RE: RE: RE: RE: BASKET PRICE PER TON
effitery-The other part which I left out is for you to e-mail Gareth Hatch directly to get the real goods on this chart. Don't leave it in his reply column at the bottom of his news letter as you may face the wrath of respondents on his reply section (some seem to know everything about everything). If you haven't signed up , do so ,Gareth is a wealth of Knowledge and analysis . The rare earth world is volitile at best. Look at Avalon. I packed my money behind GWG (mine to market scenario) in the spring of 2009 and watched Avalon skyrocket .It was my choice. But look at it now. It's not a bubble any more and the only thing I believe about Jack Lifton is that it will be a race to the finish with four to five survivors in 2014-2015-2016. And things will be delayed. Deadlines always are. We expect so much , and when the market is not your friend as has been since April 2011 if you're in the Venture market , expect not to get what you may have envisioned. But in the end you have to back the right horse. I believe that Ucore is one of them.
There are state side endeavours to bring this project to fruition and on the fed level also. We don't always know what is happening in a sub committees at the time to say this is a go or a stay. Congress is divided and has not been working to benefit the people or investors. It's an election year and don't expect to much traction on Ucore in the next months from the Feds. But we do expect a PEA shortly and I feel it will be great. In fact I am hinging most of my retirement on this stock . Crazy you think . Maybe but I envision a $17 dollar valuation by 2015 barring a buyout from Molycorp or a Chinese firm (government). GWG as some have ventured- I don't think so.
Good luck to all longs
l.b.