Wednesday, October 14, 2015 3:23:51 AM
The Company’s management realizes that the greatest increase in value for the Company will happen when the raw land at Eldor is converted into a claim with confirmed mineral resources. They have added a few claims adjoining to their existing ones and extended their ownership of the claims until November 2015. This period will allow them to conduct further exploration and verify their results. Once the results of its explorations and expeditions are confirmed, management will decide on whether to enter into operations or to sell off its whole or part of ownership to a major mining firm.
The market for REEs is expected to grow. Some new firms will want to enter the market since China is slowly losing market share. With additional uses for REEs being discovered more and more frequently, SNET is well poised to benefit from being a new entrant intending to makes its entry into the REE market.
We believe the Company’s strong management, strategic partnerships, robust projected revenue streams and growth potential of the REE markets makes the stock a potentially valuable investment proposition. SourceLinking.Net may provide a potential short term and long term investment opportunity for risk-averse investors.
CONCLUSION
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