This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The critical and specialty minerals stocks box score for Thursday was a mediocre 89-76-145 as the TSX Venture Exchange rose five points to 948. Darrin Campbell's Namibia Critical Metals Inc. (NMI) rose one-half cent to 24.5 cents on 317,000 shares. Today's move follows a two-cent gain to 24 cents on 229,000 shares Wednesday on word of a -- when are they otherwise? -- "positive prefeasibility study" of the Lofdal heavy rare earth project in Namibia.

A heavy rare earth project, at least on Howe Street, is a generic rare earth project with unpromotably low grades, but with a higher proportion of the more desirable -- and usually pricier -- heavy oxides. Lofdal is no exception, as its reserve of 32 million tonnes grades just 0.176 per cent total rare earth oxides (TREO), but with the heavy oxides tallying to 0.101 per cent. The resource is larger, with 58.5 million tonnes measured and indicated at 0.16 per cent TREO, with 14.9 million tonnes inferred at 0.14 per cent.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS