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mariner78

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mariner78

Re: None

Tuesday, 09/08/2009 5:24:18 PM

Tuesday, September 08, 2009 5:24:18 PM

Post# of 165855
Link to CNBC REE segment....

http://www.cnbc.com/id/15840232?video=1246078679&play=1

CEOs of Molycorp and Avalon were on.

At 2:50 the Molycorp guy starts to make some comments about financing their projects - basically, he doesn't think it will be a problem to arrange financing for a project of the scope they are considering.

Additional focus seems to be on availability of REEs and if we would be trading one type of dependence (oil) for another (alternative energy generation and the REEs we need to make this stuff work).

M78
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