Speaking of Jacks follies Ucore, URAF, which (I always thought it was a joke) is still at 0.22. Here is ore that is about 1 % REE. The REE is locked in some of the hardest rock found. Can only be mined with tunnels. Jack said it was great because of the ratio between heavies and lights. Of course he never mentioned ratio of HREE as % of ore, just HREE % of REE. Lynas, GWM and MCP had just a little less HREE as a % of ore. They had plenty of the lights to cover the bills.
After not updating the data for a long time it appears TMR has taken the sight down.
http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/
Baotou Exchange mkt review, page-5
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$6.56 |
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