TSXV:HRE.H - Post by User
Comment by
davidloweon Sep 10, 2011 8:54pm
171 Views
Post# 19030038
RE: Response to Mrstockguy by Mrstockguy
RE: Response to Mrstockguy by MrstockguyMr. Stock Guy posted:
Schmid - 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!
Thanks for your response...much appreciated.
So, my followup comments/questions for you are:
1. Yes, you are probably correct that my posts have been negative in the last couple months. That is a direct reflection of the fall in the stock price.
2. How do you know that, as we speak, the company is having conversations with companies for exclusive rights to their deposits? Are you basing this on the "PacificInvestments1000" post? Because nothing has been released on this by Stans, has it?
3. I agree that the best case scenarios are being used by Stans competitors. We are already seeing problems for Lynas and GWG. Other large tonnage deposit competitors pointed out by Fulp (REE, Quest, etc.) I believe are still years away from being in production.
4. I agree they have a nice amount of cash in the bank. I will be calling IR Monday and will be asking for the latest Statement of Cash Flows (or the Canadian equivalent) to see what the money has been spent on. I know $5.5m was spent on the plant, and also they are spending on drilling.
Looking forward to your response,
David