RE: RE: RE: RE: What's Up?https://www.pinnacledigest.com/articles/vol.-158-rarity-rare-earth-companies
From the article linked:
But first...
The most well known of the 5 companies listed above is Rare Element Resources whose share price went from
.41 to a high of $4.69 per share over the past 12 months. It currently trades at $3.65.
Rare Element Resources ex-CEO, Dr. Bill Bird, has resurfaced and restructured Medallion Resources (MDL:TSXV) to search for an economic rare earth metals deposit. Medallion Resources is our Speculative Featured Rare Earth Company of 2010.
Bill Bird was the CEO of Rare Element Resources from July 2005 to October 2007. It must be noted that, during his tenure with the company, Rare Element's share price increased from a low of
.17 to $1.60 per share and saw its market capitalization more than quadruple. Dr. Bill Bird was pivotal in setting the stage for Rare Element's continued growth (currently trades at $3.65). Also during his tenure with Rare Element Resources, Dr. Bird struck a deal with Newmont Mining, signing a definitive joint-venture agreement to explore Rare Element Resources' Bear Lodge property for gold.
Now, after almost 2 years, Bill Bird has resurfaced as the CEO and President of Medallion Resources, a company solely focused on the acquisition and development of rare earth metal deposits - Dr. Bird's passion.
After speaking with several well respected professionals in the mining sector, and more specifically, the rare earth arena, we learned that Dr. Bill Bird is an authority when it comes to rare earth metals and has proven himself as one of the best in the business.
Bill Bird's strategy with Medallion is as follows: Medallion will position itself, through acquisition of top-quality projects and the application of advanced exploration techniques, at the forefront of the rare earth exploration industry. Medallion's criteria for additional acquisitions emphasize heavy REE's and new types of rare earth metal occurrences that may be amenable to large-tonnage open-pit production.....
It looks like MDL has decided to be promotional for once!
It's about time. Check out our bid-ask this AM - Yee- ha!!