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Re: TMLonggun post# 188

Tuesday, 10/20/2015 6:52:10 AM

Tuesday, October 20, 2015 6:52:10 AM

Post# of 264
Hi Longgun, I fully agree with your comments on Niocorp.

The discussion on price is somewhat more complicated, I think. It is all about the assumptions made. It starts with the way the supply-and-demand-curve is drawn. If supply remains relatively limited, the usage of scandium maybe restricted to areas where a high price is justified. Where the benefits exceed the added costs of scandium. And how about collusion; price setting by the market leader. With only a handful producers this is a foreseeable scenario.

Yesterday was great for all longs, hope this trend continues...
GLTA