They have a long way to go yet to prove up a reserve. A lot more drilling and metallurgical research to convert the resource (which means they’ve got stuff) into a reserve (which means it can be economically extracted).

Brightline in the dark
https://www.railpictures.net/photo/884009/

Catching up lost days.

This mine sounds good. Could supply rare earths for over a 100 years. I don’t think they’re going to day trade this one. I could see if demos getting in trying to cause trouble though.

Wyoming Rare USA is developing the Halleck Creek rare earths deposit in Wyoming, which has the potential to supply US domestic consumption of rare earths for over 100 years. It is a wholly owned subsidiary of American Rare Earths (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY). With the recent announcement by China to ban exports of critical minerals to US, American Rare Earths’ Halleck Creek project is poised to transform the nation’s critical mineral supply chain. . Key project highlights include: • Two phased development approach: • 1) Cowboy State Mine (“CSM”), the initial development of the Halleck Creek project, has an estimated 20-year mine life. The CSM has the strategic advantage of being on Wyoming State Land, which typically allows miners to have a clear path to mine permits (2-3 years vs. +10 years for Federal mine permits); • 2) In parallel to operating the Cowboy State Mine, the Company will de-risk and develop the remaining portions of the Halleck Creek deposit on Federal land. Based on recent strategic and government, financial support, Wyoming Rare USA will have the time and the cashflow to do so. • Halleck Creek has a 2.34 billion tonne JORC Resource with 7.48 million tonnes of contained Total Rare Earth Oxides (TREO). The current resource has significant upside as only a minority portion of the deposit has been explored to date. • Received strong support from the State of Wyoming through a US$7.1M grant to help develop and de-risk the CSM • Wyoming Rare USA received a non-binding Letter of Interest from the Export-Import Bank of the United States (“EXIM”) for up to US$456M in a debt financing package for the construction and execution phase of the Cowboy State Mine area at the Halleck Creek Project. For more information on Halleck Creek please visit: https://americanrareearths.com.au/projects/halleck-creek-wy/

Maybe do some DD on this mine in the US run by Australia. China no gonna like.

AI Overview

+2

The Halleck Creek mine in Wyoming, also known as the Cowboy State Mine, is owned by American Rare Earths through its wholly-owned subsidiary, Wyoming Rare (USA) Inc., according to InvestorNews and Mining Technology. The project is focused on rare earth elements and is considered one of the largest rare earth deposits in the world, according to Cowboy State Daily. 

American Rare Earths, an Australian-founded exploration company, is developing the Halleck Creek project, which is estimated to contain 2.34 billion tons of rare earth minerals, according to Cowboy State Daily. They are working on environmentally friendly extraction and processing methods to meet the growing demand for rare earth elements used in various technologies. The company has restructured its Wyoming holdings under Wyoming Rare (USA) Inc. to better attract capital for the project. 

Yeah that’s true if he’s not sitting in jail for treason already. That and having hear about his and friends  predictable, boring,   meaningless crap all time  reminding us just how wasteful our taxes are  being used and stolen by POS like him on top of it.   Maybe a conviction could get him removed but I’m not gonna hold my breath.

it’s not exactly newsworthy is it?

“Schiff is a lying toad” is hardly an attention grabbing headline anymore – like “Water is Wet!”, or “Swiss Train runs on Time.” Just, no novelty.

🙂

It appears Europe and Britton swamp are not just trying the destroy their own country but ours.

Shifty Schiff is living in Maryland and claiming it his primary residence with his family who’s kids go to school in Maryland while getting in a seat representing Calif.

https://thehornnews.com/trump-says-he-found-proof-adam-schiff-committed-mortgage-fraud/?vid2=73efe2c2c2042af9dea966a67bf9283632e183d563af9f30eab81a57110248d72c2066dcf2431fbfd05b69049d974990&utm_campaign=250715_HornEd_3:30PM&utm_source=Iterable&utm_medium=email&itbl_templateId=18580800&itbl_campaignId=14232582

That’s fear mongering fake news until proven otherwise their using their own words.

Scientist have been wanting to help people with medical conditions for years either to restore mobility, sight, hearing, possible reconnecting the neuro pathway to consciousness from coma.  Elon’s neuralink is moving towards accomplishing that. That’s others  putting words of their own imagination he never said. In fact he was the first to warn as far as AI it could be dangerous. Not just in the hands dangerous people but a possibility AI could develop its own awareness.

Re NEM…that is what I saw…which means the scum are still out there trying to make the sector ‘un-investable’ , just like they have been all these long years.

I just noticed that in the Oils Oxy is down over 5 %, wheras everything else is down @ 2 % …looks like the same game is being played there.

That’s AI … Elon wants you to put a chip in your brain and bark like a dog when he says so.

Chuckle

Yes they’re in government too in different forms Some are more obvious than others.

Gay baby’s? Boycott adoptions. Baby’s and children being driven insane. Mentally ill can be prone to be mentally manipulative and even controlling in that instead of helping them they want you to think like them.Not all do, some know what happened to them and on some cases a normal reaction to abnormal events and  was caused by events and still have a grip on things.   We have too many weak links now letting them get away with promoting insanity as normal. That’s part of the battle in therapy and finding out where it came from and now infiltrated in Government.

They used to call it antisocial personality disorder. So if facts and reality are not pushing back they’re manipulative behavior will try to take over. Maybe they should make those books a part of  psychology classes on their manipulative anti social behavior patterns.

I got a laugh out of someone I know about that once. She told me out of the blue she’s thinking about getting a concealed carry license. She did Lyft part time. She picked up a patient from the hospital to transport him to another. Before he even got in the car he talked to someone there about how he could sexually assault her and other bodily harm. Then got in the car and told her oh you heard that? He knew she could hear it It already started before he got in the car. By the time she got him to his destinations she wanted to be armed from then on. Lol They should never release them unattended to a female driver. She said something about how once she could start talking within his bubble he was more friendly. That’s the manipulative side.

Elon Musk: I Met Jesus 5 Days Ago… And He Told Me THIS!

The news I see is that their CFO resigned but said it was not over any disagreement with the company.

Unless she’s lying and there’s a problem with the books, the stock getting hit for 8.5% is pretty ridiculous.

All of them are ridiculous right now, but NEM especially stands out.

Looks like mining stocks across all markets are taking a hit today from what I can see. RIO and BHP have been hit hard the last two days, but they never get hit for 8 – 10% like these crappy pm shares.

Dollar broke above the 50 day.

“Hopefully it will be better …but”

… fingers crossed!

Reading about some measure of ennui in China. The young people can work like a dog for a meagre existence or drop out and do the minimum. The animal spirits are killed off by communism. They need a freerer market … but are those to succeed Xi open to change?

I saw yr post a few days ago, about Xi etc…..I think ever since he announced he was staying for life, that has stuffed the economy there….why do the extra, if the ‘Party’, will just take it all etc…..

What comes next I have no idea at all. Hopefully it will be better …but

Lesbian Couple Expose ‘Gay Babies Section’ In Barnes & Noble

https://www.zerohedge.com/political/lesbian-couple-expose-gay-babies-section-barnes-noble

How about “B” is for boycott Barnes and Noble!

so why is it being clubbed today….this stinks of being back in the old days of scum rigging……Nem down over 5 % on no news, is pure scum.

Oh peachy! Going on vacation with important issues to be decided. Well what could be more important than a politician’s holiday!

Thank you sir! I haven’t posted anything on Xi today but it sure looks like he is going into retirement or worse soon! Just hope the PLA stops him from doing anything rash to try and save his regime.

He has sure made a mess of things in China or perhaps it’s just because central planning doesn’t work.

Re EU and Tariffs …if the EU is not talking/backing down, despite being very wrong …then this mess is going to get way worse……for a start the EU is on holiday the whole of August….nothing serious can get down , until way into the Fall.

Good catch re Xi being sidelined….

Get the news first on the Tent !!!!

having a good day.

Dollar up for 8 of the last 9 days, about to challenge the 50 dma. At a crossroads?

NEM leading pm shares down. Still amazes me that the HUI is in the 420’s considering where the metals are, seems like we should already be in the 600’s

Whatever, it’s pm’s. When have they ever made sense?

Having trouble finding earnings dates for the large caps, anyone know when NEM, AEM, B, KGC and some others are coming out? Seems like they should be really good earnings.