Search Minerals Inc. (SHCMF)

[Middleborder]

Chico, Buddy, thanks for posting and for your anlysis ! Made your post 309 a sticky!

"The pre-tax capital payback is 1.5 years and after-tax capital payback is 1.8 years from start of production.
Initial capital costs: $422M (includes $61M contingency)"

I am hoping these figures appealing enough to get this off the ground late this or next year! (Although we know about the reality of managment timetables!)

Re-posting this link from GE11 on the NIOBF board. Given that USA Rareearths purchased a magnet factory from Hitachi in N.C. I am a bit surprised to see this factory opening in Oklahoma. (IIRC they will be processing their rare earths in Colorado so maybe that is the reason.) I have not seen any further mention of USA Rare Earths going public.

USARareEarth Stillwell Oklahoma Factory


I will be in and out this summer but I will continue to watch SearchMinerals, NIOBF and DMEHF and seeing if I can purchase a few more shares today.