RE: Go Hudson!The Sarfartoq Carbonatite Complex, in west Greenland, is 100% controlled byHudson Resources Inc. (TSX: V.HUD,Stock Forum) and is one of the world’s largest carbonatite complexes having approximate dimensions of 13km X 8 km.
That's from the recent article about HUD that was on the home page here at Stockhouse a couple of weeks ago. And that should be one of the major reasons to be holding this one - the size of this area controlled by Hudson. NOBODY yet knows what really lurks there in the way of mineralization other than in generalities concerning diamonds, rare Earths and uranium. Could there be any precious metals? How about base metals like copper or lead and zinc?
But back to rare Earths....and HUD's Neodymium Mine Project. Just look at how much of this material is there. That has to be one of the most heavily concentrated places on Earth for Neodymium and it would seem to me that another round of drilling should turn some of this resource into Measured & Indicated resources making the shares worth even more. I'd suggest that everytime you get....frustrated with your HUD investment, go back and read about what they have already found there in Greenland. Then think about what they haven't found there....yet. And what they're going to do with the rare Earths they've already found there. Everything they do from here on out ought to have a positive effect on the share price. Should they find more than they expected or something they didn't expect at all can only brighten the prospects for the only rare earth play I would consider in my portfolio that's full of energy, precious metal and food stocks and not much else. And like several have said recently, at these prices Hudson and everything they have is a great big buy.
P.S. In case you can't tell, these explorers that have something....different are the kinds of exploration stocks I really like. The 3 speculative exploration stocks in my otherwise portfolio of dividend payers mentioned above AND FOR THE LONG TERM are:
1. Hudson
2. Fortune Minerals
3. Kaminak Gold