This is an update of Ben’s original article on Medallion Resources, which was published Sept. 11, 2015. 1: Overview Medallion Resources (TSX.V: MDL) (OTCPK: MLLOF) has the lowest risk non-producing project in the REE-space, and we believe that its is the only viable project in the REE-space that isn’t dependent on new technology or by-product credits. Medallion is developing a business based on extracting REEs from the monazite sand found in heavy mineral sands tailings. Monazite sand is a rich source of REEs, yet large mineral sands mining companies don’t find it worthwhile to extract the REEs themselves because the market is small and specialized (such a pursuit would be akin to BHP pursuing a $50 million project that takes years to develop–it simply won’t happen). So it makes perfect sense for small entrepreneurs to come in to do this processing. Despite this observation, the proposed strategy is uncommon among REE juniors, who are exploring
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