RE:RE:RE:ApiI agree David. There are two key things to watch for. The first is prgress on the Saskatchewan Research Centre processing facility and how many pounds of Rare Earths it can process. The second is the whether the Canadian Nuclear Safety Commission will require Alces Lake to have a license to operate from them. Rare earths are often associated with Uranium and Thorium and any mining of those materials by any means (quarry or mine or ISL) is regulated by the CNSC. The Monazite must be excavated from the ground and transported to SRC also. I am sure Tom Drivas is aware of these issues, but licensing is quite a long process involving environmental assessments so it may be some time before the Company can return a profit. Nevertheless it is a major deposit and given the near monopoly of China in this area it is certainly going to be supported by governments of both Canada and the USA. Penny stock never justifies its valuation based on investor value it is always something of a calculated gamble against future potential. At 16c it was an easy decision but at $1.17 it is a bit more difficult. The potential of course is enourmous.If Appia can bring the asset into production it will be worth many times its current price - many rare earths companies are valued much higher than $1.17. It is really a decision based on whether you think the current management can bring the asset into production. and knowing what the potential ptfalls are between where they are now and where they need to be to make money. That is not easy to establish but I do wish you all the best with it. Investing in the mining juniors is certainly not for the faint of heart. but the rewards can be spectacular.