RE: RE: RE: A Sensible PostSchmid,
You state "Stans current market cap is ridiculously low when compared to their assets." I agree, but do you believe Stans will be able to economically mine their deposits (assets)? Do you believe they have enough money to refurbish the plant? Is their rare earth deposit
sexy enough for an offtake partner to help them build out the deposit and plant?
It's basically Byron King vs. Mickey Fulp:
King wrote a major positive report on Stans will tons of huge promises ($30 share price) and inflammatory language that I've read in reports that I get in the mail and immediately throw in the trash. The stock rose for a couple months after the pumping (in November 2010 and again in January 2011), and has sold off ever since hard.
Fulp says Stans was being pumped by newsletters and email campaigns. He says Stans doesn't have an economically feasible deposit and a paltry tonnage (42,000) compared to competitors, even though the HRE distribution is very high.
See August 29 report here.
Was King being paid to promote Stans? Fulp was not short Stans, according to his reports...he's just trying to be honest about the deposit. I personally didn't like the King report (and posted that on this board back after it released) because it had pump and dump language in it.
Which one of these men will be proven correct?
David