Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Great article learner! I think this sentence is key to why we focus on the Nb and look to the REE's as icing on the cake. That said, i still believe it will be the REE's that bring a major move in the PPS.... someday. IMHO
"Second, the market for rare earths is small and opaque, which means pricing and production information is not readily available. The uncertainty that creates for investors means the only way a new project can make it to production is if the company has an offtake agreement with an end user."
Stewart Thompson is one of my favorite reads. This guy is so ON when it comes to timing and a READ on the markets, economy and especially the metals markets. This little snippet was in his latest missive:
22. Do you believe in the gold market now? I don't think you've all been looking at your various gold charts in skyrocket mode, I know you have. Adrenaline is rushing thru your body. I would suggest it's time to put those "wow look at these" charts away and pull out Starship Gold's family tree. The sad thing is that some of you are still down on the stocks on the skyrocket charts. Because you failed to buy anything into any of gold's lows. No worries, but let's not apply those failed market tactics to Queen Gold's relatives. Do you really think Queen Gold is going to Pluto while leaving her family behind? Can you really picture gold at $2000, $3000, $5000, even $10,000, while natural gas sits where it is now? Corn? And I'm not even going to mention rare earths because you need to look out several galaxies to get a handle on how high those could go as the gold starship passes Pluto, driven by Dr. Bernanke's printing press in warp drive. In the end, it's your decision if you want to chase gold's price here. The closer a commodity is to zero, the lower your risk. Period. I am an extremely aggressive buyer of gold's blood relatives here. The family reunion is going to be on Pluto, compliments of Ben Bernanke and his magical money printing machine. I've sent you your invitation to the gold family reunion to be held on Pluto in 2011. The only question is: What are you going to do with your invitation? Don't wait for the rocket to blast off like most of you did with gold. Get serious and get mean. There is no tomorrow. Like a hungry tiger on a deer, the time is now to chew into gold's blood relatives, on the buy side!
Think SRSR pps NOW!!!
For the full article:http://www.321gold.com/editorials/thomson_s/thomson_s_110409.html
Well Kona, since you asked... My thinking is what is missing are knowledge of the percentages of ALL the REE's INCLUDING Uranium and Thorium from the drill cores in the SE zone. I continue to believe that REE's are hot and getting hotter and when the info is well known as to what we possess we will see a whole new interest in SRSR. JMHO
The PR stated that there were greater than 10,000 ppm or 1% total REE's in an area that had no past work, thus expanding the known area of mineralization.
Extrapolate that out by more than the 170,000,000 tons the area may contain, realizing that the REE's are only icing on the Nb cake and me thinks the numbers expand exponentially.
Time will tell.
Bid whackers continue to put stress on SRSR. Until buyers are willing to belly up to the ASK we remain under pps pressure.
Nice day here~
For picking up them cheapies and making them hillbillies squirm!!!
We've looked into that forrest and saw nothing but dead cats EVERYWHERE!!!:0)
Gadzooks that is a thing of beauty! Higher lows with the consolidation... increasing fundamentals with the companys continued progress... what more do ya want?
Ya know cry, there is a calculated risk in getting out of bed in the morning, who's to say your Big Mac was'nt poisoned, don't DARE get in that car!! and your not married are you? (probably the biggest risk any of us can venture into)
No, your not bored either. You are just here like the bully on the playground to pick a fight. Some people just never do grow up eh?
Kona, what do you expect from someone who has invested a whole $1000.00 in this venture?
You get an A+ for that one. BRAVO!!!
I see a lot of b.s. on that chart :)
Why would you??? You sure don't have a problem cluttering the board up with your nonsense eh?
Just as profound today as it was when it was penned over a year ago... (I keep alot of these posts in my favorites, it's hard to find this kind of depth and understanding out THERE and we have it right HERE invested in our little SRSR. How nice!).
Downside we miss you around here, hope your doing well.
I did'nt say much of the restricted has come to market. Our volumes have been low other than the 6 million share day we had 6 trading days ago. You said your restricted shares were available and i simply feel that others have been lifted and chose to sell. IMHO only, no way to know for sure. GLTA
dmbao, i honestly believe that alot of the recent selling has come from the lifting of these restricted shares.
You are very wise to hold long term here, but it is understandable that some don't have the patience or have need of the $ and have therefore sold...
me thinks they will be kicking themselves when they see what they left on the table in future years. IMHO
Yea, and just think, thats 40+ years of mine life at 2 BILLION production per year!
This starts to really factor into the PPS as multiples of forward earnings as we get close to said production. IMHO
THIS is what i'm talking about... amazing. Thanks for all your effort Onta, just excellent.
In case nobody noticed... WERE GREEN!!
Wow Onta, you are on a roll tonight!! Do you know how great you are IMHO? What an asset to this great board.
I'm coming up to my 2 year mark with SRSR and what a great ride it's been so far, the next 10 are going to be blockbusters with Mr. Keevil as our 'commander'!
Here comes those 4's LOL HAAAAA!
Yea, and then i 'thing' you woke up and we were still at .06 LMFAO!
Trader Dog, yea right.
GREEN!!!
Pdog. Which 'grape vine' are you referring to? Would appreciate if you would expand on this little tid bit. TIA
BRE-X? That is why the NI 43-101 (Canadian) and the IG7 (US) standards we addopted.
Comparing SRSR to BRE-X? That is by far one of the lamest post EVER on this board. Nice try.
Mickey Fulp: Rare earths are "Flavor of the year"... a decent read IMHO.
http://www.theenergyreport.com/pub/na_u/1137
So... was that 640,000 block at 0.0603 a cleanout of this seller or a miss print of the current ask at 0.0630???
Yea, a couple more hits and we might have a green day here!
Um o.k. I guess your welcome?
Yea i know. That was'nt directed at you. You are one of the boards best K!
No, not really kuz! Remember, SRSR was a pink who was brokering the lake property, which is the only reason Scott came on board in the first place. He inherited PINK! Just has'nt finished working to bring it to a better exchange.
A gift here people, OPEN YOUR EYES!!
Obert, yes those values are only in the ground but the current program is aimed at bringing those 'in the ground' values to the balance sheet which will then THRUST them in the markets face. Better to be long and strong BEFORE that time. IMHO
I thought the big drill was for the lake property, am i confused or what?
Big daddy's co, TCK up almost 9% today at 31.00. Long way from the lows of 2.60 last fall eh? I still would'nt count TCK out of our future should this continue. IMHO
E. If Scott betrays us he betrays himself as he is the proud owner of at least 31,000,000 shares which is not quite as many as you have but still keeps him in the same boat as us.
Once again these prices are a gift to those with eyes to see. Add while you can because we all know the value in the ground.
There was. We have some good volume today, my guess is we have a short term bottom in place.
A bit more buying and we close above .07 is my guess.
Bats and guanno exist in the adit, verified by pictures.... maybe off topic and boring (not much else going on here) but no prejudice here imho.
Dude, certainly you have done your DD in order to make these statements no? This info should be right at hand to be shared with all on this board.... We're still waiting.
Understood it may take a while... but we're still waiting.
2 minutes to close. Piccaso gonna paint us green today?
Yep, I had my own question answered as soon as my post hit. howdya like that!
Great find cmzio! My favorite quote from Brent regarding rare earths:
" there's no way to value the rare earth deposits right now because we don't know what the concentrates are, we don't know the ratio of each metal and the difficulty of getting them out, each deposit is unique. It is a very difficult model to put a valuation on which is perfect, we have a bunch of elements nobody can say, nobody has lost money on, the world needs them and you can't value them... perfect!"
Makes me think of the internets of the late 90's where the one's that rose the highest were the "story" companies that had no earnings and no way to value them. 2010 is gonna be an exciting year for SRSR IMHO.