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Re: optimus203 post# 75

Monday, 10/24/2011 1:53:50 PM

Monday, October 24, 2011 1:53:50 PM

Post# of 170
You are missing NOTHING. When China pulls the trigger and cuts off the rest of th world from REE's,we will look like prophets(but with money)I am buying this and QREDF small chunks at a time.A modern electronics economy simply CANNOT FUNCTION without these litle whisps of metals with funny names.Can't be done.As an aside,me and an environmental engineer friend got into a discussion about where the largest concentration of REE"s were-His suprising answer?-"Garbage dumps"He believes we have thrown away so much old electronic equipment that the percentage per ton may one day make it economically feasable to go back and mine these dumps for REE's,among other things.Imagine finding Jimmy Hoffa,encased in niobium...Stay strong,Opto.We will do very well in the long run.Biggest problem is refining-the USA has so many regulations that it might be easier to enrich the ore and send it somewhere else for purification.Imagine the hoops and paperwork involved in starting up a brand-new refining plant..Hell,we cant even refine more OIL.Perhaps someone in Congress will see the light,and push for a plant based on the importance of REE's to our national security.I ramble..glta