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Monday, 01/10/2011 3:25:10 PM

Monday, January 10, 2011 3:25:10 PM

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The Squeeze In Rare Earths What Happened: Germany's Economic Minister Rainer Bruederle urged visiting Chinese Vice Premier Li Keqiang to reconsider China's decision to further restrict exports of its rare earth metals. What It Means: Germany, along with other countries that rely on these metals for their high-tech manufacturing, is feeling the pinch as dwindling supplies drive up rare-earth prices. Why It Matters: Rare earth metals are an increasingly vital part of high-tech gadgets, from cell phones to microwaves to hybrid cars. China is sitting in the driver's seat with 97% of the world's supply, and knows it has a very valuable asset. China has been cutting back on exports for a few years now, so don't expect it to budge on its policy. This means the price of these metals is only going to go higher. Guess what Reader? PUCCF is in a truly great position because it has heavy rare earths (the most desirable), its deposits are shallow to on service, the rare earths are bound in phosphates which can be easily inexpensively separated, the deposit is wide spread on PUCCF's propery and the weather conditions are certainly better than Canada's frozen North. All these important factors will make Pancontinental Uranium the best REE explorer/soon to be producer in the whole world!

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