RE: "Non-REE Motors" from BashersThere has been talk of non-REE motors. Of course there are non-REE motors, including the original electric motors, as we traditionally know them. There is nothing new or earth-shattering about this, like the bashers would like to have investors believe. REE motors weigh ~90 percent less than traditional motors, for the same power outputs. This is why REE is critical to making electric cars that are efficient enough to be viable. And remember, REE's have many other applications than in electric car motors. For example, heavy demand will come from the wind power turbine industry. Turbine towers need to be lightweight and highly efficient. There are various high tech electronic uses for REE's that one can read up on.
The tantalum and lithium demands of the world are not going away. EFG's fundamentals are good. We have proven resources in the ground and surface mining is less costly and more environmentally friendly.
If it is worth Canada Lithium Corp stock to be where it is (~1.50), then it is also worth having EFG go up in a multiple from where it is.