Rare elements are required for HybridsI did not know the importance of rare elements until I read this interview:
Here is a way to play Lithium and rare elements.
MCI.V has both at their Gods lake property.
MCI holdings at Gods lake Manitoba have rare elements. I quote from the Hood report: "The Sherman dyke can be classified as a rare metal spodumene pegmatite".
Here is a link to the importance of rare metals in the clean energy industry such as wind turbines, water filtration and consumer electronics such as PC's, IPODS, department of defence purposes, permanent magnets, etc.
There are no rare metals in the US governments strategic materials stockpiles! NONE.
Can you play the rare metals market? The largest holder of rare metals is Molycorp but it is a private company. China is the only country in the world that mines and produces rare metals.
That leaves the Gods Lake deposit.
https://www.mineweb.com/mineweb/view/mineweb/en/page72102?oid=83419&sn=Detail
IMHO this stock is posed to go up up up.
Huge reserves of high grade Lithium 1.27% and rare based metals in mining friendly Manitoba, which also has the lowest cost Hydro in Canada.
It makes sense to take a position and hold on a few months