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Re: 356porsche post# 131261

Thursday, 03/28/2013 5:32:22 PM

Thursday, March 28, 2013 5:32:22 PM

Post# of 165854
Scott has built contacts among the largest steel related Chinese SOEs, including China Minmetals – China’s largest steel trading company. China Minmetals is the owner of Changsha Research Institute of Mining and Metallurgy (CRIMM), the organization that is in the process of performing advanced beneficiation testing to determine how to separate the Niostar niobium from the ore (gangue). The research is being performed at SOE expense – it will cost the shareholders NOTHING. It is being performed by large players in the Chinese steel industry – producers of HSLA (high-strength, low alloy) steel, the largest demand industry for the Niobium that Niostar would produce.

My points: Scott is building strong contacts. Scott is putting the company name out there among the biggest players in the industry. Scott is building VALUE – More and more as we wait.

I don’t think that any of the naysayers that are posting repetitive arguments about delays can post a single strongly supported point that comes anywhere close to countering these facts – all taken from company PRs.

And there are many, many more risk mitigating arguments that can be found using the simplest DD techniques and a minimal amount of time.