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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Comment by Cousin_Gerton Sep 09, 2010 3:31pm
234 Views
Post# 17430698

RE: Little River gold and antimony

RE: Little River gold and antimonyYes it is the Antimony that caught my attention....it's in high demand throughout almost every industrial country in the world and yet the supply is 90% controlled by the Chinese. Recent  news stories are generally about the rapidly increasing price due to China limiting the supply to stretch out their remaining reserve. As note before, in the whole of the EU, 100% of their supply has to be imported. Industry needs Antimony and Newfoundland is the "only place" in all of Canada and the US where it is currently being mined and get this...it is all being shipped out back to China, who in 2008 bought out the Beaver Brook mine!! 

Because Antimony deposits are so rare, few investors know anything about it. This could be a sleeper story for a bit while MOA waits for more results, but should some Financial Organization pick put on this Newfoundland story and do a write up...well a lot more may come knocking on MOA's door...C.Gert 
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