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Re: PURA VIDA post# 144485

Friday, 09/26/2014 9:25:57 AM

Friday, September 26, 2014 9:25:57 AM

Post# of 173212
Sounds like you're the one running a CASH register. Boy those repeat sales on Southern Cross Coffee must be pretty high by now.
NEWS is in see details below:
http://www.mining.com/chile-sees-105bn-mining-investment-in-next-decade-35191/?utm_source=digest-en-mining-140925&utm_medium=email&utm_campaign=digest

Why is this varience of news relevant to LBSR?

A) shows severity of need for minerals demand expectation

B) because it shows that olde developed mines can be rejuvinated

C) that being already near infrustructure

D) that even with less fallow mining ops going forward
olde mines can sqeez out a level of profits

(P.S.) After reading the News Article weigh the options out
IMO you will likely conclude that choices A) B) C) D)
are all correct in some manor.

However it has more than a whisp of despiration "TONE" to the message. In light of yesterdays news that going on copper mine strickes is vouge of lately, how good does this arrangment really look. I rather think it is just a soothing message for them to create a false sence of ongoing financial security in their countries. Yes they have the ores but at much higher mining costs, reworking olde worked out can be very expensive.
My thought or rather conclusion would be for them to think of investing in other lands around the Globe with fresh new mines off the shelf which are very long term mineral life basis sources for their investment exchanges. Thus while the above A) B) C) & D) all are extremely relavent putting over 100 billion dollars into foreign greater bodies of minerals TRUMPS or rather would yield much more economical efficiencies for their desired goals of economic securities for these S.A. countries.
However, i am not their Ministry of finance, but I wish them the best. opinions welcome<>




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