Replies to post #667 on GREAT WESTERN MINERALS LTD (GWMGF)

[value1008]

GT, you speak as if her ouster was a done deal. It's not.

Moreover, GWMG and Rareco have a profit sharing agreement with the locals--26% if i remember correctly. That sounds quite fair....

Also, Steenkampskraft mine will only supply a small part of GWMG's profits, so even if Rareco were to up their rev. sharing agreement with locals, it wouldn't put a huge dent in GWMG's very profitable earnings going forward....

Have you seen the breakdown on some of those financial projections by wwwater over at Stockhouse.com v.GWG board?

[murrstir]

From what i have read, it takes a special miner to add value to rare earths. the nationalists will stay away from these fellows, radioactivity, metalurgical complexity and all.

Maybe if you assemble a great team, even the government can't say no.