Ann: RARE EARTH PROJECT UPDATE , page-3

i am trying to dissect this but it is far too technical for me

re-reading the 21 December 2010, to the end (doh!), its seems the 2kg of 39% concentrate was made from a 20kg sample

this lifts my previous grade calculation from 0.28% to 5.6% from a 20kg sample (or 4.5% from a 25kg sample)

today's announcement states: "The average sample size is 25kg, all of which is dried, weighed, and processed to produce a concentrate of heavy minerals."

"Of 195 stream sediment sample concentrates so far assayed, three returned over 32% TREO, with a peak value of 38.4%2% TREO; 12 returned over 16% TREO; 25 returned
over 8% TREO, 45 returned over 4% TREO and 74 returned over 2% TREO."

this info is far too complex for me but IT SOUNDS LIKE these percentages are CONCENTRATES

do we agree?

so only the first assay announced on 21/12/10 plus three announced today from 195 have returned over a 30% concentrate

what do we think?