DALLAS, June 16, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Rare Element Resources Ltd. (AMEX:REE), including the most recent information that can help you make an educated investment decision.
The Company received better-than-expected data off its Bear Lodge project, to get the full scoop read the full report.
Rare Element Resources Ltd. (REE) is a mineral resource company focused on exploration and development of rare-earth elements (REE) and gold. In addition to the REE exploration and evaluation efforts, the Company is exploring for gold on the Sundance project, which is located on the same property in Wyoming.
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In the report, the analyst notes:
"REE saw its stock rise nearly 4% in Wednesday's trading, a day after the Vancouver-based company said its Bear Lodge project in Wyoming has 20% more rare earth oxides in it than it initially estimated."
"REE President Dr. Don Ranta said the Company is looking forward to the results of its pilot plant metallurgical test this year on a 10-ton bulk sample as a demonstration of advancement toward a commercial process, and for inclusion of the test results in its Prefeasibility Study of the Bear Lodge project."
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