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Appia Rare Earths & Uranium Corp V.API


Primary Symbol: C.API Alternate Symbol(s):  APAAF

Appia Rare Earths & Uranium Corp. is a Canadian company in the rare earth element and uranium sectors. The Company is focused on delineating high-grade critical rare earth elements and gallium on the Alces Lake property and exploring for high-grade uranium in the prolific Athabasca Basin on its Otherside, Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 94,982.39 hectares (234,706.59 acres) in Saskatchewan. The Company also has a 100% interest in 13,008 hectares (32,143 acres), with rare earth elements and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario. The Company’s projects include PCH Ionic Adsorption Clay, Alces Lake, Elliot Lake, Loranger, North Wollaston, Eastside, and Otherside. The Company holds the right to acquire up to a 70% interest in the PCH Project which is 40,963.18 ha in size and is located within the Goias State of Brazil.


CSE:API - Post by User

Comment by SammyBoyon Jan 18, 2010 2:49pm
210 Views
Post# 16691489

RE: To sell or not to sell

RE: To sell or not to sellPersonally I think one of the two juniors will move ahead and I'm trying to figure out which one.   The fact that Potash One has released a PFS with high NPV and have advanced into feasibility study stage while API is spinning wheels on the pre-feas, seems to indicate that Potash One may be the best bet.   Its up to API to come to the table and disclose economic information on their project or do we just hope on a wing and a prayer.   Hopefully that response doesn't elicit cussing and swearing that I'm being too negative by asking for info.   The fact that the study is taking forever to produce might be a forewarning on where the company is heading.
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