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louieforpar

12/23/10 10:25 AM

#116940 RE: JEM165 #116936

waiting on the next batch? hmmmm.buying more time is how i see it.then lets announce we aquired more claims to get the excitment flowing again.unfortunatly the market is speaking.



We are very encouraged by the presence of rare earth element rich rocks at Rusty Ridge and are eagerly awaiting the next batch of assays to find out just how consistent REE are at depth and if the grades improve. While there is much work yet to be carried out to determine the significance of this discovery, we feel we are in the very early stages of a most interesting project."

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jaytea

12/23/10 10:29 AM

#116945 RE: JEM165 #116936

Nice to know that Ken thinks this will be "a most interesting project". A most profitable project would have been preferable, i think. Also - the bit about "in the very early stages" - means - what? That they are years and years away from knowing if they actually have anything of real value here?
IMO this news was way way way below the threshold that most folks were hoping for.
Hence the massive dumpage.
And the timing might lead one to believe that they held this back for a time when it might fly below the radar of a lot of people.
Merry effin Christmas. :(