Stans Energy Corp V.HRE.H

RE:RE:David on Russian REE properties

[joevest]

That's correct, David did not provide any new information--he just answered my question, which is fine by me.  With the addition of the iron oxide mine, I wanted to know if Stans was moving away from the REE sector.  Thankfully they're not.

This is good news.  With negotiations currently taking place between Centerra and the Kyrgs over Kumtor, the odds of regaining control over Kutessay appear to be against us.  Still, if Stans is able to enter the REE space in Russia, it may yet become a profitable company, if not the juggernaut it might have been had it not been forced from Kyrgyz.

I'm happy about the pending acquisition of the iron oxide mine, but I know nothing about this sector.  On the other hand, REE deposits, especially the heavy variety, are known to have lots of potential upside, profit-wise.