Canada Rare Earth Corp V.LL

Alternate Symbol(s): RAREF

Metals & Mining Industrial Metals & Minerals

Canada Rare Earth Corp. operates a global essential minerals business in the rare earth minerals and products sector. The Company is engaged in acquiring and developing proprietary projects, resources, and processing facilities. It is engaged in the development of the Bom Futuro Project. The property is known to contain rare earths, cassiterite (tin), zircon, ilmenite and wolframite. It has the right to acquire a majority interest in a private company, which owns and operates a mining quarry (the Quarry). It is also engaged in the process of establishing a rare earth supply operation in the DRC. Its products include high-purity simple oxides, rare earth fluorides, larger particle/nano rare earth oxides, and custom products. The high-purity simple oxides include cerium oxide, dysprosium oxide, erbium oxide, europium oxide, gadolinium oxide, and holmium oxide, among others. The rare earth fluorides include lanthanum fluoride, neodymium fluoride, and yttrium fluoride.

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Canada Rare Earth Corp

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Comment by gobig1on Oct 19, 2010 12:45pm

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Post# 17582451

RE: RE: 1.04% TREO Over 70.5 M

Well put Coffin!

A few of us had the same conversation over coffee this morning. In the last few months, light REEs have shot up significantly higher. A large deposit of light REE can be a company maker. Also note that there is a hint of higher HREE values coming out of Dory Pond and if they're able to find the source, this is a whole new ballgame.

GB1

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