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Re: InTheDeepWater post# 637

Saturday, 12/19/2015 4:01:54 PM

Saturday, December 19, 2015 4:01:54 PM

Post# of 2144
The only hope for Western rare earth companies (and I say that specifically to distinguish from miners) is to develop new technology which could efficiently replace chemical leaching as the primary method of rare earth separation.

Ucore is developing a new technology with their partner and Texas Rare Earths is also doing this. Both are promising, but highly speculative. I have positions in both, and not because I think the rare earth market will recover, but because of their development of these technologies. I hope they are profitable from licensing or otherwise being an REE separations facility instead taking on a huge debt burden to mine some deposit they own.