I am not sure about REE these days.
I do like Mark Smith a lot (Molycorp's former CEO) who put Molycorp back into production. North America's only Rare Earth producer.
Mark is now working with NioCorp (NIOBF-OTC, NB-TSX.v), developing their highest grade and large tonnage Niobium project in North America. The deposit is in Elk Creek, Nebraska...
Molycorp (which was owned by Chevron at the time) was developing a Niobium mine in Elk Creek in the 80's. Niobium prices are now 5 times higher and demand is 4 times higher.
www.niocorp.com is their website.
This could be Mark Smith's next big winner after Talison Lithium just got taken over, where he sat on the board.
FYI Mark Smith also sat on the Brazil company CBMM that produces 90% of the $4 billion dollars of Niobium a year, which created Brazil's richest family.
