RE: RE: RE: News soon Story is good, the promo of possible HREEs near MCP is just too good to pass up imho.
No R until 37, then 40. So again, they can run it to 20 to blow off paper if results suck. Remember, Wealth Daily pumped this a while back and I traded it. Notice no insider selling and they all loaded at 20 cents. If the QE3 and global stim rumors mount, the ventures will fly and I have this tickle regarding ELI.
The chart getting closer to apex, so today we had the head fake but closed above the trend line.
Thor has strong surface representations of nine heavy and five light rare earth elements and anticipates completion of the planned drilling program in first-quarter 2012.
A total of 2.8 million units were placed at a price of 20 cents per unit and 30 cent full warrant, generating gross proceeds of $560,000. Insiders of the company subscribed for 35 per cent of the offering. Subject to a hold period expiring on April 15, 2012.
Escrowed shares: 4,418,697 common shares are subject to 18-month staged-release escrow.
49 million shares fully diluted with 32 million free trading, 15 million warrants and 3 million options. 10% insider ownership.
Has aprox $2.6 million in cash on hand.
has retained the services of Maximus Strategic Consulting Inc. ("Maximus") to provide advertising services to the Company. Maximus invested $25,000 into the Company's March 7, 2011 Private Placement. Maximus is Pinnacle digest for those that don’t know.
G. Arnold Armstrong, Chairman/Director one of the founding Directors of Silvercorp Metals Inc. (NYSE - SVM). Armstrong has also fostered several joint ventures within his companies including those with Cameco Corp.and AREVA.
Bill, (H.R. 6160), would authorize the US Department of Energy to guarantee loans to US companies that want to mine rare earths but lack the technologies that are needed both to separate the desired elements from the chemically similar ores and to reduce the separated oxides to metals.
See link for maps and MCP property.
https://www.elissaresources.com/s/Thor_REE.asp
Take a look at the chart and the dip out of the short term trend lines. Nice it got back in the channel. https://stockcharts.com/h-sc/ui?s=ELI.V&p=D&yr=0&mn=4&dy=0&id=p34981014134&a=2527
24558&listNum=1