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makethemoney

12/24/10 11:54 AM

#118092 RE: stokes1 #118044

I agree with what some others here have said, we don't have complete results from RR. Maybe 10% of 1 hole. I think Ken was pressured to say something so he did. He wasn't ready to release anything yet. Hopefully in the near future they will release the other 90% which I hope is good. I agree with Renaissance mam, they need to get a professional IR guy. This guy is giving everyone a headache! Surprised you didn't have one this morning. I am about ready for some egg nog myself. Have a Merry Christmas!
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mappo

12/24/10 2:05 PM

#118155 RE: stokes1 #118044

stokes1 - REE is extremely important.
The reason China cut huge % of export for REE is that whatever they have underground, it will only last for about 15 more years.
We can't blame China for cutting down on export, they need it badly too.
Now Japan is in terrible shape due to REE shortage.
So are most industrial countries.
If RR has REE in even small amount, in time due to extreme shortage, and high price, people will come and dig it out,
whatever amount REE doesn't matter because business needs it.
REE will be just like WATER in the SAHARA DESERT, without it, death !!
Hope you understand the point Ken is trying to get accross, very important finds so far at RR.
Also, never say never, REE will push Katx back up, why ?
because elsewhere in CANADA, so far no REE is found in even small trace.
Just hold on, and lets wait for the rest of the results.
Ken had staked more claims all arround RR, he knows more than anyone can understand,
so, please don't rush into judgement and regret it later.
Good luck and Happy Holidays to LONGS.