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Bullboard - Stock Discussion Forum NAMIBIA RARE EARTHS INC V.NRE

"Namibia Rare Earths Inc is engaged in the business of exploration and development of rare earth properties in Namibia. The company holds an interest in the Lofdal Rare Earths Project, which covers an area of more than 400 square kilometers located to the northwest of the town of Khorixas in the Kunene Region of north-western Namibia. It primarily explores for rare and precious metals and... see more

TSXV:NRE - Post Discussion

NAMIBIA RARE EARTHS INC > Either Mining Licence Approved or Significant Cobalt Find
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Post by baytrader1 on Mar 01, 2018 8:41am

Either Mining Licence Approved or Significant Cobalt Find

2 Items.

Item 1

My research indicates it is Mining Licence Approved see link below and search for Namibia Rare Earth, licence i think is in final stages as all Environmental permits has been approved.

https://portals.flexicadastre.com/Namibia/

Further your research by going to link below, click on current licences, click on year 2018., click on ML contacts 2016, and search for Namibia Rare Earth on the PDF, which will reveal the following data: ML200, Date applied, 16 Nov 2016.

Remember the last remaining document nvironment"was submitted by the company to the Mining Department in late 2017. Now that business structure has been finalized i am pressuming that the licence is in the final approval stages.

https://www.mme.gov.na/publications/?designation=dm

Item 2

There is Significant Cobalt Find in their Rock assays.

This is a fantastic company, i have been following this for years and am glad i kept this on my radar as things are finaly coming to fruition in a BIG WAY.
Comment by Loquepaso on Mar 01, 2018 10:40am
Once the license is out, this will sky rock to 1$ range
Comment by Stockspawk on Mar 01, 2018 7:35pm
I wonder what the time line would look like for a license renewal for this type of application.
Comment by kevin2m4 on Mar 01, 2018 12:46pm
Good reasearch work! 5 star post. Im new to this stock but am happy to hear from you on this board in the future!
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