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Re: farml1234 post# 443

Friday, 12/20/2019 11:15:16 AM

Friday, December 20, 2019 11:15:16 AM

Post# of 1330
TMRC and UURAF are the two companies in the running for 2/3 of the expenses paid by the federal government to build a rare earth minerals refinery. Lynas Corp an Australia based rare earth minerals refining company plans to partner with TMRC to build a permanent refinery in West Texas. UURAF has a working mine and is also working on refining capacity. As of right now no one refines our rare earth raw material. It’s all shipped to China and then we buy it back from them ??. Anyway whoever wins the government contact will get a significant shot of cash and a refinery to boot. Huge deal with huge implications for the company that wins. Right now I don’t hold a position with UURAF but maybe I should ??. UURAF trades at .14 cents right now. At any rate Both companies are most likely safe long term bets if you get in now. Just matter of national defense alone will support this domestic mining industry. Add the smart phone industry, wind and solar industry and all smart technology and the value of rare earth minerals will only skyrocket.
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