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balihi

01/23/11 12:38 PM

#126980 RE: NORTH LAND #126967

That would be very good news to have some excellent results,but,we dont know whats in the ground yet,we only know the potential.
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mappo

01/23/11 12:59 PM

#126983 RE: NORTH LAND #126967

bigbreak ... You are right about the
REE potentials, but you are wrong about China's monopoly on REE.
Even if lots of REE are found, no place here in North America will be able to process them.
All REE materials still have to be shipped to China for processing.
In fact, we can't even hire experienced workers to do the job here because there are none.
To build a processing facility here will take years & years, and law-suits will delay and cost billions more.
Now some posters consider Rusty Ridge as if it is a Life & Death situation for KAT, they are dead wrong.
KAT has many properties, and the VALE agreement is in progress.
VALE is moving into Newfoundland armed with billions.
The future is looking great.
Patience is GOLDEN.