NOW is the time to BUY and WHY!RES was recently upgrades to a TIER ONE COMPANY on the venture exchange.
It recently reported the Sundance Gold Joint Venture between its subsidiary, Paso Rico (USA) Inc., and NEWMONT NORTH AMERICA EXPLORATION LTD. in the Bear Lodge area of Wyoming was PERMITTED to go ahead with expanded drilling.
This also allows for furthur exploration and evaluation of RARE EARTH ELEMENT targets in the BullHill area.
According to a previous report by the US Geological Survey quoted by Donald Ranta, President/CEO of Rare Element Resources, the Bear Lodge property "encompasses one of the LARGEST DISSEMINATED RARE_EARTH OCCURRENCES IN NORTH AMERICA>"
The main ore mineral is bastnasite with priarily LREE, especially LANTHANUM and CERIUM>
Earlier exploration by other companies estimated resources around 4 million tonnes of about 3.8% TREO, which the company expects to confirm in the coming field seasons.
Rare Element reported encouraging REE metallurgical test results on oxide samples from the 100% oened Bear lodge property. Tests on near surface oxide material from three 2008 holes gave a range of recoveries and concentrate grades from 70% recovery with a grade 14.25% rare earth oxide to 90% recovery with a concentrate grade of 9.2% REO>
i strongly suggest that you
do your own due diligence
Herb