Rare Element Resources Ltd (QB) (REEMF) News

Any idea when they are going to flip the switch on the plant?

IIts time to sent emails to Rare Elements office to have spark interests to other investors in order to raise capital needed to bring a full commerical size plant the price of this stock is from us old timers waiting for feed back.

This narrative exisits since 2010 when Both REE and MP listed in US but this never materialized so far.Hopefully this time it's different due to in-house separation plant

Taken from Strategic Metals Market Insight: The 2024 US Election Impact

Impact of a Trump Victory
Geopolitical Dynamics and Supply Chains
A Trump victory is likely to revive his assertive stance on China, which could reignite trade tensions reminiscent of his first term. Given that China controls about 80% of the global supply of technology metals and rare earth elements, any escalated trade conflict could lead to disruptions in supply chains??. This scenario would almost certainly drive up prices due to the scarcity of these crucial materials, affecting everything from smartphones to electric vehicles.

Defense and Technological Investments
Trump’s administration previously emphasized bolstering national security and technological superiority. Should he return to office, we can expect a renewed focus on securing supply chains for defense-related technologies, which heavily depend on strategic metals like hafnium and neodymium??. Investments in domestic mining and refining capacities could surge, potentially reshaping the market dynamics in favor of U.S. producers but also pushing global prices higher due to anticipated supply constraints during the transition.

Economic Policies and Market Speculation
Trump’s economic policies often favor deregulation and tax incentives for key industries, including mining and manufacturing. Such policies could incentivize increased domestic production of strategic metals, though the ramp-up would take time. Meanwhile, market speculation alone, driven by policy announcements, could lead to immediate price hikes as investors anticipate tighter supplies and stronger future demand.

Garbone, enjoy your sense of humor!

Happy Halloween.

https://mail.google.com/mail/u/1/#inbox/FMfcgzQXJsxmBPFBRFCQZpgMMZTLvCXz
Light at the end of the tunnel?

I am thinking we see results as the next news blast. Could be wrong but the last one was they already had staffing lined up thru a sub and had approval. I could be wrong on approval... Think that is what got us up to this current price.

when will the final permit and plant startup of operation s something has gone wrong in my opinion.

I was referring to the annual 10k.

Available here.

https://rareelementresources.com/

where is this article found

When China threatened to cut off rare earth shipments to Japan, in 2011, the stock of Rare Element Resources exceeded $16 per share. It didn't stay up there, however, very long! Interesting, at that time there was no big development of the mine nor was there a General Atomics involved and there was no processing being done. What if that scenario ever repeated itself?

If all goes well with testing, who really knows what the share price will be. This is a first of its kind technology in the usa also the bear lodge mine.
7 years from now the commercial plant is producing rare earths from our own mine and possibly other mines as well for the first time in the USA. share price thoughts ?

Only 7 Years away.

Would "rule of 100k" on options make the target share price $6.51 per at the date of maturation?

Something interesting: U.S. Securities Statement of Beneficial Ownership of Securities shows (an individual) was given the right or option to buy 25,000 shares of common stock @ 2.25. exp. 4/13/2031. Would appear that the future might be kind to stockholders. Wish I wasn't so old so could be here in 2031. Oh well!

I can almost hear that steak sizzlin'.

Thanks.

“In anticipation of the DOE’s operations approval just received, we have spent the past several months working alongside the project team and our contractors preparing the site for operations,” said Ken Mushinski, President and CEO of RER. “With the achievement of this pre-operational milestone and anticipated receipt of the NRC’s license amendment necessary for operations, we continue preparations for the commencement of plant operations. We have engaged Wood plc, out of Gillette, Wyoming, as our operations staffing contractor which is preparing a staffing roster for operating the Demonstration Plant under RER’s supervision. Entering the operations phase moves us one step closer to proving our innovative rare earth recovery technology is ready for commercial applications.”

Are they involved with REEMF?

Wood, PLC, has 35,000 professionals across 60 countries and is one of the world's leading consulting and engineering companies operations across energy and materials. The headquarters of John Wood Group, PLC, also known as Wood, is located in Aberdeen, Scotland. It is a British multinational energy and consulting company.

SUPER BULLISH NEWS -
Rare Element Resources Receives DOE Operations Approval and Additional Funding Commitment for Rare Earth Demonstration Plant in Wyoming
by Rare Element Resources | Sep 26, 2024
Operations Planned to Commence in 4Q 2024

September 26, 2024 – Littleton, Colorado – Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) is pleased to announce that the U.S. Department of Energy’s (the “DOE”) Office of Energy Efficiency and Renewable Energy has issued the second and final Project Continuation Notice following its approval of the operations budget and confirmation of readiness for the operations phase of the Company’s rare earth processing and separation demonstration plant (the “Demonstration Plant”). This notice allows operations to formally commence once the Company receives the U.S. Nuclear Regulatory Commission (the “NRC”) operations approval under the previously issued license, which is anticipated in the coming weeks. These milestones will allow for the commencement of operations in the fourth quarter of 2024. The Demonstration Plant, which has been designed to advance the Company’s proprietary processing and separation technology, is expected to generate the operational and economic data necessary for the design of a commercial-scale plant.

“In anticipation of the DOE’s operations approval just received, we have spent the past several months working alongside the project team and our contractors preparing the site for operations,” said Ken Mushinski, President and CEO of RER. “With the achievement of this pre-operational milestone and anticipated receipt of the NRC’s license amendment necessary for operations, we continue preparations for the commencement of plant operations. We have engaged Wood plc, out of Gillette, Wyoming, as our operations staffing contractor which is preparing a staffing roster for operating the Demonstration Plant under RER’s supervision. Entering the operations phase moves us one step closer to proving our innovative rare earth recovery technology is ready for commercial applications.”

https://www.rareelementresources.com/investor-information/news-releases/2024/09/26/rare-element-resources-receives-doe-operations-approval-and-additional-funding-commitment-for-rare-earth-demonstration-plant-in-wyoming

Higher volume today……….any whispers out there?

Site access has returned. Thanks!

zzzzzzzzzzzzzz………..

Hhhhmmmmmmm……….

Have not been able to get into any sites of: Rare Element Resources. Is there some problem?

Update!
https://rareelementresources.com/docs/default-source/pdfs/2024-agm-community-presentation-final-(8-20-24).pdf?sfvrsn=2

Hey!………sounds good!

Thanks. I think I may buy more too. Hoping someday I can buy you a steak dinner.

It was a good meeting and a chance to meet with RER board members……..bottom line; processing on schedule to start in October……based on what I saw yesterday…….. I’m buying more shares………

Anything exciting to report?

Right! …………. Will be there!

There's a community project update today from 3-5pm. Sounds like everything on schedule so far.

Crickets!

Any whisper news out there?

Correction: RER

There are lawyers who love cases where they feel the value offered by a company to the little investor is not realistic! These are class-action suits on behalf of the little investor. RSR has some value just from its gold deposits alone. (millions) All this is figured into the value of the share in a buyout. What is the value of a company who could refine rare elements for the larger mines of Canada. I remember two companies bidding for a desirable, smaller company in communications. The bidding war started at 50-60 dollars per share for a takeover bid. Lawyers ultimately brought the true value up to $170 per share. Obviously there is always a big fee for these lawyer groups to make and the bigger the company, the more desirable.

I don't want to give away my shares for 50 cents each

What’s downside of taking private for us as an investor… listing in exchange is good for everyone

That is a disclosure, and the risk is mentioned in every annual report

Page 4 line 1

"whether we deregister our common shares under the Exchange Act and/or list our common shares on a securities
exchange; "

A pretty interesting read.

I like page 2 of the intro letter para 3

"Nd/Pr production from Bear Lodge, based on current projections, could meet
a significant portion of the annual U.S. demand for these elements, inclusive of all the defense
sector’s needs."

"...mention of the mAjority taking the co private". Where did you read that?

SEC annual report under news……….

Where is this 95-page article found?

Thanks. I'll check it out.

Quote:……” The company has sufficient resources to complete “………..

The annual report.

In the intro letter there is a mention of the mAjority taking the co private, so that is a thing..I still have not sat down to really read it.

What 95 pages are you talking about?