PEK 0.00% 21.0¢ peak rare earths limited

the gold report

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    Peak gets a mention:

    TMR: What are some other companies that have a shot at being in the top six?

    PW: Ucore Rare Metals Inc. (UCU:TSX.V; UURAF:OTCQX), Great Western Minerals Group Ltd. (GWG:TSX.V; GWMGF:OTCQX) and Geomega Resources Inc. (GMA:TSX.V; GOMRF:USX), even though it's more of an LREE project. I like the management teams that are resizing their projects. They're looking to bootstrap their mines?to start off smaller and get to cash flow quicker. Companies like Greenland Minerals & Energy Ltd. (GGG:ASX) in Greenland and Arafura Resources Ltd. (ARU:ASX) in Australia have looked at the market environment and realized that the billion-dollar project isn't feasible, so they're looking at smaller projects that can fund future growth. Peak Resources Ltd. (PEK:ASX; PKRLY:OTCQX), in Australia, has low capex


    From: http://www.theaureport.com/pub/na/electric-transportation-could-jump-start-rare-earth-markets-patrick-wong

    Miner
 
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