Desk · Economic studies · NdPr / LREE
OTCQB:REEMF
Rare Element Resources
Bear Lodge, Wyoming — bastnäsite carbonatite with a DoE-backed demonstration plant. High TREO, thorium is the known issue.
Quiet
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 12-01 Permit
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Life support
Isoelectric. No material beat in the window. A listing is not vitality.
- Last beat
- —
- Beats / 90d
- 0
- Recent gap
- —
0 beats in 180d
- — No dated beat in the trailing window.
- — Next: Upton demo results / permit path (101d).
- — Government / strategic paper is on the tape.
Trading
- Last
- $1.11
- 1d
- -39.8%
- Mkt cap
- $720M
- Volume
- 6.0M
- 52-week
- $0.28 – $2.40
- 1m
- —
- 3m
- —
- 1y
- —
Shares — · EV / MagREO $21M/kt · snapshot, not a live tape
Company & people
HQ
Littleton, Colorado
Focus
NdPr / LREE · Hard rock
CEO Ken Mushinski
- Ken Mushinski, President & CEO
Mine / project
Flagship
Bear Lodge + Upton demo plant
Location
Northeast Wyoming · United States
Deposit
Bastnäsite carbonatite
Resource
Bear Lodge ~2–3% TREO-class carbonatite. Demonstration hydromet at Upton with prior DoE support.
Desk basket
2.4% TREO · 35 kt MagREO (desk)
Radioactivity
High U/Th — licensing is part of the thesis
Capital, loans, grants & support
US DoE grant
Demonstration-plant funding heritage at Upton
The Pulse
Tape is violent — Friday −40% on 6m shares after a two-week melt-up. Right deposit, right state, thorium licensing is still the gate. A print is not a permit.
OTCQB. Nasdaq wants a permitted, financed mine or a plant that ships. Bear Lodge is not there.
Next: 1 Dec 2026 — Upton demo results / permit path
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneUS OTCQB listing
Primary is OTCQB:REEMF. This is a US issuer, not a CSE tourist. Once NYSE Amex (as REE), now back on the venture tape.
- 02 · DoneUS reporting issuer
Domestic OTCQB. Exchange Act reporting is the starting point, not a future 40-F.
- 03 · DoneDTC eligibility
US OTCQB reporting names settle DTC. Brokers can hold REEMF.
- 04 · LiveUS holder tape
Wyoming story, DoE demo heritage. Holders exist. Liquidity is still OTC-shaped.
- 05 · NextUpton demo + permit path1 Dec 2026
Thorium licensing and a offtake print together. Demo plant is a signal, not a mill.
- 06 · GapNasdaq governance / listing standards
Reporting is not Nasdaq. Independent directors, committee charters, and a $4 bid still have to be met.
- 07 · GapNasdaq $4 bid
Last ~US$1.15. ~3.5× below — closer than the CSE pennies, still a wall. A permitted, financed mine is how this clears.
- 08 · GapNasdaq application
Not filed. Nasdaq wants a permitted, financed mine or a plant that ships. Bear Lodge is not there.
Catalysts
Upton demo results / permit path
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method