EDITOR: | November 12th, 2013 | 3 Comments

InvestorIntel Week-in-Review: Nouveau Monde (+20.93%), US Rare Earths (+18.48%), Texas Rare Earth Resources (+15.61%), Stans Energy (+12.50%) & Hastings Rare Metals (+9.38%)

| November 12, 2013 | 3 Comments
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REE_WiR_Nov8Rare Earths & Critical Materials: The overall sector performance was down overall as per my piece on Sunday REE Index: An ‘undervalued’ rare earth market trends downward, but for how long? and the REE Leaders Index was flat at -0.03% (closing at 336 points on November 8th) for the week — the InvestorIntel Rare Earths & Critical Materials members’ average was down -4.17%.

The week’s biggest gainer in the sector was US Rare Earths Inc. (OTCQB: UREE), which increased +18.48% last week (and +124% year to date). On November 7th, US Rare Earths announced a letter to its shareholders from CEO Kevin Cassidy — recapping some of US Rare Earths milestones achieved in the past five months, and we have an interview that will be posted later this week that I genuinely enjoyed.

Texas Rare Earth Resources Corp. (OTCQX: TRER) increased +15.61% for the week. On November 5th, Texas Rare Earth Resources announced that InvestorIntel’s Dan McGroarty joined the TRER Advisory Board. Dan is a consultant to the rare earth industry and principal of Carmot Strategic Group. “We are extremely pleased to welcome Dan,” commented Dan Gorski, Texas Rare Earth Resources President and CEO. “He brings additional depth to our management team and will play a key role in illuminating the National strategic importance of our Round Top Deposit.”

Shares in Stans Energy Corp. (TSXV: HRE | OTCQX: HREEF) gained +12.50% last week on the Canadian exchange on no new announcements; however, last week I published my exclusive video interview with Stans Energy’s Chairman and interim President and CEO, Rodney Irwin, to discuss Stans Energy’s most-recent announcement that the company has commenced international arbitration against the Government of Kyrgyzstan to reclaim its mining license to the past-producing Kutessay II Rare Earth Project.

Hastings Rare Metals Ltd. (ASX: HAS) was up +9.38% for the week (+50% for the month of October) on two new announcements. On November 6th, the Australian Government’s Takeover Panel announced that it had received an application from a Hastings Rare Metals shareholder, Foon Keong (Charles) Lew. According to the release: “A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.” The following day, Hastings announced a project and market update, noting that the company is proceeding with the investigation of a low-cost production opportunity for its Heavy Rare Earth Project at Halls Creek, Western Australia. The Hastings Rare Metals Ltd. AGM and General Meeting will be held on November 14th.

Alkane Resources Ltd. (ASX: ALK | OTCQX: ANLKY) increased +7.79% and +7.45% on the Australian and American exchanges respectively on no new announcements. As most InvestorIntel readers are aware, Alkane Resources is a multi-commodity mining and exploration company focusing on gold, zirconium, niobium, and rare earths, with projects in New South Wales, in eastern Australia. We are looking forward to an upcoming in-depth interview and update from Alkane’s Managing Director Ian Chalmers upon his return from Japan.

Last week, InvestorIntel featured my video interview with Peter Cashin, President and CEO of Quest Rare Minerals Ltd. (TSX: QRM | NYSE MKT: QRM) to discuss the company’s most momentous milestone achieved to date — Quest’s just-released Pre-Feasibility Study for its Strange Lake Heavy Rare Earth Project (B-Zone Deposit) — as well as what investors can look forward to in the coming months from one of the leaders in the rare earth industry.

On November 7th, I published my exclusive video interview with Ucore Rare Metals Inc.’s (TSXV: UCU | OTCQX: UURAF) President and CEO, Jim McKenzie to discuss Ucore’s recently released resource update for its flagship Bokan Dotson-Ridge Rare Earth Project in southeast Alaska, as well as some of the other milestones Ucore has achieved to date, Jim’s take on the recent WTO ruling against China and its REE industry, and what investors can look forward to as Ucore advances on the road to REE production.

Natalie_ChapmanDan McGroarty wrote a great article entitled: Breaking the Londsaleite Ceiling: Woman in the REE Industry that discussed yours truly, Alkane Resources’ Corporate Communications Chief Natalie Chapman (who was just recognized with a prestigious Stevie Award recognizing Women in Business) and Focus Graphite’s CFO Judith Mazvihwa-MacLean, as well as other pioneering women in the rare earth industry.

As an aside, my favorite piece of the week was InvestorIntel’s Robin Bromby article 2014 needs to be a good year for the rare earth industry, where Robin poses the question: Will there be a new rare earth project brought into operation in 2014?

Here are your Rare Earths & Critical Materials numbers for the week of November 1-8th, 2013:

Nov8REE

Graphite & Graphene: The sector was down overall last week, with the InvestorIntel Graphite & Graphene members’ average slipping -3.32%.

The week’s biggest gainer for all sectors last week was Nouveau Monde Mining Enterprises Inc. (TSXV: NOU), which increased an impressive +20.93%. On November 6th, Nouveau Monde announced first exploratory metallurgical results from its flagship Matawinie Graphite Project. The following day, InvestorIntel featured an article on Nouveau Monde and its President and CEO, Eric Desaulniers in: Nouveau Monde represents the new generation of Graphite Explorers.

On November 7th Focus Graphite Inc. (TSXV: FMS | OTCQX: FCSMF) announced major news with the release of Focus’ updated positive Prelimiary Economic Assessment results for its flagship Lac Knife Graphite Project. On November 8th, InvestorIntel published an excellent feature that summarizes all the recent milestones achieved by Focus and provides an excellent overview of Lac Knife, one of the highest-grade, large-flake graphite deposits in the world, entitled: Focus Graphite – it’s all about the numbers. If you missed this piece, may I graciously recommend a review of this article…

Here are your Graphite & Graphene numbers for the week:

Nov8GG

Potash & Phosphate: The beleaguered sector (compliments of the BPC potash breakup) experienced one of the best performing weeks in recent memory, with the InvestorIntel Potash & Phosphate members’ average gaining +3.27% and almost all members in positive territory.

EPM Mining Ventures Inc. (TSXV: EPK | OTCQX: EPKMF) was up +8.82% on the Canadian exchange on no new announcements. On October 29th, EPM Mining announced the positive Preliminary Feasibility Study results for the production of Sulphate of Potash (SOP) from its Sevier Lake Playa SOP Project, located in southwestern Utah.

Magna Resources Ltd. (CNSX: MNA | OTCQX: MGRZF) increased +8.06% and +6.67% on the American and Canadian exchanges respectively. On November 8th, Magna Resources announced partial closing of a non-brokered private placement.

IC Potash Corp. (TSX: ICP | OTCQX: ICPTF) was up +5.56% on the Canadian exchange on no new announcements. IC Potash is currently nearing completion of the Feasibility Study for its flagship Ochoa Sulphate of Potash Project in southeastern New Mexico.

Shares in Allana Potash Corp. (TSX: AAA | OTCQX: ALLRF) were up +5.41% on the Canadian exchange. On November 5th, Allana Potash announced its application for admission to the AIM Market in London. On November 6th, InvestorIntel republished an article featuring Allana Potash President and CEO Farhad Abasov, entitled: Ethiopian Opportunity. In it, Abasov commented: “We are currently in our financing and pre-construction phases. After our financing (debt and equity) is complete, we have approximately 18 to 24 months to put our team together and then build and start up our solution mine. The securing of our license was a pre-condition to financing, so this phase is now proceeding well.”

Here are your Potash & Phosphate numbers for the week:

Nov8Potash

Oil & Gas: The sector was up last week, with the InvestorIntel Oil & Gas members’ average increasing +1.72%.

MCW Energy Group Ltd. (TSXV: MCW) was up +3.45% for the week on no new announcements. MCW Energy Group is a Canadian holding company, consisting of two primary operations, MCW Fuels and MCW Oil Sands Recovery, LLC. Established in 1938, MCW Fuels is one of the leading branded and unbranded diesel and gasoline distributors in western United States. MCW’s Oil Sands Recovery has a breakthrough, environmentally friendly, proprietary oil sands technology suitable for oil extraction purposes on all type of hydrocarbon deposits and has also been successfully laboratory tested using oil shale materials. InvestorIntel’s Dr. Luc Duchesne wrote a very interesting article about MCW Energy, entitled: Ducks praise new bitumen extraction technology.


Tracy Weslosky

Editor:

An accomplished entrepreneur and corporate finance professional, Tracy Weslosky is the CEO for InvestorIntel Corp. and the VP of Business Development for Bellotti Capital Partners ... <Read more about Tracy Weslosky>


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Comments

  • Veritas Bob

    I wouldn’t get too excited about Stans’ TSXV listing gaining 12.5%. from .08 to .09 Meanwhile, Stans’ OTCQX listing lost 11.11% from .09 to .08. In both cases, this essentially represented fluctuations between last trade of the day being at the bid vs. the ask. The low to high range was indeed 0.08 to 0.09 on the OTCQV for every day from Nov 1 through Nov 8, so there was no real change. Meanwhile, the beginning and end of that period had a .08 to .09 range on the TSXV, with some intermediate days going as high as .10. Since then, Stans has gone even lower on the OTCQX.

    November 12, 2013 - 4:30 PM

  • Franco

    VB, do you think Stans will win their court case?

    November 12, 2013 - 6:17 PM

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