The Energy Report - Rare Element Resources Ltd. TSX.V:RES

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Rare Element Resources Ltd.

TICKER: TSX.V:RES

DESCRIPTION: Rare Element Resources Ltd. is a publicly traded company exploring for gold and rare earth elements (REEs). The company holds 100% interest in the Bear Lodge property, which hosts the largest disseminated REE deposit in North America (US Geological Survey Professional Paper 1049D), as well as extensive gold occurrences.

Read Rare Element Resources article published on MetalNews.com. (12/09)

Click here to listen to Al Korelin and Mickey Fulp discuss Rare Element Resources (8/13/09)

Click here to listen to Al Korelin interview John Kaiser about Rare Element Resources.

Click here to watch an interview with Dr. Don Ranta, CEO on company developments.

Kevin Graham, of Graham Analytics, recently issued a Preliminary Report and a Survey Report. Download full report

WEBSITE: http://www.rareelementresources.com
Graham Analytics Survey Rept. 4/08

The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.

TGR: Who do you like in the rare element space?

BL: I was a very early investor in Rare Element Resources Ltd. back when nobody knew or cared about rare earths. At that time, the company was trading as a gold play more than anything else, and really didn't stress its rare earth aspect. I'm still a very large holder of Rare Element. If it gets in the mid-$4 area, people who were early in the play need to take some profits. It's probably a buy anyplace in the low- to mid-$3 area. I expect it to oscillate in that range for a while, until we get some more meat on the bone of the overall story. A general economic recovery obviously would help that as well.
- The Gold Report Interview with Brien Lundin (03/03/10)

"Rare Element Resources is now headed by Don Ranta. The company has recently completed drilling to expand their deposit (currently 9.8 million tons at 4.07% TREO released last April) with a few infill holes on their Bull Hill Southwest zone on the Bear Lodge rare earth prospect in Wyoming. They released part of the results and are working on releasing an updated resource estimate by the end of this quarter—and they hope to double the size of the oxide resource."
- The Energy Report Interview with Siddarth Rajeev (02/25/10)

TGR: So [Avalon's] one of the first one or two to get to production. Are there other ones that you are following that are in a similar situation?

VG: I think Rare Element Resources is certainly in a similar situation, too. I have a personal bias towards Avalon just because I have so much more of Avalon stock, but that's not to say by any means that Rare Element Resources is not in a situation where they can really progress. They've had a similar run in their stock from give or take 40 cents to $4 as well. They have a tighter share structure, but they also have a bit of a small project. However, it's not in the remote situation (i.e., it's not in the Northwest Territories), so that's kind of nice. But I think both these companies are going to be real winners in this situation. It'll be like having a Goldcorp and a Barrick. It's not necessarily one or the other. I think it'll be really both.
- The Gold Report Interview with Victor Gonçalves (01/29/10)

TER: What are some of the companies that you are particularly focusing in on now?

MF: I'm a long-term committed shareholder of. . .Rare Element Resources Ltd. with the Bear Lodge light rare earth deposit in Wyoming. It's had very good drill results recently and other drill results pending. Read full article.
- The Energy Report Interview with Mickey Fulp (01/21/10)

"Rare Element has acquired another rare‐earth-element property, one with indications of a high proportion of heavier rare earths. There has been a lot of buzz about rare-earth-elements due to their expanding use in various technologies, in particular green technologies. China, the dominant supplier, has signaled that it will further restrict exports in order to satisfy its rapidly growing domestic needs. The heavier of the rare-earths are generally the more valuable and the ones projected to face the greatest supply constraints.

RES is purchasing the Nuiklavik rare‐earth property in northern Labrador from Altius Minerals for 200,000 shares of its shares and a 2% gross overriding royalty. It has an option to buy back half of that royalty for C$2.5 million. Work conducted by Altius has outlined some high potential targets on the property. Assays from grab samples up to 1.4% zirconium oxide, 1.27% yttrium oxide, 1.15% niobium oxide, and 1.1% total rare‐earth oxides with heavy rare-earths making up 68% of the rare-earth metal component. . ."
- Resource Opportunities (01/15/10)

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