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Friday, 12/21/2012 6:07:48 PM

Friday, December 21, 2012 6:07:48 PM

Post# of 128727
PR for today. Pretty light.

http://rareearthinvestingnews.com/8753-quantum-rare-earth-developments-closes-financing.html

The only notable part.

"Although challenging financial markets persisted throughout the year, we have succeeded in expanding the number of potential partners we are discussing the Elk Creek project with. With these discussions continuing on several fronts, we hope to reach a successful conclusion with one or more of the parties early in the new year."

Here's to hoping they have found another serious player that is interested. And that in the end it will bring added value to the shareholders through pitting the companies against each other in negotiations. From the sounds of that last sentence they may be considering letting multiple companies take part in the venture? Maybe some end users connected to Dufresne? That could be interesting. Time will tell and patience will hopefully be rewarded. I haven't sold any of my shares and I don't plan to in the near future.
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