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Re: maverick one post# 629

Friday, 12/24/2021 8:55:01 AM

Friday, December 24, 2021 8:55:01 AM

Post# of 664
Your math leaves your bid at pre split price of .07. I understand if one does not like a business plan or a direction a company has taken but if you were happy at .30 and now it is between .40 and .50 pre split value, I dont get your negativity. It will go higher at uplisting to NYSE because volume is low and there are money managers waiting to buy for their clients. One can choose not to believe it, but the rare earth division is going to further inflate the value. Yes, it will take years, but Idaho Strategic will be one of like 2-3 ways to buy rare earth exposure in the American market. Use is estimated to double every 15 years which means more mining will be needed in the next 30 years than has been extracted in the entire mining history of the world. The government of both parties are taking steps right now to get back in so that China doesnt mantain rare earth monopoly. Its not going back to a dollar. There are lots of companies that have ‘inflated’ PEs bc investors see a much bigger company and value down the road if the path is mantained.
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