Rare Element Resources (NYSEMKT:REE)

CAPS Rating: 1 out of 5


Player Avatar TMFCop (86.30) Submitted: 2/4/2011 11:05:25 AM : Underperform Start Price: $14.24 REE Score: +139.35

Its Bear Lodge property was previously drilled by Molycorp, Hecla Mining, and Duval, all without success. Newmont Mining and others sought to find gold there. All of these companies abandoned Rare Elements' property. Can it really find something other bigger, better financed companies could not? Possibly, but not likely.

Member Avatar joaquingrech (97.53) Submitted: 6/8/2011 2:52:50 PM
Recs: 0

i'm with you on this one

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