Replies to post #162 on U.S. Rare Earths Inc (fka UREE)

[Geostat99]

Yes I agree Walter.

Niobium prices are at near all time highs still, while REE prices are at 3 year lows

NioCorp's Elk Creek deposit is something like 30% higher grade and two times the tonnage as IAMGOLD's Niobec mine in Quebec.

I believe Niobec makes around $100 million a year and is valued between 1-2 billion dollars.