REEI OTC PK. IS REALLY TURNING AND BURNING THE LAST 2 DAYS “WOW”
REEI TRADED A RECORD 10 MILLOIN PLUS SHARES YESTERYDAY
AND WHAT WAS STRANGE THE HEAVERY TRADING WAS MAINLY DONE IN LARGE BLOCK TRADED BY MARKET MAKER ?
SEE WAY THIS HAPPEN
REE International Acquires Rare Earth Property With Estimated Value of $10 Million BOSTON, MA, Mar 20, 2012 (MARKETWIRE via COMTEX) — REE International, Inc. (PINKSHEETS: REEI) (the “Company”), a U.S.-based mineral exploration company focused on the exploration and production of rare earth elements, today announces the acquisition of a rare earth property in Port-e-Kiatuma, Guyana. REE International recently received approval to conduct business in Guyana by the Guyana Geology and Mines Commission. The newly acquired property covers 44 square miles with over 200 concessions. According to initial estimates by the Guyana Geology and Mines Commission done in 2009, the initial estimates of Columbite-Tantalite believed to be in the ground are in excess of $10 million dollars at today’s prices.
REE International Enters Into Joint Venture With B.M. Gold BOSTON, MA, Mar 21, 2012 (MARKETWIRE via COMTEX) — REE International, Inc. (PINKSHEETS: REEI) (the “Company”), a U.S. based mineral exploration company focused on the exploration and production of rare earth elements, today announces that it has signed a joint venture agreement with B.M. Gold, a South American mining company. B.M. Gold owns and manages substantial mining properties throughout South America, focusing primarily on the production of gold, silver, tantalum, and copper. Tom Mackay, CEO of REE International, stated, “We are excited about the prospects of this new partnership with B.M. Gold. We feel that it could be extremely lucrative and beneficial for both parties. B.M. Gold’s management team has over 50 years of experience in the mining industry and their contacts in South America could prove to be invaluable.”