Great Western has the Heavy REE's http://www.gwmg.ca/html/projects/Steenkampskraal_Mine/index.cfm The following table presents the distribution of rare earth oxides within the project’s monazite mineralization based on historical data and recompiled by Rareco: Oxide % of Total Grade Tonnes contained in Resource Cerium 46.55 13,686 Lanthanum 21.63 6,360 Neodymium 16.66 4,898 Praeseodymium 5.00 1,470 Yttrium 5.00 1,470 Samarium 2.50 735 Gadolinium 1.55 455 Dysprosium 0.67 196 Erbium 0.08 24 Terbium 0.08 24 Europium 0.08 24 Thulium 0.07 20 Ytterbium 0.07 20 Holmium 0.05 0.05 Lutetium 0.01 3 Total 100.00 29,400
GWMGF.PK owns a magnet alloy producer in the U.K. When GWMGF.PK begins production in Canada and elsewhere, it plans to have a refinery near the mine site allowing greater integration and control over the supply chain. Great Western’s biggest advantage could be its potential for a vertically integrated operation. http://seekingalpha.com/article/244792-rare-earths-a-brief-summary-and-focus-elements?source=yahoo
Great Western raises Rareco stake to 70 pct Mon Jan 24, 2011 3:54pm EST * Has bought 33.5 mln out of 47.8 mln Rareco shares * Sees feasibility in Q4 2011, mine construction by 2012
Michael Smedley, Chief Portfolio Manager, Morgan Meighen & Associates calls GWMG a top pick Feb 1st http://watch.bnn.ca/#clip410832
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