UURAF, LEXVF - Can Rare Metals be the next Gold Rush?

Jan. 12, 2011 - PRLog -- LEXVF's monster run from our first alert at $0.37 to continue to trade solid over the $1.00 was directly influenced by the bullish trend in Gold prices and holding strategic land position around Goldcorp's Dome Mine, where 17 million ounces of gold have been produced. Gold continues to be on fire, however, a new emerging market in the mining industry, rare metals are getting some attention and the best position to take advantage of this growing demand is UURAF - Ucore Rare Metals.  

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Gold, silver and other base metals get all the attention, but the biggest bull market may be in the rare earth minerals. The increases in demand and supply restrictions from China could have detrimental effects on their pricing and UURAF is in the forefront to take advantage of this rare opportunity!
 
UURAF closed the session at $0.822 up 13.84% on increasing volumes as our original twitter alert at $0.73 definitely stirred up some attention.

Ucore Rare Metals is an exploration company with significant exploration holdings across North America. The company's Alaska-based flagship property at Bokan Mountain is the site of a former high grade producing uranium mine, with an estimated untapped resource of 11 million + lbs of U3O8, and a Rare Earth Elements (REE) resource that is estimated to be the largest combined heavy and light REE deposit within the United States (all estimates based on USGS data; non 43-101 compliant). Bokan has near term production potential and is located in an area of Alaska specifically set aside for natural resource development, with no residential or indigenous populations in proximity. With a prospective portfolio of properties and a management team comprised of experienced mineral exploration personnel, Ucore is positioned for rapid expansion in a sector exhibiting exponential growth.

The Ucore Advantage is Clear:

   * Potential For Near Term Production
   * Flagship Holdings In Resource Development Jurisdictions
   * Significant Historically Documented Resources
   * Aggressive Exploration & Growth Agenda


What are Rare Metals?

Rare Metals include the unique elemental suite known as the Rare Earth Elements (REE's) and a select group of specialty metals produced primarily for technology applications. Rare Earth Elements ('REE') are non-toxic elements essential to obtaining a cleaner environment with reduced reliance on fossil fuels.

Rare Earth Elements are most simply defined as those chemical elements ranging in atomic numbers 57-71. These elements include Lanthanum, from which rare earth metals get their collective name of Lanthanides to Lutetium. For reasons of chemical similarity, an additional metal, Yttrium, is commonly found in rare earth metals deposits. Therefore, they are frequently referred to as Rare Earth Metals. Other collateral metals often found amongst REE deposits include Uranium, Beryllium, Niobium and Zirconium.

We are looking at the next Gold Rush with Rare Metals and Rare Metals companies and UURAF is your best bet to capitalized on this emerging market



Gold, however, continues to be one of our favorite industry especially as the yellow metal continues to trade at record high prices. Our mega winner LEXVF continues to be part of our portfolio for the long term scooping up any cheap shares on minor pull backs.

LEXVF closed the session at $1.071 up 6.09% as recent consolidations makes way for long and strong holders to take this Gold company to the next level.



What we like to see in any consolidation phase is a build up of a solid support level and it looks like LEXVF gave us one today bouncing solidly off the $1 market and ready to resume the bullish trend.

When investing in the Gold market, there are 2 approaches: Buy physical Gold ounces or companies directly correlated with the price of Gold. Buying solid companies like LEXVF gives us an additional benefit - higher resources means higher $$!

LEXVF released additional drilling results that seems to have given investors this extra bonus and a must read:

LEXAM VG GOLD REPORTS INITIAL PAYMASTER WEST RESOURCE & NEW  EXPLORATION DRILL RESULTS FROM BUFFALO ANKERITE


About VG Gold Inc

Lexam VG Gold Inc. is focused on developing its four gold projects situated in the heart of the world class Timmins Gold Camp in Canada.  Currently Lexam VG Gold Inc. is performing permitting, mine planning and exploration work that leads toward production. The company's corporate headquarters is located in the Toronto financial community. Lexam VG Gold Inc. is listed on the Toronto Stock Exchange (TSX:LEX), the Frankfurt Exchange (FWB:VN3A) and in the United States . VG Gold has an exploration and operations management office in Timmins, one of the world's prolific gold camps. Lexam VG Gold’s developed properties hold significant additional exploration potential. The Company plans ongoing drilling programs for the purpose of expanding gold mineralization on its properties.

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