Had the same thoughts re Alister Stephens & apologies to Torpedo...

Had the same thoughts re Alister Stephens & apologies to Torpedo and DDzx.

Doubt I'll influence anyone but I did buy a few today because I do like the story re getting to market quickly and sounds like there will be a bit more info shortly:

"The Program will produce significant results in coming weeks and the market will be updated as these are interpreted. This will lead to an initial Scoping Study which is expected to be completed during the fourth quarter of 2012."

Still a long way from viable based on previous discussions but I have a bit of a feeling RE's have bottomed and the companies with prospects of near term CREO production will be the one's to benefit with any upside.

Only one article but it does further support a focus on CREO:

http://finance.yahoo.com/news/ucore-comments-announcement-chinese-rare-123244822.html

"Chinese government intends to implement a stockpile of critical rare earth oxides, including Dysprosium Oxide, Terbium Oxide, Europium Oxide, and Yttrium Oxide."

"This action by the Chinese Government to further control the supply of these crucial elements, all of which are considered to be critical by the US Department of Energy, further increases attention on the degree of exposure that the West has to supply interruption of a small group of critical metals."