next?

Rare earths are not that rare at elevated prices. There was never a reason to spend the effort to develop new deposits to compete with existing production when they were not selling all available.

Now we have a “crisis” mostly caused by analyst hype and truth stretching.

Just a different version of the “weapons of mass destruction” scam.

REE investors should hone their when to sell skills well, especially when betting on exploration plays

By: jose

jose — Tue, 11 Jan 2011 13:27:31 +0000

Good article. The question now is ¿How long will it take before bloomberg allows anyone to create an ETP based on the index?

By: fred

fred — Tue, 11 Jan 2011 02:23:07 +0000

Put CIN.v on your radar. Soon will be moving to the top of the list. Tony Mariano, widely regarded as the leading expert geologist in the world of rare earth minerals has just agreed to come work for them. Drill results are pending and rumoured to be the makings of a world class deposit.

By: Tek

Tek — Mon, 10 Jan 2011 23:21:02 +0000

Re: GWG.
Remember, their primary focus is secure their own upstream, not necessarily to become a “major player” in the international REE mining and refining sector. So far it appears they are maintaining that original buiness plan and I for one am quite happy about that. Just because they won’t become one of the big boy miners doesn’t mean that they can’t see a continued and dramatic appreciation in SP and whole value. The value of a REE company is clearly going to be in its vertical integration, producing refined, value added products to a starving market. I’m looking now at companies who are wise enough to follow their lead and are demonstrating similar intentions.