Ucore - HREE Lottery Play Buy Recommendation

Once in a while certain trades are long shots and may take years to develop. Investing in HREE (Heavy Rare Earth Elements) is one of those trades. If you would like to know what REE are then please start by checking out  Wikipedia - Rare Earth Element to learn more. But just so you know, Rare Earth Elements are exactly that, Rare Elements that come from the earth and are used for everything from wind turbines to mobile phones and electronics.

China controls 90% of the REE market in regards to production and exportation. However, the Chinese are cutting production to control the supply and price of these elements. This has forced other countries to look for other sources of REE closer to home.

If you are looking for a way to invest in HREE, you should have a look into Ucore (UCU.V). As far as price action goes, its trading at the lows of this year and at .34c/share, it can be the a nice lottery ticket. This stock has seen highs of 1.29 in 2011 on interest from the Department of Defense. Ucore trades on the TSX Venture.

http://ucore.com/us-department-of-defense-contracts-with-ucore-for-metallurgical-spe-studies

The DOD needs the HREEs to produce advanced weapons systems like cruise missles and the M1 Abrams tank. I plan to buy some and tuck it away for the next 5-10 years.