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Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Post by Thebaymanon Mar 07, 2010 11:59pm
267 Views
Post# 16854129

Rare Earth Elements

Rare Earth ElementsI was reading an article on Rare Earth Elements and it seems that  they are predicting a world shortage.  China is the main producer but have recently announced that they intend to conserve supplies for their own use. This has set off a rush to find these elements in Canada and predictions are that this could be the new boom.  The article also listed a number of companies that could be in the position to discover and mine REE's. One of them was Ursa Major Minerals but with the sale of the Agnew Lake property to Nyah Resources a few years ago that contained some rare earth elements, I don't see any other sites that look promising.  Has anyone heard if they are looking for REE's??
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