Viperdan ...... The Prominent Poster. Great Post, Viperdan. As you have noticed that "The prominent poster in the field of mining & explorations has not once mention the huge price rise of precious metals." True, noticed that myself. You are right about China & India, where 2/3 of the world's populations are located. And these 2 countries are developing very fast in terms of technology and their industries. China has less interest in oil investment is because unlike America, they can always go back to bicycles. And China has been concentrating on alternative energy in recent years. For remote areas, the 5-year & 10-year plan is aimed to set up solar power for every village. Many of those remote villages already have solar & wind power supply for energy. There's only a limited amount of REE being mined worldwide so far, and REE is hard to find. China & India alone will eventually use up all the REE that can be produced. When that time come, it will leave Japan & the US in limbos. REE will be like water in the SAHARA DESERT, without it, death. Canada now becomes the focal point of China's Giant 300-billion dollar Fund. And Newfoundland becomes the focal point of the world's attentions for its "RICH IN MINERALS." And VALE is interested in KAT. The future is really looking good. We as long term true investors in KAT will have the patience to allow this KAT to become full-grown. Ken is adding more & more ponies to the stable, he knows what he's doing. The rest of us can only guess and wait, it took Mr. Gate 10 years to become known. It took Buffett 5 years to make a killing (billions) with a China bank. Other than lottery, there's no such thing as "Get Rich Overnight" in business. Especially in the mining business. Enjoy reading your post, Viperdan. Super post. Patience is GOLDEN.
Viperdan --- Great post. The importance of REE can't be ignored. Rusty Ridge has all the REE, and Ken staked 102 more new claims right next to Hole #2. Great move.
Viperdan ...... Excellent Post for Year 2011. Yes, its been exactly one year since you posted this one. Many many friends had read your post. And learn alot from it. Now that REE has been found at Rusty Ridge, how much, don't know yet. But, it can be huge, wait & see.
Viperdan ..... Your post, the best post of 2011. Good read for all investors who are interested in Mining & mineral explorations. Ken has found REE at Rusty Ridge. How big the finding is yet to be seen. The 102 new claims added to RR may hold the key. Wait & see.
Good read for 2012. Excellent post. So far this year, gold, silver, copper, all up nicely. Prices for REE are beyond belief, up each day like no end in sight. Kat will find the MotherLodes of some of those minerals. Patience.
Viperdan ..... Agree with you when you said : "WHAT WAS CONSIDERED UNMINEABLE RESOURCES NUMBERS CAN BECOME A MINE AS THE PRICES OF METALS RAISES TO MUCH HIGHER LEVELS."
During the Asian Geo Conference last year, almost all the prominent geo experts agreed that properties are mineable with 0.03%REE if conditions are OK such as roads or rails, power-supply, and weather friendly.
Viperdan, you were right for over a year now. Each day passes on, you are more & more right about your post. Now The REE situation is getting worse each week. Soon, the whole world may just get shut-out completely from REE, except China who owns most of them REEs. Good thing, Rusty Ridge has all kinds of REEs.
Agree, we sure need to talk more about some important minerals. After all, that's what Jr explorations are looking for. The 102 new claims added to Rusty Ridge are sure interesting. Need more info on that also. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68342138
When work starts at Ghana gold mine, Some gold will be unearthed, that means cash for the KAT. there will be money for more drilling at Rusty Ridge. Worth the wait.
China moved its $300-Billion Giant Fund to Ontario, Canada about 2 years ago. China has been buying many Canadian Companies, such as mining companies, oil & resources companies. Also, China bought many REE properties (companies) worldwide. With Rusty Ridge's REE discovery, who knows. Possibility for a buyout is good. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74671699