TSXV:HRE.H - Post by User
Comment by
saltchukon Feb 16, 2012 12:10pm
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Post# 19543379
RE: MENTIONED
RE: MENTIONED The process is tedious and actually cracking the code is nearly impossible, but we do expect Stans Energy (HREEF.PK) to release a prefeasibility report in the near future that will shock the world.
The rare earth world has stuck their noses up at Stans since the early days, but the company has delivered and met many of our bold statements since we began covering them. The recent drill results proved that the tonnage of the mine is larger than previously thought, and the prefeasibility study will prove that this mine is indeed economic. Since we see this potential news for what it is, we recommend initiating a trade on Stans for this news alone for possible gains of 50-100% as this would be the only HREE mine outside of China proven economic and with proven production methods already in hand. The downside on this is 30-50% if the report does turn out to be uneconomical, so it does entail some risk.
Good news
Saltchuck