Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Tasman Metals:Heavy Rare Earths In EU

  • Broadcast in Finance



Follow This Show

If you liked this show, you should follow goldstocktrades.
Our favorite heavy rare earth asset that we think is on the verge of a major move is Tasman Metals (TAS).  In addition to great shareholders such as the Soros Fund which owns around 1.5 million shares, Tasman has a great management team with an incredible asset that has the critical heavy rare earths and is the 4th largest heavy rare earth asset in the world with one of the highest percentages of heavy rare earths.  Norra Karr has over a forty year mine life and remains open at depth.  The reason I like Tasman over their NYSE heavy rare earth peers is because of the projects excellent infrastructure with power, roads and rail within 20 km.  Sweden is very supportive of mining and is one of the most supportive jurisdictions in the world.  Sweden just granted a mining lease until 2016 to Tasman.  This asset could be essential to some of the large end users in Germany such as Mercedes Benz, Volkswagon and/or Siemens.  Don't be surprised if Danish wind turbine maker Vestas whose stock is up exponentially in 2013 take interest in Tasman's project.    
Disclosure: Author/Interviewer Owns TAS and company is sponsor on website.