the gold report, page-2

Good Find Miner1 , things could be looking up with our low Capex & Rare Earth mix ,this is last paragraph from the same article....


"TMR: What end products are most in demand?

PW: Out of the LREEs, neodymium and praseodymium are most in demand for their use in magnets. For the HREEs, dysprosium is definitely the most in demand. The markets for europium, terbium and yttrium can quickly turn around and be very strong.

TMR: Some investors in the REE space have been suffering for a while. Do you have any words of comfort?

PW: Continue to look for low-capex projects. They are less risky and have a better chance of making it to market. Look for a pragmatic management team that understands the market it's in and can change its business strategy to suit it. The refinery space is another way to invest in the future of rare earth elements. I have found that institutional investors are interested in the space for all the reasons mentioned above. In 10 years from now, you will look back and see this was the transition point from a world dependent on petrol-based transportation to one using much cleaner, more efficient electrical or hybrid cars."