RE:Good or bad ??donnell2 wrote: bought into this due to China.. did little DD on this one ...... if it flys , great .. flops. only a few 5k loss. Looking for some outside info and good news plus good thoughts, .. investors, bashers and others.. lets hear from you. Thanks.
Ok then, here is the bad. I'm still waiting to hear the results from this one year old announcement.....
Canada Rare JV sending 50-ton sample for testing
2017-12-04 19:09 ET - News Release
Mr. Tracy Moore reports
CANADA RARE EARTH ADVANCES THE PROSPECTIVE JOINT VENTURE TO MINE AND PROCESS RARE EARTHS AS ANNOUNCED ON OCTOBER 17, 2017
Canada Rare Earth Corp. has established an experienced team of technical and practical experts, who are conducting analysis and testing, to optimize the processing of material from its property (as defined below). The experts are confident that an existing, proprietary processing technology and system can be applied to the material and implemented in a cost-effective manner.
Final selection and implementation are subject to the results of bulk tests at existing commercial facilities that operate with similar processing systems and are also subject to agreement by the company's joint venture partner.
The joint venture partner is currently arranging for a 50-ton bulk sample to be delivered to the testing facilities. Concurrently, the joint venture partner is also proceeding with the preparation of permit application(s) to allow mining and delivery of ore derived from the property.