Dacha Strategic Metals Inc. (TSXV:DSM) announced a report on its inventory of rare earths.

As quoted in the press release:

Rare Earth metals inventory. As of October 31, 2011, the estimated value of its metals inventory was US$118.0 million, a decrease of US$3.0 million, or 2.4%, from the estimated value of US$121.0 million at September 30, 2011, as reported in the Company’s October 3, 2011 press release.

Click here to read the Dacha Strategic Metals Inc. (TSXV:DSM) press release.