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Max Power

09/23/08 12:58 PM

#26825 RE: Max Power #26824

Rare Earth
22/9/08

Lanthanum Oxide 9.00
Cerium Oxide 4.80
Neodymium Oxide 22.50
Praseodymium Oxide 21.50
Samarium Oxide 4.75
Dysprosium Oxide 115
Europium Oxide 490
Terbium Oxide 640
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downsideup

09/23/08 4:25 PM

#26828 RE: Max Power #26824

Nice find on the pricing link.

I like having the prices for the different elements split out like that. I'm an optics geek, among other things, which is one reason I'm interested in the REE markets. I think we are just on the cusp of a major expansion in the utility and markets for lasers and specialty semiconductors necessary in optics and in optical/electronic interfaces, that will expand the demand for REE on a fairly steep curve over the next three to five years and beyond.

Otherwise, I see the value element in the management here that others see, too... I just see it a bit differently. I'm not opposed to suggesting there is "value in relationships" here that is connected to his Dad wanting to see Scott succeed, I just think the reality that really matters is that Scott has inherent capability, along with a strong background in the industry, and brings along with him the benefit of contacts that he has because of who he is... I think it is the management skills, and the contacts, along with the vision to recognize the value in the ground before others... that will deliver value for shareholders here. I note that the focus here on a single property, which looks transformational for SRSR, is likely not the limit of the value that can be delivered in future by the sort of effort that the new management has shown it can deliver once. What good is it to learn to pull a rabbit out of a hat... and then do it only once ??? I still find there is often unrecognized value you can find by thinking about investing as investing in people, which most won't recognize until after the fact. Still, all is JMHO... finding value that might be greater than recognized still isn't the same thing as buying future value at the best price.