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Greenland Energy and Minerals

November 24th, 2009

ASX: GGG is set to become one of Australia’s most valuable companies in one of the world’s remotest places.

Greenland a tiny nation of around 80,000 people has an absolutely massive Rare Earth Elements – uranium resource which will see them go from being virtually subsistence fishermen to having riches akin to the Saudi Princes. There is some sovereign risk so do your homework…

I can imagine the gnashing of many of China’s REE monopolists and the joyful response of the USA and Japan that their pathway to the 21st century’s Electron Economy has been unblocked.

The image below shows the Marketclub trend analysis for GGG
ggg-galloping

Just HOW BIG IS IT?
The image below shows where they drilled for the JORC in the top left hand corner. The other two zones outlined seem to have as much if not more REEs.
ggg-600

So now we can probably say that Greenland Energy and Minerals is likely to have MORE REEs than China.
rees-county-holdings

The REEs are essential components for the 21 st Century.
ree-lyc

Australian companies hold more REEs than China.. we are on the verge of tremendous riches and power. (And now that there is increasing demand the old games that China played of flooding the market and killing off their competitors just won’t work again)
rees-by-country

And it gets even better for Australia as one of our small REE-Uranium players has the “holy grail” of high % HEAVY Rare Earth Elements and they are on the verge of production.
alk

You can read about all of this on www.AustralianRareEarths.com

And if you want the icing on the cake then visit www.Australian-Lithium.com