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<p>[QUOTE=&quot;desertgem, post: 1151091, member: 15199&quot;]The company in Ca. is Molycorp.</p><p><a href="http://finance.yahoo.com/q/pr?s=MCP+Profile" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://finance.yahoo.com/q/pr?s=MCP+Profile" rel="nofollow">http://finance.yahoo.com/q/pr?s=MCP+Profile</a>. </p><p>The mine Mountain Pass Mine is in San Bernardino county and had been closed as rare earths were readily available from China, but their policy changes in availability and pricing lead it to be re-opened, but still not ready to process any ore. They are Hyper-hyped, but sometime you have to follow the trend. It is approx. $67 a share, but read this article, as it is a long term play ( JPMorgan says possible $215 by 2014. Kinda like the $150 silver huh <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><a href="http://seekingalpha.com/article/258080-why-molycorp-is-a-buy-despite-its-sticker-price" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://seekingalpha.com/article/258080-why-molycorp-is-a-buy-despite-its-sticker-price" rel="nofollow">http://seekingalpha.com/article/258080-why-molycorp-is-a-buy-despite-its-sticker-price</a></p><p><br /></p><p>Lynas ( Australia) and Molycorp are the only proven resource company that has a possibility of selling product by 2012, the rest are worrisome to me. Rare earths are divided up into heavy and light elements, and the % of resources in each determines the profitability for companies. IMO, those are the only 2 I see as reasonable risk. </p><p>Disclaimer, I hold both companies currently ( Lynas for long term and Molycorp in case I wish to buy/sell the area. Do Due Diligence and evaluate according to your risk profiles.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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