Replies to post #1086 on Raptor Technology Group (fka RAPT)

[oscarb1]

Great post Mr. Whazoo. I concur that time is of the essence for RAPT to fully implement it's business plan in the rare earth minerals recovery endeavor. China has nearly 95% of the rare earth minerals, and not long ago publicly proclaimed that it would commence restricting exports of same. Molycorp Corp. has undertaken recent measures to open up the Mountain Pass Mine situated in California I believe, to recommence mining for rare earth minerals. If my memory serves me correct they did an IPO or secondary raise in the neighborhhod of 350 million dollars to recommence those operations. Haven't looked for a while, but Wall Street liked their prospects and the stock price appreciated very nicely on news of Molycorp's plans. Will revisit Molycorp and the Mountain ass mine in the near future. The point is that the value of RAPT's business, enhanced by it's contract with washoe should insure a continued supply of the tailings to last scores of years even at processing rates of 100,000 tons per year. RAPt will be prominently on the map of successful companies if it can fully implement it's announced Plans!