KAT Exploration Inc (KATX)

[geo_newfie]

You realize that those quotes are for the US. While many thing that Canada is the 51st State we do have our own laws, etc.

Nevertheless, you are correct that NL is mining friendly, but it is the US that is desperate to get a strategic reserve of REEs, particularly HREEs (which is why I have another REE spec play that is on US soil). And note that I said average... but it will still be many years before anything is produced, if at all, from RR, be it REEs or something else. And if the remaining assay results are not better then what was released last week, then REEs will not be the focus of any mine at RR.