Oakshire Financial reported an interview with research analyst Brian Chin on the potential in rare earth mining stocks.
Oakshire Financial reported an interview with research analyst Brian Chin on the potential in rare earth mining stocks.
Gabelli & Company Inc. analyst Brian Chin said:
Molycorp recently announced that it was looking at four potential rare earth deposits with a composition skewed more towards the HREEs. All four of the deposits have high ore grades greater than 4% and can be processed at Molycorp’s Mountain Pass facility. The company realizes that because its deposit is more LREE-rich, having a complementary HREE deposit would be beneficial.
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