AI
Sunday, July 19, 2009 5:03:58 PM
dragon, you make a good point. When I came up with the first version of this chart about a year ago, less was known about the property. We thought maybe $10B - $20B in Niobium, and perhaps another $10B in REEs, again being conservative. We now have better numbers. We think the Nb alone could be $30B, and the REEs might be another $20B - $30B more. So in reality, my yellow box could be extended downward. I had not focused on that area of the chart in some time. But at the same time, I am not sure much is gained at this point by claiming a .12 stock is going to $10. The long holders would understand it, but it would strike any newbies as incredulous.
"Got Niobium?"
