Adding to the Japanese interest, here's the latest from the NYT
http://www.nytimes.com/2011/02/19/business/global/19rare.html?_r=1&ref=global-home
CUX started out with a prime focus on Uranium, however I suspect there will be a Sea Change shown in the next round of media releases from the company.
So far they have spoken of near surface REE deposits which should be very easy to mine, however, what they will be working on right now is a better definition of the extent of those deposits. If as they suspect they are extensive, then hang on for the ride
Their preliminary work on this looks pretty good to me, so I'm happy to hang around until the company gets more specific
japan asks australia for rare earth supply, page-5
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