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Strategies & Market Trends : YellowLegalPad
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From: John McCarthy10/1/2010 3:28:56 AM
   of 1182
 
For investors, most rare earth stocks trade in Canada.

Favorites include

Quest Minerals (TSX: V.QRM, Stock Forum)

and

Tasman Metals (TSX: V.TSM, Stock Forum).

Rare earth companies that trade
on the U.S. exchanges include:

Molycorp (NYSE: MCP, Stock Forum)

Molycorp is the blue-chip of rare earth mining in the United States. It owns the Mountain Pass Mine in eastern California (near the Nevada border), which used to be the world’s largest producer of rare earth elements.

But since the mine is in California and not Nevada, the company faces huge environmental costs to extract the rare minerals and then has to ship them to China for processing. For more information, go to: www.molycorp.com.

Rare Element Resources (AMEX: REE, Stock Forum)

Rare Element Resources has a developing play in gold and rare earth elements at the Bear Lodge property in northeast Wyoming, but it has no revenue yet.

stockhouse.com

RARE

EARTH

CRACKER
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