RE:Thanks for the cheap shares JL I know this is going to sound "Elementary" to many but I am going to post it anyways as I believe that Eodway is on to something here. I started looking into the Rhodium side of this deposit a while ago and am glad to see someone has decided yo delve into it. Also, there is lots of over looked info on the web site in Investors kit, (February 2014 Corporate Presentation and Investors Fact Sheet)
this is just a brief explanation of what Rhodium is (available to anyone who does a little bit of searching) DD
Rhodium is one of the rarest elements in the Earth's crust, of which it comprises an estimated 0.0002 parts per million (2 × 10−10).[23] Its rarity affects its price, and thus its usage in commercial applications.
Mining and price[edit]
Rh price evolution.
The industrial extraction of rhodium is complex, as the metal occurs in ores mixed with other metals such as palladium, silver, platinum, and gold. It is found in platinum ores and extracted as a white inert metal which is very difficult to fuse. Principal sources are located in South Africa; in river sands of the Ural Mountains; and in North America, including the copper-nickel sulfide mining area of the Sudbury, Ontario, region. Although the quantity at Sudbury is very small, the large amount of processed nickel ore makes rhodium recovery cost-effective.
The main exporter of rhodium is South Africa (approximately 80% in 2010) followed by Russia.[24] The annual world production of this element is 30 tonnes and there are very few rhodium-bearing minerals. The price of rhodium is historically highly variable. In 2007, rhodium cost approximately eight times more than gold, 450 times more than silver, and 27,250 times more than copper by weight. In 2008, the price briefly rose above $10,000 per ounce ($350,000 per kilogram). The economic slowdown of the 3rd quarter of 2008 pushed rhodium prices sharply back below $1,000 per ounce ($35,000 per kilogram); they rebounded to $2,750 by early 2010 ($97,000 per kilogram) (over twice the gold price), but in late 2013, the prices were a bit lower than $1000.[25]