TSXV:HRE.H - Post by User
Comment by
mrstockguyon Sep 10, 2011 10:22am
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Post# 19029191
Response to Mrstockguy by Mrstockguy
Response to Mrstockguy by MrstockguySchmid - the resistance is probably .80 where the market cap is about 100m. With a bit more bad news from a europe crash, will dive lower to 50-60 but I dont think it will - I'm prepared for it though.
David - no disrespect but I have read every single one of your posts for the last few months and every single one is pesimestic. Fair enough but to me, this company has all the right ingredients to explode sometime soon.
Pre-feasilbility will have companies lining up at the door for the exclusive rights for their deposits. In fact, they are having several conversations as we speak. Regardless of a market crash, these metals are crucial for development of future technologies. Im not talking LREE for light bulbs etc, Im talking HREEs for enviroment, magnets/energy/catalysts for oil... the list goes on. China recently shutting down the 3 mines which hold the #1 producer of dysprosium (Dy) because they have exceeded their annual quota is abolute cr..... China has admitted many times over that they will run out of this specific element within 2 years. They are preserving it and using any other story to cover it up. From a short term and a long term perspective Dy is the highest importance to clean energy and has the highest supply risk! Fact. Let alone all the other CREOS.
Now if you take the BEST case scenario of all the mines in the world producing their expected and delivering their output of Dy2O3, demand doesnt meet supply of this deposit until mid 2015 - best case meaning everybody is on track with their estimates/timelines and quotas which just wont happen. Worse case is that demand meets supply in 2017/18. Looking at the in situ physical distrubtion of individual CREOS of Stans, they score highest of this deposit. Get that its unit MR is lower or the in situ quantity is lower but this is why they have a bloody brilliant team behind them to chemically break this down to a reasonable output.
They have money in the bank at the moment so they are not crying out for cash. In fact when it comes to the next round of funding, it probably wont go out to shareholders (or maybe a fraction of it will). The companies tied into the exclusive agreements will have a big part of raisng the cash for them as its guaranteeing the future prerequities/technologies for them to sell onto us !!!
Then we all past go.......get $200 from the bak and all the speculation and conspiracy theories against insider trading/internal sells offs and bad PR starts again!