Nextsource Materials Inc (NSRCF)

[aharfo56]

Thanks for the post; we need more discussion like this as opposed to "To Da MOOOOON!" and "Man, we know what we have here..."

Right now, less than 1% of our energy comes from renewables like wind and solar. I know Obama is pushing it, but the industry is partly fighting back (the carbon credits, definitely), and partly educating them and the public as to how far the technology needs to come in order to be a large component of the grid and have the reliability that current fossil fuels. So, for better or worse, the technology could be too far ahead of its time (and we're way too early to make any money within the next five years). Per the URST presentation, they speak of steel use and how this deposit could possibly change the price of the entire market because it's supposed to be huge AND much cheaper to extract; this could result in cheaper high-quality steel for the world. Demand is lower right now, but with the infrastructure funding & projects in developing countries this might be our best bet for near-term profitability. Batteries appear to be too far into the future, IMHO. Great DD, and hopefully we can discuss this and get valuable input from the entire board.

I have no problems with informed speculation, but throwing money at low-dollar stocks in the hopes of striking it rich is a fool's game, especially without asking tough questions.