Response to KeithwmnKeithwmn posted:
Hi David
You bring up valid points. I don't believe the mine is tapped out; that is outright wrong (or the worst 28 million ever invested - with no DD). As for the low grades, that is where the feasibility study will come in, so we will just have to wait.
REE's aside, it's the beryllium that i'm really interested in. The soviets records so far have been accurate, so looking at the number of shares * billions in beryllium, and we have a VERY nice rise; REE's are just extra for me, and i think that is what the market does not get at all - it is only looking at the REE content and geopolitics (even though a mine is more risky in the West right now). Also please look to the future as Stans seeks to acquire a high quality deposit in Russia with its contacts - a success there will make it the MCP of heavies, although it is a long shot of course.
What concerns me are the childish / uneducated posts on this board - if these are my fellow investors, then perhaps i have made a very big mistake in selecting the same company they did.
Keith,
I wish you would post more, because I always enjoy reading them. Thank you for saying I made valid points in my post, which took quite a bit of time to craft.
I certainly hope the mine is not tapped out. They keep talking about more ore underneath where the Soviets drilled, so let's hope they can greatly expand the tonnage.
The low grades is something I didn't give enough due diligence to during my investigation. I was more impressed with the metallurgy, the plant, the permits, the history, the HRE's, etc. Fulp says the grade is king, and I tend to agree with him based on my long years investing in gold and silver stocks. The low grade stocks tend to not get the best valuations.
I have the following questions for you:
1. I agree that the Be potential is huge. But answer me this: other investors know this too, so. if we truly have $8B of Be in the ground, why isn't anyone buying the stock at these levels?
2. So, in your view, you are really only investing in a Berrylium company? If so, it will be a lot longer for them to get to production with Be, won't it? My understanding is that they are pursuing a quicker road toward REE's rather than Be.
3. I am also aware of the company's desire to pursue Russian deposits. They have stated as much in their news releases, I believe. But tell me this: we all know that demand is going to outstrip supply over the next few years, but with other plants coming online in the next couple years (GWG, Lynas, MCP), I've read that supply will overtake demand by around 2015-2016. So, if Stans pursues other Russian deposits, won't it be too late to the game compared to their competition?
4. Why do you say it is a long shot for them to pursue Russian deposits? They have all the Russian experts, the VNIIT partnership. Please let me know.
Looking forward to your response,
David