Rachel Salamon · @Hot_OTC_Network
8th Feb 2013 from Twitlonger
Brookfield Resources Inc. or BFLD closed in the last session at .09 per share, and appears to be on track a major reversal. Brookfield Resources Inc. hit our radar yesterday after we identified unusual trading activity, the kind that usually indicates a major announcement could be right around the corner.
On Wednesday, after relatively little trading over the last two weeks, BFLD suddenly experienced huge volume, followed by a quiet trading session today. In the past, similar trading activity (made by company executives) can often point to some kind of upcoming announcement, like a major contract, new purchase order, new product launch, acquisition…etc.
We believe something big could be brewing for this tiny .09-cent rare earth stock!
A Nevada based corporation, Brookfield Resources Inc. or BFLD focuses its attention on mining exploration opportunities in Nova Scotia Canada specifically for the exploration of Rare Earth Elements. Along with establishing a working team, the company has acquired specific land related to the research that has been completed, signaling preferred areas for rare earth minerals. Its goal is to increase its portfolio of land in this area and continue exploration until targets have been established.
China has long monopolized the rare earth market, and putting high tech manufacturers at the mercy of China, taking what they can get, with China calling the shots on price and availability. When China announced last year that it will reduce its export quota, the rare earth sector exploded surging 10 fold within a year with companies vying to capture a piece of the market share left open. The rare earth bubble however looks to have burst since then. Rare earth stocks, ETFs, and mutual funds have fallen enormously, but with the demand for rare earths still continuing to grow, recent declines in price could present a significant buying opportunity for investors seeking to capitalize on the all but inevitable resurgence of the rare earth sector!
Savvy investors stay ahead of the trends and are prepared when a sector moves back into favor. With rare earth stocks at near bottom levels, the timing could be perfect to take advantage of a possible reversal and maximize potential gains resulting from the potential breakout rally!
Closing at just .09 per share, trading near its all time low levels, BFLD looks like it could be in for a major breakout on the back of recent news as it moves closer to production! Recently announcing that it has engaged leading exploration firm, GEOFIND INC. for its airborne geophysical surveys of its Nova Scotia property, expected to be completed this spring, BFLD could be well on its way to becoming a leading producer of rare earths outside of China!
BFLD Engages GeoFind, Inc. and Announces Plans for Airborne Geophysical Surveys
Brookfield Resources Inc. is pleased to announce the engagement of GEOFIND INC. as its field team for its Nova Scotia property at Bear Lake. GeoFind is an exploration and mining consulting firm based in Halifax, Nova Scotia, Canada. The company has become a leader in exploration in the specific area of Cobequid Highlands, Nova Scotia, which is the location of Brookfields Bear Lake property.
They have spent the past few years analyzing and testing the area, subsequent to the discovery of Rare Earths Elements in the area, by the Nova Scotia Department of Natural Resources. President of GeoFind Robert Krienke said “We are looking forward to this opportunity and as we all are discovering this area has immense potential, in the rare earth sector.” (Read More)
BFLD Announces Tentative Agreement for Extraction Process
Brookfield Resources Inc. announced that it has entered into a tentative agreement for rights pertaining to an extraction process for heavy rare earth elements (HREE) for its Nova Scotia property at Bear Lake in the Cobequid Highlands.
Because of the high capital costs associated with extracting rare earth elements from ore, the Company has elected to investigate a broad spectrum of opportunities beyond floatation technologies, more particularly targeting resin extractions in order to reduce capital and operating costs. The company understands that this may be the most differentiating factor in making this type of mineral recovery successful. Beyond using this technology in our own programs the company will market this unique process to other mining companies. (Read More)
BFLD Announces Acquisition of Mining Claims
Brookfield Resources Inc. has commenced preparation and exploration on their claims in the Cobequid Highlands. The Nova Scotia Department of Natural Resources (NSDNR) commenced a renewed research program in the Cobequid Highlands as a follow up to a late 1980's stream sediment sampling program. Recent work has been processing and the NSDNR has announced two major mineralization discoveries: Rare Earth Elements (REE's) in 2010 and Gold (Au) in October 2011.
The REE's, as described by the NSDNR are enriched dykes and pegmatites as part of the area's granite. The initial mineralogy work by NSDNR has identified that REE mineralization is not locked up in the zirconium, and is enriched in the rarer more valuable rare earths: the Heavy Rare Earth Elements (HREE's). (Read More)
Could BFLD be in for a Breakout?
It certainly looks like it given the growing demand for rare earth minerals and BFLD’s prospects for 2013. Trading at $0.09 per share, BFLD is trading closer to the lower end of its trading range and with a 52 Week High of $0.18 per share looks to have plenty of potential for gains.
Over the past two decades, there has been a rapid increase in demand for items that require rare earths. With so many products that need rare earths to be produced, such as tablets and cell phones, as the world's population grows and becomes increasingly wealthy, that demand will increase even more.
According to a recent article on Nasdaq.com, The recent rare earth pullback presents investors with a potential opportunity as the price for rare earth stocks, ETFs, and mutual funds has declined to pre-mania levels.
Rare earth elements are here to stay and demand will likely again cause prices to increase as more and more emerging market consumers demand the same electronic luxuries that developed market consumers have enjoyed for years. (Read More)
We strongly suggest putting BFLD on your watch list immediately!
While the frenzy over rare earth sector has subsided, the demand for the rare earths themselves have far from declined and is expected to grow at a staggering pace in the coming years! Looking at the REMX (Market Vector Rare Earth/Strategic Metals ETF), a good indicator of the overall sector, prices have fallen to pre-mania levels and is now moving sideways which seems to indicate the rare earth’s sector has reached a bottom.
Many have producers have left the sector to refocus its efforts on more popular metals clearing the filed for companies like BFLD to capitalize on the growing demand as the rare earth’s sector all but inevitably moves back into favor in the markets once again! Trading at near its all time lows, BFLD closing in the previous session at just $0.09per share could present a ground floor opportunity to capture shares at near bottom levels before a potential breakout occurs!
BFLD could be on the verge of a major rally on the back of its recent developments and as it moves closer to production! So keep a close eye on BFLD throughout this week and make sure you begin your own research immediately!
Do Not Miss BFLD: A Company That Could Help End China’s Monopoly on Rare Earth Mineral Production!
Check out Brookfield Resources Inc.’s Website at: http://www.brookfieldresources.com