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gpf95

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gpf95

Re: For the long run post# 1347

Thursday, 02/09/2012 10:20:33 AM

Thursday, February 09, 2012 10:20:33 AM

Post# of 4434
This is a well known fact that REE's are not rare

Qrm's original April 2010 analysis was that they could make 7 billion over the life of the mine. this was based on the 3 yr average price (2007-2009) of REE's. Those prices would have to decline way below todays levels.

Quebec Territorial Government will not want to lose out on this kind of revenue 30% of profits. They will do everthing that is necessary to see that businesses like these above the 49th parallel.

http://www.plannord.gouv.qc.ca/english/index.asp
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