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Re: value1008 post# 2022

Thursday, 10/20/2011 7:44:58 PM

Thursday, October 20, 2011 7:44:58 PM

Post# of 4675
There is a reason the price of EMM has not fallen below $1.50/lb in the last 5 years. The reason being the cost for producers is high enough that to make money the minimum price is around $1.50/lb. With costs only going up it just makes the value here even higher. Being the lowest cost producer in the world basically allows you to drive the market. Literally they could drive everyone else out of business and control 98% of the world supply and then do whatever they want. Can anyone even imagine something like that happening. LOL.