Saturday, October 18, 2014 6:15:59 PM
They could just pull up stakes and start anew. I mentioned a nice little one in mine-friendly Wyoming. Here's another one in more or less mining-friendly Australia - At least the Australian government wouldn't try to rip them off.
http://victorymines.com/
The Jungle Well Rare Earth Project is located 80km west of Leonora and was recognised for its REE potential however no analysis was carried out during a late 1990’s diamond exploration program. During 2007 a trench sampling programme identified significant RE values from an exposed dyke of 6.9% and 8% REE.
That's like bonanza grades. It's a typical exploration level jr. with like a billion shares @ 0.01 a share. It's just one of their projects. I bet they might let it go for a few million. Stans would still have plenty left over for studies, development, construction and equipment.
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