Welcome to the Great Western Minerals Group HUB On AGORACOM
Great Western Minerals Group Ltd. is a Saskatchewan-based junior exploration company. GWMG is engaged in the acquisition, exploration, and development of rare earth mineral properties in North America.
With us today is Frank C. Smeenk President & Chief Executive Officer of KWG Resources Inc. Mr. Smeenk discusses recent conversation with Noront Resources after proposed acquisition of Cliffs Chromite was announced.
7/12)- Over the last month Rare Earth stocks have outperformed the broader market by a large margin as demand for the 17 elements continues to skyrocket. The Market Vectors Rare Earth/Strategic Metals ETF (REMX) is up more than 9 percent since January 17, 2012, with North American and Australian rare earth stocks leading the rally. Five Star Equities examines investing opportunities in the Rare Earth Industry and provides equity research on Lynas Corporation Limited (Pinksheets: LYSCF.PK - News) (ASX: LYC.AX - News) and Great Western Minerals Group Ltd. (TSX-V: GWG.V - News) (Pinksheets: GWMGF.PK - News). Access to the full company reports can be found at:
Presently China produces about 95 percent of global rare earth supplies. However the nation says that excessive production is depleting its reserves and damaging its environment. While China may be looking to lower its production -- and perhaps preserve rare earth prices -- a World Trade Organization (WTO) panel recently ruled that China violated global trading rules by curbing exports of raw materials such as bauxite, coke, magnesium, manganese and zinc, which inflated prices and gave domestic Chinese firms an unfair competitive advantage.
A number of U.S. lawmakers have urged the United States to use the WTO decision to launch a new case to force China into lifting its rare earth export restrictions, Reuters reports.
Five Star Equities releases regular market updates on the Rare Earth Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.fivestarequities.com and get exclusive access to our numerous stock reports and industry newsletters.
Gold Stock Trades Editor Jeb Handwerger recently told The Critical Metals Report that a U.S. government think tank wrote a 200-page report anticipating a supply shortfall in certain basic elements. According to Handwerger, the report says that in the short-term there could be supply shortages of yttrium, europium, neodymium, terbium and dysprosium.
Shares of Lynas Corporation skyrocketed earlier this month after the company received approval for a temporary operating licence for its Lynas Advanced Materials Plant in Malaysia. Granted by the Atomic Energy Licensing Board, the temporary operating licence will be valid for two years.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: