Ann: More Thick Niobium Intercepts from Gifford Creek Carbonatite, page-57

REE leaders/indicators looking like REE is/has bounced:

NdPr Price:
Currently priced at: US$61,644/t
Price earlier this year: in the US$40,000's (currently up ~50% from those lows)

VanEck REE ETF:
Currently priced at: $50.74
Price about four weeks ago: $36.00 (currently up ~40% from those recent lows)

LYC.ax Share Price:
Currently priced at: $7.67
Price about three weeks ago: $6.67 (currently up ~15% from those recent lows)
Price about eight weeks ago: $5.83 (currently up ~30% from those recent lows)

Mountain Pass Share Price:
Currently priced at: $17.85
Price about two weeks ago: $13.56 (currently up ~30% from those recent lows)
Price about eight weeks ago: $10.00 (currently up ~80% from those recent lows)

Looking good/reversal is well under way for the REE leaders/indicators - hopefully keeps going and trickles down.


Niobium though, currently priced about 50% higher than NdPr (US$91,190/t), so any Niobium finds/sniffs of anything with scale and grade would be very welcome, and a lot more profitable and easier to mine than REEs, but good to see REEs getting some traction too, and trending upwards.

Most of the world's production of Niobium is currently mined in Brazil (90%+, and a bit in Canada), at grades from 0.4% to 2.5%.


Follow-up Niobium results due any day - yes, I'm itching a bit for them.


And there's some gold results/other news due too.


Cheers,

GB.