Smart moves by nro and Jefferies2 to buy into EPM as I was right...

Smart moves by nro and Jefferies2 to buy into EPM as I was right about Chinese concerns with Greenland

Formation of joint venture with CNNC for processing of Kvanefjeld rare earth - uranium minerals raises concern that Greenlandic uranium may end up with Chinese military:One cannot rule out that Greenlandic uranium can be used for military purposes. Therefore, one should ask a number of questions before screwing any contract together [...], says Professor Jørgen Delman from the Department of Cross-Cultural Affairs, who is an expert in Chinese matters.(Sermitsiaq Feb. 1, 2019)

Joint venture formed for processing of Kvanefjeld rare earth - uranium minerals in China:On Jan. 23, 2019, Greenland Minerals Ltd (GML) announced that Shenghe Resources Holding Co Ltd (Shenghe) GML's largest shareholder has formed a joint venture company with subsidiaries of China National Nuclear Corporation (CNNC), to create China Nuclear Hua Sheng Mining Ltd (Hua Sheng), in which Shenghe will hold a 45% interest.Hua Sheng will be the designated agent for Shenghe for the import, export and trading of rare earth materials and products that carry radionuclides, common constituents of rare earth rich minerals and concentrates.
On August 21, 2018, GML entered a non-binding Memorandum of Understanding (MoU) with Shenghe that encompasses the offtake of total output of rare earth elements from Kvanefjeld in either chemical or mineral concentrate.