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Re: CricketPie09 post# 78208

Friday, 02/26/2010 11:10:49 AM

Friday, February 26, 2010 11:10:49 AM

Post# of 165854
Well the key to remember there, and it's JMHO of course, is that figure is for current consumption levels, which will likely not remain the same, demand should increase, and likely there will be more uses found for niobium over the course of time, and of course there are occasionally changing geo-political considerations. A new large mining operation by SRSR, would also at least temporarily IMO, drive the price of niobium down as it ramped up production due to increased supply.

Just factors to consider, especially when setting a future target price, pragmatism serves me well as an investor. I like SRSR a lot at this price, and that's why I bought, and I think it could easily return to and surpass the highs of last year by far. I just feel it's very important that we present a clear DD picture for newer investors, it's ethically the right thing to do, and will attract a stronger-handed class of shareholder to this stock, which is good for us all and the company too.

Best of luck!