positive signs of things to come , page-29

This lot are in Wyoming http://www.rareelementresources.com/s/BearLodge.asp heres how they summarise this particualr project"Rare Element Resources was specifically created to develop the Bear
Lodge rare-earth-element and gold deposits in northeast Wyoming. The US Geological Survey has studied the area extensively (USGS Prof. Paper #1049-D) and has estimated that it contains one of the largest deposit of disseminated rare-earth elements in North America. The deposit, virtually all of which is located on claims owned by Rare Element Resources, also has an association with significant nearby gold occurrences and some copper mineralization. Rare Element Resources is currently exploring for Rare Earths and Gold and results have been very good to date."

I cant imagine that PEN have any rare earths as I think the geology would be wrong and also think that we would have heard a lot about it if they have,but we can dream.On the though of being a takeover target,lets hope not for