Since 2011 AusAmerican Mining Corp, now known as American Rare Earth, have been peddling the La Paz rare earth occurrence in Arizona with a hard rock record-low TREO of 0.037%.
And now they promote Halleck Creek in Wyoming with pitiful 0.32% TREO in hard rock, after having had to drill 300 m deep. This is depressingly beyond hopeless, similar to Niocorp’s Elk Creek (0.335% TREO).
Why any investor in his/her/it’s right mind would ever want to put up with anything like 0.XX% TREO in hard rock is not conceivable. But punters pump it anyway:
Arafura Rare Earths Ltd, page-782
-
- There are more pages in this discussion • 635 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ARU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $394.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 16.0¢ | $607.2K | 3.725M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 1730596 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 226915 | 8 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |